Selling My Parents House: Part 3
Last month, my sister and I finally sold our parents house. Our late mother’s will has now been fully administered, all funds have been distributed and I finally signed off the “executor’s approval” document and returned it to the solicitors. A line has finally been drawn under a process that has taken about 15 months. Dealing with an estate (in the legal sense of the word) and selling a family home is not something that you do everyday. It’s usually something that comes up maybe once or twice in your life. Few people (myself included) are fully prepared for such an undertaking when it occurs. Hence I have some observations to share about my experience of dealing with the esoteric world of estate agents and solicitors.
Selling My Parents House: Part 2
I wasn’t planning on writing a second post about the sale of my late parents’ home but the entire process has been so different from what I expected, I thought there may be some interest in exploring some of the aspects that have come up. The last time I had any dealings in buying and selling property was back in 2003 when Mrs P and I moved from one home to another, to gain more space. It was at a time when the UK economy was booming, and the banks were taking a “relaxed attitude” (some would say cavalier) toward mortgages. The flat that we were selling found buyers very quickly, who offered the full price. Mrs P and I similarly found a bungalow that we liked, and it didn’t take long to secure its purchase. Due to the chain involved it took 8 months to move but the paperwork was handled efficiently, and I don’t recall the bureaucracy being excessively complex. Perhaps due to the busy nature of our lives, I didn’t notice. Plus, memory can be deceptive.
Selling My Parents House
Last August my mother died at the age of 91. Since last September, her will has slowly been processed by our family solicitors. To cut a long story short we received the Grant of Probate in March this year. Three months on and my sister and I have finally put the family home up for sale. My sister still resides at the property and has done so all her life. Hence not only are we looking to sell our parents house but also find my sister a flat or maisonette. Both of us agreed when we embarked upon this process not to rush and to let things run at their own pace. The last few years of caring for our parents was a very difficult and exhausting experience. Hence, both of us have taken some time out to rest, recuperate and take stock of our lives. My sister has recently retired and it was important to get that matter resolved first, before addressing the sale of the family home.