Whether you’re looking for some expert advice or simply need that extra push from a professional consultant, you’ve come to the right place. As an experienced real estate agent in Salt Lake City, UT, we provide our clients with advice and tools they need to make their best choices. Take a look at some of these frequently asked questions and call us today for a FREE consultation.
With the death of a loved one, settling the final affairs is one of the most difficult tasks you may have to face. In case he/she has left behind a real estate property in Utah, you can contact Greg Silcox for guidance. The real estate agent in Salt Lake City will answer all your queries and assist you throughout the process.
When Can You Sell the Real Estate?
While each situation is different, it will depend on whether the property has a will, trust, or no will at all.
- If there is no will, the courts will decide through the probate process when the property can be sold. This can take anywhere from a few weeks to a year.
- If there is a will, it still has to go through probate but usually this takes less time as it should be lined out in the will
- In a Trust, the property can be sold whenever the trustee decides and as long as it meets the criteria mentioned in the trust document.
If you are facing any complications in selling property in Utah, call us. You can also book an appointment below right to my personal appointment book!
Sellers are getting top dollar for homes right now. You can be one of them. I can tell you what your home is worth and how the market is evolving.
Can I sell my property in Utah if it is in a trust ?
Many home owners worry that if they put their home in a trust that they will not be able to sell it until they die. This is not the case you can either transfer the property back to your own name and then sell it or sell it directly out of the trust as the trustee.
How long will it take to sell?
While every situation is different, This will give you a rough Idea of how long the process can take. Probate is traditionally 6 weeks to 3 months for a simple probate. If you have a real complex estate it could take up to a year.
At the end of the process, you will be able to distribute personal property. If there are additional items in the home once those items have been disbursed you can choose to sell the home with or without those items in it.
Once the property is free from personal items, you can make the necessary repairs to sell the property. This may take anywhere from 2 to 9 weeks depending on the repairs needed to sell the property for its maximum value.
Once the necessary repairs are done, its time to sell it! Our real estate agents will start to market and sell the property. This process can vary on time depending on market variables, roughly from 30 – 90+ days.
If the property is under contract, the buyer will schedule inspections. Here, they can check a wide range of things from a simple inspection to meth and radon tests. Then it goes through a financing and appraisal phase which usually takes around 30 days but may also get extended to 60 days.
Total process with a traditional buyer from start to finish varies from 3 – 12 months.
To save time, clients can get an ALL CASH offer on their home. This is MUCH faster. Once the property has finished the probate process and personal belongings have been distributed, the real estate agent can have a cash offer to you that will be able to close in 10 days or less! Book an appointment below to see what offer we can get on your home in Salt Lake City!
My first real estate love is fixing up homes. If you have a home you are sick of and ready for some cash I will get you an offer today! I can close within a week and you can wash your hands of your problem home once and for all. I put a lot of attention and love into the homes I remodel and try my best to get someone good for the neighborhood when it's time to resell. You're home is in good hands with me.