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Estate Sales

Listing a property that is part of Estate requires extra considerations, sensitivity and protocol. Purchasing an Estate Sale also requires careful consideration, however, they also provide an excellent opportunity to Buyers, as the Executor and Beneficiaries are usually motivated to sell.

To see a list of Estate Sale properties currently for sale in the Metro Vancouver and Fraser Valley area, please click here.

Title Search

  • We need a title search to confirm the deceased it on the title. We need to confirm also if there are any joint tenants on title.
  • If there is no surviving joints tenants, the will needs to confirm who the executor is and the executor needs to apply to the Supreme Court of BC to obtain Grant of Probate. This will allow the executor to transmit the property title from the deceased’s name into the name of the estate. Once the property is in the name of the estate then the executor can transfer the property into one our more beneficiaries or liquidate the property through a sale.
  • It is important to note, the probate application process can take 3-6 months, and a sale or transfer of the property cannot take place until a Grant of Probate is obtained. However, the property can be put on the market for sale with a seller’s condition to obtain the Grant of Probate. The executor should consult an estate lawyer regarding the process.
  • If there is no will then the family member(s) need to apply to the Supreme Court of BC to obtain Letters of Administration, which will appoint the applicant as an administrator of the decreased. The process is similar to Probate in which it would take 3-6 months to obtain Letters of Administration. The administrator has no immediate legal authority, so the administrator should await the Letters of Administration before entering into any contracts.
  • When taking over as the executor, it is important to consider the following taxes: Empty Homes Tax, School Tax, Speculation Tax, Probate Tax

10885 143 Street, Surrey image
10885 143 Street, Surrey $1,500,000

Walk to Skytrain! Beautiful, prime 8420 sq. ft. 63.8' x 132' rectangular building lot in area of new homes. No easements. Excellent location! Build your dream home! Poten...

  • R2691425 MLS® #
Courtesy of Royal LePage Ben Gauer & Assoc

Listing courtesy of Royal LePage Ben Gauer & Assoc

10342 Caithcart Road, Richmond image
10342 Caithcart Road, Richmond $3,188,888

This mansion-like home built on a huge lot of almost 10,000 Sft. contains 7 Bedrooms and 7 Bathrooms with Mortgage helper! Centrally located in the elite area of West Cam...

  • 6 Beds
  • 7 Baths
  • R2687997 MLS® #
Courtesy of RE/MAX Dream Home Realty

Listing courtesy of RE/MAX Dream Home Realty

1450 Mccallum Road Unit 41, Abbotsford image
1450 Mccallum Road Unit 41, Abbotsford $599,900

Crown Point gated and secure - always in demand! One level living boasting 2 good sized bedrooms, 2 full baths, and a garage (not quite a double but larger than a single)...

  • 2 Beds
  • 2 Baths
  • R2685988 MLS® #
Courtesy of RE/MAX Little Oak Realty (Abbotsford)

Listing courtesy of RE/MAX Little Oak Realty (Abbotsford)

2451 Gladwin Road Unit 344, Abbotsford image
2451 Gladwin Road Unit 344, Abbotsford $484,900

Bright Top Floor Corner Unit located in The Oaks. Centennial Courts is in high demand because of its central location within walking distance of shops and services, the a...

  • 2 Beds
  • 2 Baths
  • R2685113 MLS® #
Courtesy of RE/MAX Little Oak Realty (Abbotsford)

Listing courtesy of RE/MAX Little Oak Realty (Abbotsford)

6007 W Greenside Drive, Surrey image
6007 W Greenside Drive, Surrey $629,900 ▼

Estate Sale Sold "As Is Where Is" Popular Greenside Estates is where you will find this partially updated 2 bdrm, 1 bath ranch style duplex unit. Conveniently located at ...

  • 2 Beds
  • 1 Baths
  • R2682094 MLS® #
Courtesy of Performance Power Play Realty

Listing courtesy of Performance Power Play Realty

Dewdney Trunk Road Unit LT.8, Mission image
Dewdney Trunk Road Unit LT.8, Mission $199,900 ▼

Estate Sale in Steelhead! Approx. 10,000 sq. ft. (agent's estimate although BC Assessment says 18,731 sq. ft.) triangular-shaped private building lot with 209' frontage....

  • R2679812 MLS® #
Courtesy of Royal LePage Ben Gauer & Assoc

Listing courtesy of Royal LePage Ben Gauer & Assoc

7111 Lynnwood Drive Unit 34, Richmond image
7111 Lynnwood Drive Unit 34, Richmond $825,000 ▼

Spacious, bright 3 level Townhouse in the sought after Laurelwood Complex - Quiet 2 bed, 2 bath up plus flex on lower entry level. Features incl private front entry, open...

  • 2 Beds
  • 2 Baths
  • R2679935 MLS® #
Courtesy of Sotheby's International Realty Canada

Listing courtesy of Sotheby's International Realty Canada

4700 Francis Road Unit 42, Richmond image
4700 Francis Road Unit 42, Richmond $859,900

ESTATE SALE. AS IS--WHERE IS! EASY TO SHOW! PRICED TO SELL!!! Unit needs some updating. Parksville Estates in quiet desirable West Richmonnd Boyd Park area. End unit wit...

  • 3 Beds
  • 2 Baths
  • R2672806 MLS® #
Courtesy of Royal Pacific Riverside Realty Ltd.

Listing courtesy of Royal Pacific Riverside Realty Ltd.

19435 Park Road, Pitt Meadows image
19435 Park Road, Pitt Meadows $1,388,000

ESTATE SALE. Attention INVESTORS/BUILDERS. Rancher on a 9372 sq ft lot. Build your own custom dream home. The City will allow to built a Garden Suite. It has a potential ...

  • 3 Beds
  • 1 Baths
  • R2672083 MLS® #
Courtesy of RE/MAX LIFESTYLES REALTY

Listing courtesy of RE/MAX LIFESTYLES REALTY

1943 Prairie Avenue, Port Coquitlam image
1943 Prairie Avenue, Port Coquitlam $2,000,000

Calling all builders, 2 legal lots 33x122 with lane access. House of no value, land only, estate sale.

  • R2671641 MLS® #
Courtesy of RE/MAX Sabre Realty Group

Listing courtesy of RE/MAX Sabre Realty Group

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

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Kelly Raabe Personal Real Estate Corporation
Sotheby's International Realty Canada
858 Beatty St Suite 210, Vancouver, BC V6B 1C1

 

C:604-669-6847

O:604.632.3300
kellyraabe@sothebysrealty.ca

   

 

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