Deciding How Thoroughly to Inspect the Property
The Colorado Real Estate Commission-approved forms used to sell a home usually call for the seller to make extensive disclosures about the state of the property to the buyer through the use of a Seller’s Property Disclosure Form (“SPD”). Most people assume, incorrectly, that filling out a SPD form is mandatory for the seller. It is not.
Get Help with the Documents Needed for Closing
To close a sale of probate property, you need a specific type of deed, called a Personal Representative’s deed.
Maintain Insurance and Utilities, and Pay Taxes on the Property
One of the most important things to remember when someone dies is to maintain insurance coverage and utility service to the decedent’s house. It also is important to pay the property taxes on the house during probate.
Stay Current on the Decedent’s Mortgage
Selling property through probate can be complicated. The last thing you want is to add another level of complexity by allowing the home to fall into foreclosure before it is sold.