Home Selling Challenges

Estates and Family Matters

One of the most difficult transitions in life is dealing an unwanted home change within your family. It could be a divorce or separation, the result of the physical/mental deterioration of a parent, or the fallout from a death in the family. Whether it's dividing households, coordinating a move to a long-term care facility, or managing the parts of one's estate, this is a challenging time. There are emotions to consider, family to coordinate, legal and financial matters to arrange, and eventually the complexity of a physical move of a lifetime worth of their possessions, including the home. As a result, we've developed a program to help a homeowner or their family navigate this complex time and provide the leadership to ensure a successful outcome. Our Estate Advantage Program™ was designed to ensure that the property sale needs of the Estate are understood thoroughly and addressed completely. With the Estate Advantage Program™as a roadmap, we'll work with you to define the objectives of the Estate, develop a series of alternative transaction proposals, and then execute the transaction that best fits the Estate's requirements.

Moving Yourself or a Family Member to an Assisted Living Center: Harder than the reality of our eventual demise is the acceptance that it may be time to give up the family home and move to a more appropriate living arrangement. A family home filled with a lifetime of memories is hard to give up and can seem overwhelming. Our home selling solutions are designed to work with you and give you the time and space you need to transition smoothly from one location to another. In addition, our experience in dealing with hundreds of these types of transactions gives us the sensitivity to make this change graceful without feeling rushed.

Inherited Homes: An inherited home is often a significant burden on family and estate administrators. The executor may be out of state and attempting to deal with this complex asset from a distance. The home may have extensive deferred maintenance or issues that need to be resolved before a sale can occur. But most often, the home is full of a lifetime of belongings that need to be sorted through and dealt with. It is a tough job to sell a home like this and suddenly the family or personal representative is forced into the role of managing contractors, estate sales agents, brokers, and more. Our Estate Advantage Program™ will help you deal with all these issues and move quickly to a sale and estate resolution. We will work with you to take many of these complex issues "off your plate" and make the home sale process much more smooth and simplified. We can buy the home as-is, for all cash, and with all or most of the contents still in the house. We make selling simple.

Multiple Family Members Involved in an Estate Decision: While most home sales involve one individual or one couple, estate transactions often involve multiple decision makers. Whether the decision involves a couple siblings or multiple advisors (attorneys, CPAs, financial planners, etc), we can navigate these complex waters with ease. We have developed a team of professionals that will ensure each decision maker gets a consistent message, makes sure no one gets left out of the chain of communication, and our process will provide the time needed for each advisor to review the offer completely. Our organized Estate Advantage Program™ will walk each party through the transaction without missing a beat. And at the end, our team at Ticor Title will close the transaction and provide all parties the necessary paperwork to close the estate and finalize the sale.

Remote Coordination: Given that many estate administrators live out of the area, selling an estate property remotely can introduce a whole slew of additional complexities. From preparing the property for resale to coordinating signatures on the transaction paperwork to simply "keeping an eye on it" while it sits vacant, an estate property can add many more layers of critical tasks that must be managed carefully for a successful sale. Even selling the property to a direct cash buyer like Phoenix requires careful coordination and an experienced, professional buyer. There are so many moving parts that there must be a logical and clear plan in place to ensure all the players are on the same page to ensure success. At Phoenix Redevelopment, we have developed the Estate Advantage Program™ to address these exact concerns. This step-by-step program is designed to systematically approach the multitude of issues (and potential roadblocks) in an out-of-state transaction and resolve each one. At Phoenix, we make selling simple…even if you're thousands of miles away.

Uncooperative Family Members: When there are multiple siblings or decision makers involved in an home sale transaction, often times they are not on the same page. One person may not like terms of the transaction. One party may have tax issues to consider. One may not want to sell. And we often see transactions where there's a family member living in the home rent-free and doesn't want to move…or even allow us access into the home for an inspection. Whatever the case, we have the patience, creativity, and flexibility to navigate these tricky waters. And often times, our status as a third party gives us access and neutrality that parties to the estate may not have. Either way, we will work with each party to ensure their needs are understood and considered in as sensitive a manner as is possible.

Disposing of a Houseful of Belongings: A lifetime of belongings can be a daunting task for family members to assess and decide where they should go. While we can't help decide which mementos have the most significance and memories, we can help find a home for what is left after this step. We often purchase homes that are full of dated furniture with no market value, decades worth of old newspapers, or even just a pantry full of canned food goods. Whatever the contents may be, we have a process for finding a home for anything left behind. Whether the contents get donated to a charity, recycled, or taken to the dump, we will take care of nearly anything you leave behind.

Divorce/Separation: A separation of a household is a difficult time. Whether it is amiable or not, dividing assets and possibly even selling the home is a trying time. As with any family matter involving real estate, our 20 years of experience has taught us how to gracefully manage and coordinate the home sale process so as to respect the needs of all parties involved. Our home sale programs are designed to help us understand your objectives, develop a series of alternatives, and then execute a specific plan that you select... all the while communicating clearly to all parties involved.