Are you about to inherit a home in Southern California?
If You're Selling, We're Buying
Selling Your Inherited Property In Arcadia
What To Expect
1. Your State in Probate
You can only sell a home that’s in probate if
it is expressed in your relative’s will that you are the sole owner of the home. We just need to learn about where you are in the probate process, and if you own the home outright per the will – we’ll plan a walkthrough. Please contact us by filling in the
forms above and below you. If you want to speak to us sooner, give a call to (657) 206-0121.
2. The Cash Offer For Your Inherited Home
3. Get Paid For Your Inherited Home in Arcadia
If you think the offer we made on your inherited home was worth it for you, we will then begin the process of purchasing it. You’ll be able to get some additional money, and you won’t have to deal with maintaining the inherited home anymore.
The Process of Buying Your Inherited Home in Arcadia
1. Inspection to Offering
We just need to do a quick inspection, and within 48 hours, you'll get an offer on your inherited home. If you accept the offer, we will then send over a seller's document. If you have any questions or you need assistance filling out your seller's documents, call us and we'll be on our way.
2. Moving to Escrow
Once all the forms have been filled out and signed/returned, you should be expecting a call from escrow. Also, they may have some additional paperwork for you, but no worries - it's easy to fill.
3. Count Your Cash
Now is the time to count your money, when all the documents are signed/returned - your inherited house is now sold! You'll be getting your money via wire transfer or you can simply pick up a check.
See How Impressed These Southern Californians Were With Our Process!
“Thanks for taking this house off our hands!”
And we’ll happily buy your inherited Arcadia home as well. We’ve worked with many inheritors, and if they don’t want to spend the additional costs associated with selling their inherited home the traditional way - they work with us.
You don’t need to have any repairs or renovations done on your inherited home to sell it to us, all we need to do is have a simple walkthrough, and we can write you an offer in as little as 24 to 48 hours.
According to California law, as a personal representative, you must complete probate within one year from the date of appointment. However, if the personal representative files a federal estate tax on the property, you can have up to 18 months to complete probate.
If probate is still not completed by that time, the personal representative must file a status report to the court to explain what has happened, and how much time will be needed. If the personal representative has not reported to the court regarding probate, beneficiaries can then ask the court to order him/her to file an accounting or take other actions to close the probate.
Additionally, if there is a Will Contest (in which there is a claim with the court that all or part of the will is invalid) the process of probate can drag out and can take years to resolve.
The short answer is bureaucracy and the courts. It does take some time for a case to pass through the California court system and for it to be completed. Furthermore, assets aren’t actually distributed between the beneficiaries until the estate is closed, or when the court deems that the deceased person’s affairs are properly organized and handled.
If the individual who died did not have any property to transfer, then probate will not be necessary. However, the deceased person’s survivors may decide to open a probate if there are debts owed or if there is a set deadline needed to file claims for creditors.
If the individual who died did have property to transfer, then the probate process allows for the distribution of the estate’s property to the decedent’s heirs in a fair manner, or according to the Will of the deceased.
Yes, it can! However, the proceeds from the sale will be dispersed to cover probate costs and estate debts. Afterward, the probate court splits any remaining profits among the beneficiaries.
However, if you are the sole owner of the property as stated via the Will of the Deceased, you can sell the home immediately, and use the income generated to pay off the estate debts and probate costs, and you can pocket the rest of the money.