Estate Related News & Articles
Everyone agrees, half of the half of the estate sales are organized when homeowners decide to downsize or liquidate their home, the remaining half are arranged when somebody passes away.
Because these sales are aimed at selling off large portions of household items quickly, you can safely expect items’ prices to be much lower than what you find at retail stores, antique shops and even on eBay.
Liquidating an entire estate is not easy, but you’ve got choices. Do it yourself garage sale, Estate sales, or auctions. What we will focus on is what brings you the best liquidation value. There’s always other choices such as estate buy-outs where someone buys everything from you at once for the purpose of resale, or you can simply donate.
Most will relate an estate sale to someone passing on, that’s often incorrect. The estate sale definition is the process of liquidating assets. On many occasions it is referred to as a trustee sale, probate sale, tag sale or liquidation sale.
Reasons For Liquidation
Besides the loss of a family member, here are the most common reasons for holding a sale
Finding happiness with less clutter is easy if you downsize. Downsizing involves both real property and personal property. With the help of professionals, rightsizing or downsizing your estate can be achieved while still realizing the most value.
Here are a few reasons why we downsize:
Reaching retirement age and moving to a smaller home