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  1. #1
    Every day a winding road spinnaker's Avatar
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    Contacting children about a property of a deceased parent?

    I was out with my real estate agent the other day and we just happened to turn down this street to turn around. There it was. My dream home. Ranch home, TONS of privacy on a wooded lot, only a mile from where I currently live and the area where I want to stay.

    So I checked into ownership of the house figuring I would send them a letter. What is the worse that can happen?


    Turns out the home is in a trust. Mom died in 2008 and Dad died just last year in September.

    My question: Is it appropriate to contact the daughter (the trustee) about the house? Has enough time passed? I of course will express my sincere condolences. If folks think it is OK, anything else I might say? I was thinking that I will be sure to give it the love that both her parents put into the place, something like that.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

  2. #2
    aka Phil Jungels Wanderer's Avatar
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    Absolutely, it is OK to contact them about interest in a sale.................... they should appreciate it

    "Retirement is the best job I ever had!" Me, 2009


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  3. #3
    Crispy Member ahsposo's Avatar
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    An hour after dad passed, no.

    3 months, heck yes.
    Quote Originally Posted by toddles View Post
    If I gotta look up words, it's not worth my time.

  4. #4
    Every day a winding road spinnaker's Avatar
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    Letter goes out in the morning. I am guessing I will not be able to afford it. House is small but it comes with 1.2 acres. I am hoping the reason she has not sold yet is that she was subdividing. The back half of the property is on a different street. Subdividing could make a small home easier to sell.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

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  5. #5
    Super Moderator no1mad's Avatar
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    If she is subdividing, maybe snap up a parcel for yourself and build to suit?

    And why are you contacting the owner yourself? Or do you mean that your Realtor is contacting them on your behalf?
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  6. #6
    Every day a winding road spinnaker's Avatar
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    Quote Originally Posted by no1mad View Post
    If she is subdividing, maybe snap up a parcel for yourself and build to suit?

    And why are you contacting the owner yourself? Or do you mean that your Realtor is contacting them on your behalf?
    No I am contacting the owner myself via snail mail.


    I really don't want to build. It would take too long, expensive and full of pitfalls. Of course for as long as it is taking me to find a place, it might take me longer to find a place.


    And I am just hoping she was subdividing anyway. When you look at the parcel, it make make good sense to do so. Frontage on at least one other road and nice and flat. Flat is hard to find here.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

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  7. #7
    Fax Transport Specialist black_box's Avatar
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    That may be complicated with the trust, but it doesn't hurt to ask. Selling or parceling will depend on what she's able to do through the trust documents. Also, there may be restrictions on sale of the property and those might make the beneficiaries, the trustee, or excluded family members upset. You may want to hold off on expressing that you'd care for the property as the parents did to avoid getting in the middle of that until you get a better feel for things.

  8. #8
    Senior Member himespau's Avatar
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    Doesn't hurt to ask, but they might be debating one child buying the other out and moving in to the parent's home or using it as a family time shared vacation spot or many other things.
    Punctuation is important. It's the difference between "I helped my uncle, Jack, off a horse" and "I helped my uncle Jack off a horse"


  9. #9
    Every day a winding road spinnaker's Avatar
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    Quote Originally Posted by himespau View Post
    Doesn't hurt to ask, but they might be debating one child buying the other out and moving in to the parent's home or using it as a family time shared vacation spot or many other things.
    According to from what I see in the obits there is only one child.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

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  10. #10
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    there is a condo I want to buy. But the guy who owned it died im in same boat im not sure what to do

  11. #11
    Every day a winding road spinnaker's Avatar
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    Quote Originally Posted by windhchaser View Post
    there is a condo I want to buy. But the guy who owned it died im in same boat im not sure what to do
    How long has it been? A few days, months?
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

  12. #12
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    months

  13. #13
    Every day a winding road spinnaker's Avatar
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    Took a bicycle ride and I stopped by the house today for a closer look. Wow is it ever beautiful. That dark brick just how I like and it is a ranch too. All surrounded by trees. Lots of work in the fall but should save a ton in cooling costs in the summer.

    And wow the yard is huge! Both good and bad. I will be going from no yard work at all to that huge yard. Something to think about. Hopefully there is already a rider on the property. Yard is big enough to justify a rider. Again both good and bad. I would imagine a rider would extend the age at to which I can mow the lawn.

    Looks like she is starting to clean the place out. Lots of junk out front.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

  14. #14
    Every day a winding road spinnaker's Avatar
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    Quote Originally Posted by windhchaser View Post
    months
    I would say send a letter then. I am glad I did but need to wait to see what happens.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

  15. #15
    Every day a winding road spinnaker's Avatar
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    Well I just got an email from the owner of the house. She indeed really appreciated my letter. Is is looking to sell!

    She wants me to contact her mid July which is perfect for me as I will be bicycle touring around Lake Ontario the last week of June, first half week of July.
    At least I know it won't be sold while I am gone!

