O U R S E R V I C E S
Professional Buyer Representation
With Over 20 Years Experience
Looking for a bargain? Executors selling an estate property can be very motivated, especially for a quick sale! Homes are usually vacant, and often need renovations. Prices can be surprisingly low!
S P A C E SRenovators DreamAn Estate sale occurs when a homeowner has passed away, and the executors to the estate must sell the property to realize the inheritance money. These properties represent an opportunity for savvy home-buyers to purchase a well-loved family home in a great location at a discount. Often in need of TLC and cosmetic renovations, estate sales appeal to the handyman or purchaser looking for an opportunity to affordably buy in a desirable Ottawa neighbourhood.
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Richard Pearce of Guidestar Realty is a professional Realtor, and can advise you on real market value before considering an offer on any home that appeals. It is also highly advisable to have a professional building inspection before committing 100%, to ensure no hidden defects exist. All such homes are sold "as is, where is" so buyer beware! Finally a good real estate lawyer's advice in invaluable to ensure no hidden pitfalls.
The question of probate status is the only "fly in the ointment" with Estate sales. All estates must pass the probationary period prior to the final release of funds. A purchase will not be completed before this milestone is reached. This question needs to be asked! Feel free to contact Richard with any further queries.
The question of probate status is the only "fly in the ointment" with Estate sales. All estates must pass the probationary period prior to the final release of funds. A purchase will not be completed before this milestone is reached. This question needs to be asked! Feel free to contact Richard with any further queries.