Everything You Need to Know About Selling An Inherited House Alone or With An Agent (PART 2)
08/24/23 • 23 min
This is episode 1 of a 2 part Estate Executor Guide.
Catch part 1 here: https://www.buzzsprout.com/2201637/13362099-make-probate-easy-tips-for-estate-executors-hiring-out-tasks-the-probate-podcast-part-1
In Part 2 of our guide for estate executors, Reine Kassulker returns to uncover everything you need to know about selling a probate house, whether you decide to handle it alone or seek the help of a real estate agent. Learn about the three main ways to sell an inherited property and gain insights into potential pitfalls, such as hiring the wrong realtor, signing a contract with a bad wholesaler, and how to spot lowball offers. Discover the benefits of a quick sale cash offer and navigate family dynamics and peaceful decision-making as a probate executor. Whether you're considering selling the inherited house for a cash offer, as-is, or full retail on the MLS, this episode will equip you with essential knowledge to make the best choice and ensure a successful probate property sale.
0:00 Hiring the Wrong Realtor to Sell a House In Probate
2:07 Signing A Contract With The Wrong Wholesaler/Cash Buyer
6:31 How to Spot and Negotiate A Low Ball Offer
10:12 Biggest Benefits of a Quick Sale Cash Offer
14:47 Navigating Decisions and Family Dynamics as Probate Executor
18:01 When Will You Save Money By Hiring A Probate Real Estate Agent?
ABOUT REINE
Reine (Sounds like Green) Kassulker is a licensed Minnesota Real Estate Agent who discovered his passion for probate work in 2018 when he faced the challenging task of cleaning out and selling his family's home, which had been in the family for three generations. Realizing the lack of specialized support for probate cases, Reine dedicated himself to helping families through the probate process with less stress.
CONNECT WITH REINE
Facebook Group - Minnesota Probate Support facebook.com/groups/mnprobatesupport
Email: [email protected]
Connect with Sherri Lund and learn more about probate real estate, downsizing, and caregiver support on
- LinkedIn: https://www.linkedin.com/in/sherri-lund-willowwoodsolutions/
- Facebook (Share your recommendation!): https://www.facebook.com/WillowWoodSolutions
- Instagram: https://www.instagram.com/willowwoodsolutions/
- YouTube: https://www.youtube.com/channel/UCV2fpT6kTz67ufkmMK5Z7zg/
Disclosure: The information shared on The Probate Podcast is for educational and informational purposes only and does not constitute legal or financial advice. We strongly recommend consulting with a professional for advice specific to your situation. If you need help finding a professional, feel free to reach out to us at www.willowwoodsolutions.com/contact.
Please consider kindly rating this show so others can find it!
This is episode 1 of a 2 part Estate Executor Guide.
Catch part 1 here: https://www.buzzsprout.com/2201637/13362099-make-probate-easy-tips-for-estate-executors-hiring-out-tasks-the-probate-podcast-part-1
In Part 2 of our guide for estate executors, Reine Kassulker returns to uncover everything you need to know about selling a probate house, whether you decide to handle it alone or seek the help of a real estate agent. Learn about the three main ways to sell an inherited property and gain insights into potential pitfalls, such as hiring the wrong realtor, signing a contract with a bad wholesaler, and how to spot lowball offers. Discover the benefits of a quick sale cash offer and navigate family dynamics and peaceful decision-making as a probate executor. Whether you're considering selling the inherited house for a cash offer, as-is, or full retail on the MLS, this episode will equip you with essential knowledge to make the best choice and ensure a successful probate property sale.
0:00 Hiring the Wrong Realtor to Sell a House In Probate
2:07 Signing A Contract With The Wrong Wholesaler/Cash Buyer
6:31 How to Spot and Negotiate A Low Ball Offer
10:12 Biggest Benefits of a Quick Sale Cash Offer
14:47 Navigating Decisions and Family Dynamics as Probate Executor
18:01 When Will You Save Money By Hiring A Probate Real Estate Agent?
ABOUT REINE
Reine (Sounds like Green) Kassulker is a licensed Minnesota Real Estate Agent who discovered his passion for probate work in 2018 when he faced the challenging task of cleaning out and selling his family's home, which had been in the family for three generations. Realizing the lack of specialized support for probate cases, Reine dedicated himself to helping families through the probate process with less stress.
CONNECT WITH REINE
Facebook Group - Minnesota Probate Support facebook.com/groups/mnprobatesupport
Email: [email protected]
Connect with Sherri Lund and learn more about probate real estate, downsizing, and caregiver support on
- LinkedIn: https://www.linkedin.com/in/sherri-lund-willowwoodsolutions/
- Facebook (Share your recommendation!): https://www.facebook.com/WillowWoodSolutions
- Instagram: https://www.instagram.com/willowwoodsolutions/
- YouTube: https://www.youtube.com/channel/UCV2fpT6kTz67ufkmMK5Z7zg/
Disclosure: The information shared on The Probate Podcast is for educational and informational purposes only and does not constitute legal or financial advice. We strongly recommend consulting with a professional for advice specific to your situation. If you need help finding a professional, feel free to reach out to us at www.willowwoodsolutions.com/contact.
Please consider kindly rating this show so others can find it!
Previous Episode
Make Probate Easy: Tips for Estate Executors & Hiring Out Tasks | The Probate Podcast (PART 1)
This is episode 1 of a 2 part Estate Executor Guide.
