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Deductions & credits
Estate sales are usually somewhat distressed sales and rarely fetch top dollar or even the full appraised value. When real estate commissions are factored in and the sale follows shortly after the decedent passed, the transaction is very likely to generate a loss.
Everyone involved is anxious to get a signed sales contract and a quick closing.
‎January 4, 2025
6:03 PM
7,084 Views