The Dunn family sold a trust-owned Escondido home after 13 years as a rental. MYCAHS assigned the purchase contract to another buyer.
A family handling a trust sale from outside California
The Dunn family's property at 2034 Lee Dr in Escondido had been a rental for 13 years. After the owner passed away, her granddaughter handled the trust and the sale. All of the family lived outside California, so this was a local property matter being managed by a family based elsewhere.
Their situation brought together several practical considerations: a trust-owned home, a rental property's history and extensive deferred maintenance. Those details are important when discussing a sale because the ownership situation and the property's condition both need to be understood.
Deferred maintenance was part of the property's situation
The home had extensive deferred maintenance. At the same time, the family was handling the sale from outside California rather than living near the property. The property's condition and the family's location were both important parts of this trust sale.
For an out-of-state family, discussing condition and timing together can be a useful starting point. A clear description of the home, available photographs and information about occupancy can help organize that conversation without assuming the family has already chosen how to sell.
A cash offer to the trust, with the contract assigned to another buyer
This transaction involved a cash offer to the trust. MYCAHS's role was an assignment: MYCAHS assigned its purchase contract to another buyer rather than purchasing the property itself. The buyer was a separate party.
The arrangement connected the trust's sale with another buyer through that assignment. Describing the parties clearly helps a family understand who is involved, especially when the people handling the property live outside California.
The completed sale
The sale closed with another buyer through the assignment arrangement. The home, which had served as a rental for 13 years, was sold from the trust with the granddaughter handling the sale and the family living outside California. MYCAHS's involvement was the contract assignment, not a direct purchase of the property.
What this case illustrates for an out-of-state family
Selling a trust-owned rental in Escondido can involve more than deciding on a price. The person handling the sale needs a clear picture of the property, the ownership situation and the parties involved. For the Dunn family, the property's rental history, deferred maintenance and out-of-state family all formed part of the situation.
If your family is in a similar position, start with the property address, what you know about maintenance needs, current occupancy and your priorities for the sale. Clarifying who would purchase the property—and whether an assignment is involved—can also help you understand the arrangement being discussed. You do not need to have chosen a sale route before asking questions.