You might have inherited a house from a distant grandmother whom you knew nothing about. You were glad and you feel lucky. However, there’s one problem. The house is located in the middle of a forest and it’s simply too far from where you are working. The good news is that we have the perfect solution for you.
The good news is that you can sell your house for cash right away. You don’t need to look for realtors who are in the business of listing your house and waiting for forever just to get one prospective buyer. If you want to have a fast transaction, then you just have to sell for cash. That means that there’s no need for cleaning, patching, renovating, and spending other unnecessary expenses on your part.
You don’t need the extra headache that comes with proving that your distant grandmother’s will is valid and the house is really yours. There’s simply no point if you are planning to sell it and if you don’t have any use for it. The good news is that we can provide attorneys that specialize in probate for your convenience. We are the ones who will process all the paperwork and legal fees so that you can have the peace of mind that you are looking for.
We have years of experience in the field of real estate. That means that you are in good hands. You don’t have to go through the headache of getting a lawyer just to sell your inherited estate. We have a lot of real estate properties that underwent probate in the past so rest assured that we know exactly what to do. If there is no will, our paralegals can go ahead and still make sure that the purchase goes through. The good news is that we can even give you the cash that you need before the probate process is completed. That’s how confident we are in handling probate transactions.
If you are still new to the world of real estate or you simply do not have any interests with probates, then this is where we can help you. You don’t want to inconvenience yourself with unfamiliar words such as trustee, executors, interstate, beneficiaries, bequests, administration, personal representative, rights to supervisorship, assets, revocable trusts, common tenants, and power of attorneys. If you are bombarded with these, simply give us a call. You won’t even have to pay any commissions for realtors as well as fees for probate escrows because we will handle everything for you.
There are also FAQs such as what happens when there’s no will in probate, what happens to the sales proceeds if the probate is not yet complete, how to expedite the process of summary administration probate, and a lot more. If you want to ask questions about all of these, don’t worry. We are here to help you out. Give us a call today.
In case you want to sell a property that you have inherited, please give a call in order to receive ‘all-cash offers'. We aren’t seeking a listing as realtors. Rather, we happen to be direct house buyers, who close fast and pay cash for your home located in probate. At the same time, you won’t be required to clean, paint, or make any sort of repairs in order to sell the house in probate to us. Also, we may even purchase your house before probate.
Usually, probate is a highly lengthy and costly process. This is especially true in case you don’t carry experience in this field. In case there is no attorney to help you out, we can certainly take your case and handle all of your headache and paperwork for the process. At the same time, we will hire a reliable probate attorney for you for handling all the legal processes that are involved. This way, you will save plenty of money and also have enough mental peace. As a result of this, you will be able to sell your home faster.
Probate refers to process of property transfer based a will’s terms at death pursuant. This is how probate can be defined officially. In simpler words, we can say that probate is the settling of an estate involving a sale of properties after the death of a person.
As experienced investors in the real estate industry, we have bought a range of properties that undergo the probate process. We may also purchase the property prior to the completion of the probate process. At the same time, our attorney may also handle the process of probate and purchase the home without a will.
In case you are someone who is new to the probate process, you may need to be familiar with some words that includes interstate, power of attorney, revocable trusts, personal representative, assets, bequests, expenses, debts, executor, bequests, distribution of property, rights of survivorship with joint tenants, trustee, tenants in common, and a lot more. In case you do not have any idea of these terms, you do not have to worry at all. Simply give us a call, in case you have any questions.
Do note that we are neither estate planners nor attorneys. However, we do have the expertise required to purchase your house in probate quickly for money. Hence, you will not have to pay any realtor commissions for probate or any sort of escrow fees.
Frequently asked questions about probate:
Since we have purchased a range of properties that have gone through a probate process, we have plenty of highly useful information that can help you in selling your property quickly. As a result of this, your probate process will go on much faster.
