💼 Navigating a Home Sale After a Loved One’s Passing

Losing a loved one is never easy and when you’re faced with the responsibility of selling their home, the process can feel overwhelming. The good news? You don’t have to handle it alone. The LJ Realty Team is here to help you move forward with confidence, compassion, and clarity every step of the way.

Here’s a streamlined guide to help you understand how to sell a property through an estate:

1️⃣ Determine Ownership Type

Start by reviewing how the property is titled is it in the sole name of the deceased, jointly owned, or held in a trust? This step helps identify who has the legal right to sell.

2️⃣ File for Estate Administration

Next, file for estate administration with the Surrogate’s Court to officially appoint an estate administrator or executor who can act on behalf of the estate.

3️⃣ Inventory Estate Assets

Compile a list of all assets, including the home, bank accounts, and personal property. Address any outstanding debts, liens, or taxes tied to the estate.

4️⃣ Obtain Legal Authority to Sell

Clear the property’s title or obtain the necessary letters of administration or letters testamentary to legally authorize the sale.

5️⃣ Heirs Agree on Sale Strategy

It’s important for all heirs or beneficiaries to align on the home’s listing price, choice of agent, and how the proceeds will be divided.

6️⃣ Prepare the Home for Market

Complete any required disclosures, inspections, or repairs to make the property market-ready and ensure a smooth sale.

7️⃣ List, Market & Negotiate Offers

Once the home hits the market, your Realtor will handle all marketing, showings, and negotiations to achieve the best possible price.

8️⃣ Close & Distribute Proceeds

After closing, the net sale proceeds are distributed to heirs once all costs, taxes, and legal obligations are met. This final step officially settles the estate.

Selling an inherited property is a process that requires patience and precision but with LJ Realty Team, you’ll have expert guidance to make it seamless. Let us take care of the details so you can focus on what truly matters: moving forward. 🌿

📞 Call us today: (516) 218-1261

📍 Visit us: 127-03 Rockaway Blvd, South Ozone Park, NY 11420

LJ Realty Team | Buy • Sell • Rent

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