    Now if I can only afford it!
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

  16. #16
    Administrator CbadRider's Avatar
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    Quote Originally Posted by spinnaker View Post
    Well I just got an email from the owner of the house. She indeed really appreciated my letter. Is is looking to sell!

    She wants me to contact her mid July which is perfect for me as I will be bicycle touring around Lake Ontario the last week of June, first half week of July.
    At least I know it won't be sold while I am gone!

    Now if I can only afford it!
    Great news!
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  17. #17
    Senior Member himespau's Avatar
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    Huzzah. Now hopefully she has a realistic idea for what the house is worth and it matches what you're able to spend.
    Punctuation is important. It's the difference between "I helped my uncle, Jack, off a horse" and "I helped my uncle Jack off a horse"


  18. #18
    Living 'n Dying in -Time JBHoren's Avatar
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    The obituaries are a prime source for houses/condos/apartments, as well as vehicles, furniture, appliances, and all the rest. If the children are old enough, they've already got their furniture, vehicles, and appliances, and just want to sell the stuff. Often, they'll turn to an estate-management company to sell everything at once. Nevertheless, see if you can buy individual items directly from the heirs (one reason for them to do so is not having to pay the estate-management company's fees). In my life, I've found a number of apartment units through the obituaries... cars, too (their kids never want a Camry, lol). Just my 2-cents.

  19. #19
    You Know!? For Kids! jsharr's Avatar
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    Awesomesauce!!!! Fingers, toes and two of my tails crossed for you.
    Are you a registered member? Why not? Click here to register. It's free and only takes 27 seconds! Help out the forums, abide by our community guidelines.
    Quote Originally Posted by colorider View Post
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  20. #20
    Super Moderator no1mad's Avatar
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    Depending on her motivation, you'll either be looking at a premium price or could get lucky and get it for a song. Might want to confer with your real estate agent about realistic timelines and pricing for any future subdivisions.
    Quote Originally Posted by Cyril View Post
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  21. #21
    Every day a winding road spinnaker's Avatar
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    Quote Originally Posted by himespau View Post
    Huzzah. Now hopefully she has a realistic idea for what the house is worth and it matches what you're able to spend.

    With an emphasis on the last part! It has 1.8 acres. That is a lot of land in Robinson. It is pretty much the biggest yard in the area. I guess that could be an asset and a liability!

    The yard looks big enough to hold my own regulation football games. Well at least baseball anyway.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

  22. #22
    Every day a winding road spinnaker's Avatar
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    Quote Originally Posted by JBHoren View Post
    The obituaries are a prime source for houses/condos/apartments, as well as vehicles, furniture, appliances, and all the rest. If the children are old enough, they've already got their furniture, vehicles, and appliances, and just want to sell the stuff. Often, they'll turn to an estate-management company to sell everything at once. Nevertheless, see if you can buy individual items directly from the heirs (one reason for them to do so is not having to pay the estate-management company's fees). In my life, I've found a number of apartment units through the obituaries... cars, too (their kids never want a Camry, lol). Just my 2-cents.
    I already proposed that she sells direct to me.

    She is selling off things now about the only thing I might want would be ladders, riding mower etc.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

  23. #23
    Every day a winding road spinnaker's Avatar
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    Quote Originally Posted by no1mad View Post
    Depending on her motivation, you'll either be looking at a premium price or could get lucky and get it for a song. Might want to confer with your real estate agent about realistic timelines and pricing for any future subdivisions.
    Yeah premium price seems to be what I have been seeing in trusts. I made an offer on one place. He was asking $154K. The place needed EVERYTHING. Bathroom was a strange design like you see in motels with the vanity outside the bathroom and no door. I offered $140K figuring I would come up a bit. He said $150 and he pays for the wall anchor, $145K and I pay for it. So I am thinking "wall anchor, what wall anchor"? He never disclosed that! I was upset and did not budge on my offer. So what does he do? He installed the anchor then raised is price to $160K. Someone needs to tell the guy a wall anchor is not an asset! Turns out the place sold for $148K.

    I think people attach sentimental value to a house. And that means nothing to the buyer.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

  24. #24
    Administrator CbadRider's Avatar
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    Quote Originally Posted by spinnaker View Post
    I think people attach sentimental value to a house. And that means nothing to the buyer.
    This is true. You can always get an appraisal on a house to determine its actual value. Then the seller can't dispute it.
    Quote Originally Posted by toddles View Post
    So Tom only hires people that are nutty? Is part of the requirement to be a moderator on this site is that you have to be nuts??
    Forum Guidelines *click here*

  25. #25
    Every day a winding road spinnaker's Avatar
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    Quote Originally Posted by CbadRider View Post
    This is true. You can always get an appraisal on a house to determine its actual value. Then the seller can't dispute it.
    Sure they can.

    I decided I am not selling my place till I get $500,000,000.
    "The world is a dangerous place to live, not because of the people who are evil, but because of the people who don't do anything about it."

    Albert Einstein

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