Green Group Realty is your Trust and Probate Real Estate Expert in Florida. We pride ourselves on collaborating effectively with administrators, executors, trustees, conservators, beneficiaries, title companies, and legal teams, aiming to consistently deliver the best outcomes for our clients in the trust and probate real estate sectors.
Typically avoid court involvement, following the trust’s directives. They are usually faster and often yield higher profits. Partial asset disbursements may be possible.
Require court oversight and approval, which can delay the process and reduce profits unless managed by experts. Court approval and compliance with legal procedures are mandatory.
We will assess the property’s fair market value. This is critical for court approval and to ensure compliance with IRS and estate requirements, such as the “date of death” valuation or an alternate valuation date.
We list and market the property and ensure buyers understand the process, potential delays, and any limitations (e.g., selling “as-is” due to estate constraints). Florida law requires brokers to disclose material facts about the property, including its probate status.
We coordinate with the title company, attorneys, and other parties to ensure a smooth closing. We will assist to resolve any title issues, such as liens or heir disputes, which are common in probate sales.
Probate sales often involve strict timelines, such as creditor claim periods (90 days from the first publication of notice to creditors under Florida Statute 733.702). We ensure the sale aligns with these deadlines to avoid complications.
A trust is a legal entity created by a grantor/settlor to protect and manage assets, with real estate often being the most valuable.
Trust sales resemble standard real estate transactions but require specialized knowledge of trust directives, approvals, extended timelines involving grantors, trustees, and beneficiaries, and often additional documentation and limitations.
The ultimate decision to sell with a specialized real estate agent familiar with the trust and probate real estate sectors in Florida is one that should be heavily weighted, regardless of whether the sale of the real property happens during probate with court involvement, or involves a trust during the grantor’s life or after the grantor has passed and in the hands of the trustee. A probate or trust real estate sale is more intricate than a regular market sale. In these cases, it would be most beneficial to use a real estate broker with local real estate market knowledge and the capacity to handle such cases.
Expertise in residential, commercial, and investment properties. Dedicated to closing complex deals and exceeding client expectations.