An inherited house usually arrives with three things attached: a process that has to be followed, a property nobody has maintained for a while, and more than one person with an opinion. Matt has handled all three for years, working with estate attorneys and personal representatives.
Before anything is priced or listed, Matt establishes what authority exists to sell and what the process requires. Getting ahead of the paperwork is the most common way these sales go wrong, and it is entirely avoidable.
Deferred maintenance is normal on an inherited home and it is rarely worth chasing all of it. Matt walks the property and separates the items that return more than they cost from the ones that simply drain the estate.
That depends on how the estate is being administered and what authority the personal representative holds. Some estates can sell early in the process and some cannot, and some sales require court involvement. Your estate attorney is the person to answer it for your situation. Matt's job is to have the sale ready to move the moment authority exists.
Yes, and it is one of the more common situations. Every heir receives the same information at the same time, the valuation is documented rather than asserted, and decisions get made on evidence instead of on who spoke last. Matt does not take sides among heirs.
Matt coordinates estate sale providers, clear out, and haul away, and can sequence it so the property is ready to photograph without the family having to do it in one weekend. For out of area heirs he can manage the whole thing locally.
Almost never all of it. Some items return well above cost and some return nothing. Matt prices the work and shows you the difference, then you decide. Selling as is is often the right answer once carrying costs and the estate's timeline are counted.
There are real tax considerations when selling inherited property, including how the basis is treated. Matt is not a tax advisor and will not give tax advice. He will make sure your CPA has the sale figures they need, early enough to be useful.
Yes. A significant share of these sales involve heirs who are not in California. Matt manages access, vendors, repairs, and showings on the ground and reports to everyone who needs to know.
Matt Bingaman is a licensed California real estate salesperson, not an attorney or tax advisor. This page is general information only and is not legal or tax advice.
Commercial Land & Luxury handles commercial and land assets held in an estate, including investment property and business real estate.
Visit Commercial Land & LuxuryConfidential. No pressure. If selling is not your best move, Matt will tell you.