The role of conservator comes with it’s own unique set of complexities and challenges. The conservator typically needs court approval to proceed with the sale or leasing of property. The court assesses whether the sale aligns with the conservatee’s financial well-being, often necessitating professional property appraisals and adherence to specific marketing and sale procedures.
Having a real estate agent who is proficient and experienced at going through this process is critical to achieving the best outcome for all parties. Give Joe a call to discuss your unique situation and what your options are.
Top 7 challenges people face with sales under conservatorship
1
Navigating Legal Requirements Understanding complex conservatorship laws and ensuring compliance with all court mandates.
2
Property Valuation Challenges Accurately assessing the property’s value in the conservatorship context, often requiring specialized appraisals.
3
Managing Required Court Approvals Navigating the time-consuming process of obtaining necessary court approvals for every step of the sale.
4
Dealing with Family Dynamics Handling potential disputes or emotional challenges among family members or interested parties involved in the conservatorship.
5
Finding Qualified Buyers Identifying buyers who understand and are willing to engage in the conservatorship sale process, which can be more complex than standard real estate transactions.
6
Resolving Heir Disputes Navigating conflicts among heirs or beneficiaries, which can complicate or delay the sale process.
7
Finding Qualified Buyers Locating buyers who are knowledgeable about and interested in purchasing probate properties, a niche market.
Get your
FreeConservatorship Sale Evaluation
Joe and his team will explain your options for selling properties you have that are going through the conservatorship process.