I have a new listing coming on the market in East Palo Alto that is being sold through Probate. The seller has passed and the home must be sold to settle the estate. Like many homes in probate, this East Palo Alto Probate is filled with personal belongings that need to be disposed. The owners are at a loss, so they hired me, because I specialize in dealing with selling San Mateo County homes in probate and can help them deal with the mounds of personal property.
The Personal Representative of the estate is one of the sons of the deceased. In addition to the home being filled there were also two automobiles, and 2 large mobile bar-b-ques that his father used for his catering business.
The first thing I did was call an auction house DGW who sent someone to look at the home and contents to see if any of the contents were saleable. The Personal Representative had already given the court an estimate of the value of the personal property and his attorney said it was ok to go ahead and sell anything of value so that the money could be distributed amongst the heirs when the estate is settled.
The rep fro DGW said there was some value in the estate and suggested we call the office to set an appointment for pick up. This auction house will pick up the items they think they can sell and take them to auction. We had the pickers come to the house and remove those items which they thought they could sell. It was only a small portion of what there actually is. They said furniture, especially upholstered furniture has no market and they only took the cars, the stetson hats, some tools, sewing machines, and some very nice boots.
When they left the house was still packed.
So then what?
Well, the next step is the other son is inviting the family to come and take what they want. This is ok, because they can prove the remaining items have no monetary value. they could not do it before the appraiser from DGW came and said everything left is not saleable.
I will go there after the family has taken what they want and access the situation.
This East Palo Alto Probate is to be continued.
If you have any questions about trust or probate sales in San Mateo or Santa Clara Counties please feel free to contact me.
Marcy Moyer
marcy@marcymoyer.com
650-619-9295
D.R.E. 01191194
Comments(2)