Below, we have listed down a number of questions that we receive very frequently. In case you do not find your question below, do not hesitate call us. We will happily help you out in any way possible.
Again, do remember that we aren't attorneys. So, in case you need some reliable legal advice, consider consulting an attorney. Hopefully, this will help you out.
Is it possible to sell the assets before finalization of probate?
Formal Administration: After the appointment of the PR, they carry the authority for selling. However, the signature of a judge will be required for authorization. Usually, this process takes about three to six weeks. Most of the attorneys will not carry this process out unless it is requested by a client specifically. So, in case this applies to you, ensure that you have talked about such options with your attorney.
Summary Administration: It is not possible to sell the asset before finishing the probate. This is because the PR factor lacks. Usually, it takes about three to four weeks in Summary administration. Sometimes, however, it takes longer than that (even more than two months).
Is it possible for attorneys to expedite the process of Probate?
Yes. The process can be expedited with ex-parte (which means that attorneys are physically present affront the judge). It’s quite common for Probate Attorneys to file paperwork in a mail or electronically. With clerks, the files may sit for a significant time period. On the other hand, in case an ex-parte is scheduled, all files go to the assistant of the judge which then expedites the overall process.
In case the property gets sold before the Probate, what becomes of the proceedings of a sale
In case a notice is already filed to the creditors and a time period of 90 days has been passed, the PR or heirs can then receive the money directly. In case the time period of 90 days has not yet passed, then an account restricted by the court will be required to hold the funds. As an alternative, a petitioning attorney account can be used. After a period of 90 days, the time period is over, the funds can get disbursed to heirs
Is there a role of a will in Probate?
Summary Administration: Even in case a will is present, it will pass through the entire process and the signature of a judge on the order of Summary administration will still be required.
Formal Administration: It is possible to sell right away without a court order soon after the appointment of a PR in Broward country, in case a Will exists. PR still requires a court order authorized by the judge will still be required in Miami-Dade County.
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A majority of the people inheriting an ancestral property usually fail to put enough effort into it. The general options which come to their minds are to stop renting out a house and shift to the inherited home, or else sell it off at a good price. It doesn't matter what you will be doing when you inherit property but the most essential thing is to make yourself ready to deal with it.
The first and the foremost thing you need to make sure is that you are legally inheriting it and it is not just verbally communicated to you. Sometimes it may happen that your ancestors may have told you that the property would be yours, but unless this is in pen and paper, you can't be its legal owner.
If there have been circumstances such as a number of heirs, more than one marriages and a property associated with ancestors several generations back, then legal guidance has to be sought to get the issue resolved. Thus you can be entitled to a certain percentage of the whole property when a number of heirs are involved.
Suppose after consulting the legal advisor and getting things sorted out, you become the inherited property's major owner, then you have to maintain the part which is yours. People generally try to sell off the property when they inherit the whole property.
In order to ensure protection from liabilities, an insurance policy is needed. Other things such as maintaining the utilities, making payment for the property taxes and other such things play a vital role when you opt to sell the house. A well-maintained house can be sold quickly. The main purpose which insurance will solve is to protect you in case a natural calamity that causes destruction to the house, or when any potential buyer is injured while visiting the property
In case you want to sell off your house, there are two options available to you, each having their own benefits. The first one is to sell to an investor and the second option is to sell it in open market. In case of an open market, it may be the first home for a buyer who may look after it just like you and your ancestors did. If you sell it to an investor, you need to make some expenses and make sure that the cash infusion is done conveniently and the sale is closed in the least possible duration. Since the investors are already experienced in such matters, you can be sure to avoid any kind of delays.
A detailed plan before selling a house makes things easier for you. Some important things have to be looked into while selling your ancestral property, such as any cases of illegal deeds, missing heirs who need to be tracked down, unknown liens etc. Some simple errors in public records like misspelt names can cause you a lot of trouble. A good lawyer is needed to make things hassle free as you may not have necessarily dealt with such matters and lawyers earlier.