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Updated about 9 years ago on . Most recent reply

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Robert Jenkins
  • Commercial Real Estate Agent
  • Encino - Los Angeles, CA
11
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123
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Yellow Letter recieved Owner dead

Robert Jenkins
  • Commercial Real Estate Agent
  • Encino - Los Angeles, CA
Posted

So i sent out yellow letters monday, got a call wednesday. The owner i mailed the letter to died, the daughter is the one that called me, she's out of town about 45minutes - 1hour away from where i live. The owner just died a few days ago and she said the whole reason he owned the home was to pass it on to her so she could sell it. The funeral was today and i didn't want to call her and try to get into specifics and ideas of time frames and prices, but when would you call? What would you do? The home is currently rented and owned free and clear but somewhat run down.

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Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
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Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Replied

In most states, unless the property is in a trust or something, the estate will have to be probated, with or without a will.

Tomorrow I would send a card and leave a note on the door of the house. If she called you a few days after the death, she obviously wants to deal with this now. Sometimes heirs who travel a long distance want to deal with everything in one shot (within a few days) so that they can leave town knowing that everything is in the hands of the right folks (lawyer, realtor, etc.). So she may have called you because she wants to deal with the funeral, house and other affairs of the estate right away and move on.

I would call tomorrow or Saturday.

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