Real Estate

PrinceÕ heirs prepare to sell valuable real estate holdings

Won’t be a fire sale

Prince’s valuable real estate holdings could be hitting the market soon, pending a judge’s approval, according to an article by TMZ.

The special administrator of the estate is preparing to sell off properties after Prince’s passing in April.

While there could be several houses for sale, it’s clear it won’t be a fire sale, according to the article. In fact, the estate says it will only accept offers of at least 90% of the fair market value of the properties.

From the article:

It's unclear exactly which of his properties will be for sale — the court has sealed that part of the request — but Prince is known to have real estate in Minnesota, Beverly Hills, New York and possibly more. His Minnesota holdings alone have been estimated at nearly $30 mil.

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