Help-How to sell mums house now she has passed away

googler

Ah, gotcha.

I can't imagine they get many, so yes - a nice little earner for them, especially when there's only two insurance companies who'll underwrite them - giving them, as someone put it, a de facto monopoly (or duopoly) over the market, and removing any element of choice for the consumer.

wee_den

googler wrote: »

OP, back to the title of the thread - HOW to sell the house.

Hire a solicitor or estate agent. Whilst some will require upfront monies as a marketing fee and for the Home Report, some offer deferred payment schemes whereby these can be deferred until time of sale. The majority of EA/solicitor fees are deducted from the proceeds of sale, so you won't need to find these from your own pocket.

However, at the moment nobody can sell the house because there isn't an executor-dative. You'll need a solicitor for this, and you may want to consider hiring a multi-discipline solicitor so that executry and house sale can be carried out under one roof. Again, fees for the executry work can be deducted once the assets of the estate are realised, gathered in and distributed.

Call in the local pet rescue to take your sister's dogs/cats in before you turf her out.....

This is definately the route I favour, find a one stop shop that does the lot!!! also I could even offer an extra 0.5% of the sale price as a bonus of sorts for them deferring payment, do you think this would be an attractive offer?

GDB2222

wee_den wrote: »

This is definately the route I favour, find a one stop shop that does the lot!!! also I could even offer an extra 0.5% of the sale price as a bonus of sorts for them deferring payment, do you think this would be an attractive offer?

The issue you may face is that you can't contract with them to sell the house until you are appointed executor-dative. You might possibly persuade them to wait for their own fees for that part of the job until the house is sold, but you there will be out of pocket expenses (such as the bond and court fees) which I'd expect them to want up-front.

Like I said before, tell your siblings to stop spending all their money at the weekends, and start collecting some cash in. Even if you are being a mother-figure for them, they shouldn't expect you to pay for everything.

wee_den

GDB2222 wrote: »

The issue you may face is that you can't contract with them to sell the house until you are appointed executor-dative. You might possibly persuade them to wait for their own fees for that part of the job until the house is sold, but you there will be out of pocket expenses (such as the bond and court fees) which I'd expect them to want up-front.

Like I said before, tell your siblings to stop spending all their money at the weekends, and start collecting some cash in. Even if you are being a mother-figure for them, they shouldn't expect you to pay for everything.

I know, need to be tough, this is why Im in this dilema, thanks for all your advice and patience with me :T

googler

wee_den wrote: »

This is definately the route I favour, find a one stop shop that does the lot!!! also I could even offer an extra 0.5% of the sale price as a bonus of sorts for them deferring payment, do you think this would be an attractive offer?

You shouldn't need to. They should provide YOU with an estimate of their charges, which you accept or decline.

There shouldn't be any problem instructing a solicitor to do both the Exec-Dative petition AND the house sale at the same time, to be handled within the same firm; I think it'll be taken as read that the sale of the house can't commence until the Exec-Dative has been granted by the court.

GDB2222

wee_den wrote: »

I know, need to be tough, this is why Im in this dilema, thanks for all your advice and patience with me :T

Tough, tough, tough! Handbag them - like here: http://www.youtube.com/watch?v=r8FVAHuQvjc