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The Real Estate Broads of New York

May 26, 2022

You’re searching online for properties and you find something online pretty attractively priced. What’s the catch? Ah, it’s an estate sale. Often when working with buyers on estate sales there are some extra points to consider. Are there any downsides to buying an estate sale vs a typical resale? Is there anything else you should consider? Today we are going to go through what to consider when buying an estate sale.

There are many things to consider and you want to make sure the estate has gone through probate before you start negotiating an estate sale. It will be in the contract and there is additional paperwork for the attorneys to deal with.

As a buyer, you want to know how long the property has been empty to better understand what's working and what is not working. As a seller, you want to make sure you have all of the paperwork done that allows you to sell the estate.

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