Are you inheriting a home in Southern California?
If You're Selling, We're Buying
How To Sell Your Inherited Property in Culver City
1. Your State in Probate
If you are expressly the sole owner of the property, you can sell your inherited home. Once we understand where you are in probate, and if the home is solely yours, we can begin working with you. 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 Culver City
We’ll do a walkthrough, then compile an offer. If you love it, we’ll begin the process of buying your inherited home! You’ll be receiving additional income, while also taking care of a depreciable asset.
The Process of Buying Your Inherited Home in Culver City
1. We'll Inspect and then Offer
A simple walkthrough is all we need, and from there - you'll get an offer in 48 hours. If you like the offer presented to you, kindly accept and we'll send you over a seller's document. Have any questions about how to fill the document out? Call us and we can come over to show you.
2. Time for Escrow
When your documents have been finally signed and returned, you will then get a call from an escrow company regarding your money. You may have some more paperwork to sign from the escrow company, but it's easy to read and fill out.
3. Your Cash In Hand
After all the paperwork has been finalized and returned, you have officially sold your inherited home! You'll be getting the cash from your inherited home via 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 Culver City 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.