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Advised not tp market house till Probate granted
Comments
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An executor can go as far as exchange of contract which can secure a sale.
needs a few extra clauses and long stops in case the grant is a problem.
Also solicitors don't like it so most people wait.0 -
We were advised to market once probate had been applied for , but that exchange cannot happen until the grant issued.0
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Council tax kicks in 6 months after the Grant is issued (assuming the property isn't occupied), & property insurance criteria had to be met. I think we were fortunate not to be stuck in buying/selling 'chains', everything moving relatively quickly with no chain to collapse!
We got very comfortably within our asking price range all 3 times.Seen it all, done it all, can't remember most of it.0 -
Exchange can happen if there is an executor as their powers come from the will.We were advised to market once probate had been applied for , but that exchange cannot happen until the grant issued.
Can't complete without a grant.
Anyone can create contracts to sell something, the issue is if later you can't that's why solicitors don't recommend it in case there is a problem with the grant.
Builders do this all the time they promise to build a property.
Probate is similar the contract is a promise to sell you the property.0
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