Join us in this two-part series as we dive into the Executor's role in probate with Reine Kassulker, a licensed Minnesota Real Estate Agent specializing in helping families navigate difficult probate cases with less stress. In Part 1, Reine shares valuable insights on the essential duties of an estate executor/personal representative. He shares tips for doing probate yourself and when it's best to seek outside assistance, providing expert tips on hiring professionals for probate services like estate sales and legal representation. Tune in to simplify the probate process and make it 10x easier being an executor of an estate!
0:00 Introducing Reine Kassulker, Probate Specialist
3:50 The Benefits of Probate
5:03 The Underappreciated Role of the Personal Representative
9:33 Being the Executor of a Will
11:47 Real Estate Agent vs. Probate Real Estate Agent
17:44 Special Administration When Executor Named In Will is Deceased
21:09 Handling Probate Without A Lawyer
24:04 Empathy in Probate Service
26:02 Next-Level Probate Networking
28:01 How To Make Probate Easier
33:25 Hiring the Wrong Attorney for Probate
ABOUT REINE
Reine (Sounds like Green) Kassulker is a licensed Minnesota Real Estate Agent who discovered his passion for probate work in 2018 when he faced the challenging task of cleaning out and selling his family's home, which had been in the family for three generations. Realizing the lack of specialized support for probate cases, Reine dedicated himself to helping families through the probate process with less stress.
CONNECT WITH REINE
Facebook Group - Minnesota Probate Support facebook.com/groups/mnprobatesupport
Email: [email protected]
Connect with Sherri Lund and learn more about probate real estate, downsizing, and caregiver support on
- LinkedIn: https://www.linkedin.com/in/sherri-lund-willowwoodsolutions/
- Facebook (Share your recommendation!): https://www.facebook.com/WillowWoodSolutions
- Instagram: https://www.instagram.com/willowwoodsolutions/
- YouTube: https://www.youtube.com/channel/UCV2fpT6kTz67ufkmMK5Z7zg/
Disclosure: The information shared on The Probate Podcast is for educational and informational purposes only and does not constitute legal or financial advice. We strongly recommend consulting with a professional for advice specific to your situation. If you need help finding a professional, feel free to reach out to us at www.willowwoodsolutions.com/contact.
Please consider kindly rating this show so others can find it!
Next Episode
Fast Tracking Inheritance: How A Probate Cash Advance Can Make a Difference
Are you facing financial uncertainty while waiting for probate to settle? Most people don’t know there’s a solution when you need quick cash while an estate goes through probate.
Join us in this episode as we cover everything you need to know about probate cash and inheritance advances with expert insights from Marc Harris, CEO of Probate Cash.
We cover key questions like:
-Can you get an inheritance advance before probate opens?
-Is a same-day inheritance advance possible?
-What documentation is required for an inheritance advance?
-Do other heirs need to approve?
-Do I have to be named in the will?
-Do I need to have good credit?
-Is this a loan?
The answers will surprise you. Listen now to gain a comprehensive understanding of a solution that could change the way you navigate probate.
Speak to someone about getting Probate Cash: https://bit.ly/probate-cash-fast
Explore Probate Help on Sherri's Website: WillowWoodSolutions.com
WATCH ON YOUTUBE:
https://www.youtube.com/watch?v=nboSQE5TivU
Q&A:
7:08 Can you get your inheritance before probate closes?
12:31 What is a non-recourse inheritance advance?
16:14 What is the process of getting a Probate Cash advance?
18:16 Do you have to be the executor to get a Probate Cash advance?
22:40 Why you don't need good credit for an advance vs. a loan
25:04 How small or large can an inheritance cash advance be?
28:13 What if you're challenging the will for beneficiary status?
29:24 How fast can you get inheritance money with an advance?
30:19 What information does a probate cash advance company need?
32:34 When can you expense an inheritance advance to the estate?
33:28 Can Trustees get an advance on inheritance?
34:38 Where can you find information you need about paying for probate?
ABOUT MARC
Meet Marc Harris, a seasoned legal professional with over two decades of expertise in specialized finance. As an attorney admitted to the Florida Bar and CEO of Probate Cash, Marc has been a driving force in the industry, overseeing the acquisition of assets totaling over $100,000,000. His deep knowledge and experience make him a go-to authority on inheritance advances in probate matters.
Connect with Marc
On LinkedIn: https://www.linkedin.com/in/marc-harris-esq-4b62a644/
Email: [email protected]
Tel: 561-476-0018
Website: https://bit.ly/probate-cash-fast
Connect with Sherri Lund and learn more about probate real estate, downsizing, and caregiver support on
- LinkedIn: https://www.linkedin.com/in/sherri-lund-willowwoodsolutions/
- Facebook (Share your recommendation!): https://www.facebook.com/WillowWoodSolutions
- Instagram: https://www.instagram.com/willowwoodsolutions/
- YouTube: https://www.youtube.com/channel/UCV2fpT6kTz67ufkmMK5Z7zg/
Disclosure: The information shared on The Probate Podcast is for educational and informational purposes only and does not constitute legal or financial advice. We strongly recommend consulting with a professional for advice specific to your situation. If you need help finding a professional, feel free to reach out to us at www.willowwoodsolutions.com/contact.
Please consider kindly rating this show so others can find it!
The Probate Podcast - Everything You Need to Know About Selling An Inherited House Alone or With An Agent (PART 2)
Transcript
Hi there. This is Sherri Lund and I'm back with another episode of the Probate Podcast. This is part two, a continuation of my episode from last week, it was so good that we wanted to continue the conversation, and so we've broken it up. Take out your pens. Take out your notebooks, because boy oh boy, do we talk about some good things today, especially if you're an executor, if you're going through probate, this is a must attend podcast. We left off last week talking
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