Get a Realistic Opinion of the Market
As the personal representative, you have a fiduciary duty to get the best possible price and terms for the house to benefit the estate’s beneficiaries and creditors. To do this, you must not only know what the value of the house is, you must know the current state of the market.
Get a Realistic Value of the Property
Many people who die are old. Let’s face it—old people often take good care of their property but don’t always update it.