Wednesday, 18 January 2017

Marietta GA Estate Liquidators Turn Property Into Cash

Posted by Unknown at 14:10
By Brian Fox


When an individual passes away, heirs sometimes have a lot of decisions to make. If the loved one has made a will that is specific about how assets should be distributed, it is easier for everyone to know how to proceed. Sometimes the deceased individual leaves it up to the survivors to decide whether or not to keep or liquidate property. In Marietta, Georgia it is often a good idea to bring in Marietta GA estate liquidators to coordinate the sales.

A lot of times relatives do not live in the area of the deceased and have no interest in keeping the family home, farm, or business for themselves. Once the items that the loved one has willed to specific individuals have been handled, the heirs will have to decide what to do with everything that is left.

When there is real estate involved many family members prefer to list the assets with a professional instead of trying to sell the property themselves. Most real estate Brokers are accustomed to such sales and know who the best potential buyers will be. They can advertise the real estate, add it to a multiple listing service, show it to prospective buyers and handle the closing for the heirs.

Many times people leave personal things of value behind that their loved ones cannot use and prefer to sell. A professional liquidator can be brought in to make suggestions about divesting personal property assets. This person will have the experience to know whether or not any items in question should be appraised and will help the heirs set values on the others.

Sometimes it makes the most sense to leave the personal property in place in the family home and offer it for sale there. Many items may bring more money in this kind of setting than they would in a shop. If there is a business to be liquidated, the equipment and merchandise could be advertised at a discounted price and sold over a period of weeks.

Items of special value or interest might be taken to an antique store or art gallery where they can be properly displayed. Dealers know how to negotiate prices with potential purchasers because they fully understand the value of the object. Once sold, the dealer keeps a fee earned from the sale and sends the remaining proceeds to an agreed upon contact.

Auction companies routinely liquidate estates, and this may be a good idea for survivors who live outside the area where most of the assets are held. These professionals can work with the heirs to decide whether items will be offered with a reserve price or absolute, selling to the highest bidder regardless of the high bid.

The passing of a loved one is usually a stressful time for those left behind. Having someone come in and help with the disposal of family possessions often makes the process easier for all the parties concerned.




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