The role of an estate administrator can be a complex and emotionally in dealing with difficult task, especially when it involves dealing with personal asset like a home. To assist with this challenge, we have developed the GRG Probate Estate Program. The Probate Estate Program is a step-by-step home buying experience that will carefully guide you through a home sale transaction tailored to the specific needs of the estate and its heirs. From your first meeting to the moment keys are handed off, your experience will be one that is custom designed to understand the estate objectives and produce a specific outcome as decided by you and your advisors. You define the terms, you decide on the timing, and you dictate the outcome. We will collect this information and develop a series of alternatives that produces this outcome via our multi-step program.
Yet as formal as this process may sound, the Probate Estate Program is intended to deliver simplicity, certainty, and professionalism at every turn. Each step along the way will be clearly defined so as to keep you informed and in control of the transaction from start to finish. We want you to feel that you’re not only getting a fair offer for the home but that you’re also being treated fairly and aware of where you’re at in the transaction each step of the way. In addition, we can work directly with your attorney or other advisors to make sure everyone involved has the ability to review the offer and get their questions answered. GRG makes selling simple and the Probate Estate Program is the tool that delivers on this promise.
As you can tell, we believe in a collaborative experience where the property owner is involved and aware of every detail along the way. Therefore, the best way to start this process is describing the framework of what you will be experiencing in the Probate Estate Program. The following four steps are the basic roadmap and an explanation of what they’re all about. While each one has a number of additional action items and milestones that must be met, those detailed discussions are best saved for when we have a clear understanding of your specific needs. So, let’s start with a general overview:
Step One, The Property Profile
This initial step is all about sharing and gathering information. It is a true “exchange” of information between buyer and seller. We want you to be as informed about our organization as we are about your specific investment situation. However, the information gathering continues during an initial phone call and all the way through our initial visit to your property to assess its potential. Once we’ve collected the information we need, we are ready to move on to The Crafted Deal.
Step Two, Craft the Deal
understand your objectives, we will develop a series of alternatives and then execute a specific plan that you select. As detailed above, we involve you in the transaction from start to finish and let you dictate the timing, the terms, and the outcome. Whether it’s cash, terms, or a sophisticated blend of the two with a timed rollout of funds, we will work with you to accomplish whatever investment objectives you may have. Also keep in mind that the specifics of our agreement are kept completely confidential and private. Once the terms and details are finalized, we move on to Implementation.
Step Three, The Implementation
This stage is all about managing the details and ensuring your specific needs are addressed completely. Once the contract is finalized, we launch our team of closing professionals to work on flawlessly executing your specific plan. Even though there is a substantial amount of “behind-the-scenes” work occurring, we make sure you are informed of the progress and kept abreast when we need your signatures and assistance. Our program ensures there is never a surprise, never a hiccup along the way, and never a missed commitment. This stage is all about making good on our promise, “We Make Selling Simple”. Finally, once all the pieces are in place, we move swiftly to The Closing.
Step Four, The Closing
This final stage is the culmination of our transaction and the graceful transition of ownership. The paperwork is prepared and ready for you to sign. Outstanding loans, liens, and taxes on the home are resolved. Tenants are notified and leases are modified, if necessary. Utilities are transferred