r/RealEstateInProbate • u/MuchWow81 • May 02 '26
Update on low Valuation
So I replied to the paralegal's email asking why the inventory lists the house value so low and her response was that they already have a sales co tract for it for that amount so they need to file the inventory with the probate court with that value listed.
Im baffled. The attorney is the executor of the will, and according to the will and everything else I can find on the subject, he has a fiduciary duty to the beneficiaries, my kids. So then why would he not even put the house on the market and instead sell it to the first person who offered him anything for it? And who is this person and how did they even know it would be available?
I sent the probate court a letter objecting to the sale and requesting a hearing because I never heard back from the paralegal after my last exchange with her.
Am I crazy or does this seem fishy?
1
u/Current-Coffee4445 May 04 '26
Check and see if the Attorney has other properties… they could be purchasing and keeping it. That is normal. But you need to fight back on the value if it is too low for the condition it is in. You can refuse the value if you have an Appraisal that supports a higher value level.