Inherited Home in Southern California in bad condition?
Let us take it off your hands.
How To Sell Your Inherited Property in Arroyo Grande
1. Understanding Where You Are In Probate
You can only sell an inherited home that’s in probate – if your relative’s will says that you are the sole owner of the property. Probate is never a quick process, that’s why we need to understand what point you are currently in. If the will states that you are the sole owner of the property, we can start working for you. Information on the home and on your situation can be sent to us by filling out the forms above or below this sentence. Call (657) 206-0121 if you would like
to get to know us sooner.
2. Your Inherited Home's Cash Offer
3. Money For Your Inherited Home in Arroyo Grande
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. From the sale of your inherited property to us, you’ll be getting some nice cash and the relief of getting the estate sold.
How Do We Buy Your Inherited Home in Arroyo Grande
1. Walkthrough to Pay Out
All we need to do is have a walkthrough of your inherited home, and then we craft you an offer within 48 hours. If you accept the offer, we will then send over a seller's document. If you have any questions or need help filling it out, call or text us.
2. Forward to Escrow!
Once all the forms have been filled out and signed/returned, you should be expecting a call from escrow. Our escrow company may have some additional documents for you to sign, but if they don't - you're at the final stretch.
3. Get Your Cash In Hand
When everything has been filled and returned, your inherited home is now sold! Congrats! The money from the inherited home will be sent to you by check or wire transfer.
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 Arroyo Grande 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.
How Long Does Probate Take?
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.
Why Does Probate Take So Long?
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.
Is Probate Necessary?
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.
Can A House Be Sold While In Probate?
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.