Looking to sell your inherited home in Southern California?
If You're Selling, We're Buying
Selling Your Inherited Property In El Monte
How We Do It
1. Your Place 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. Once we understand where you are in probate, and if the home is solely yours, we can begin working with you. Please be sure to fill in the information needed in the forms above or below you. If you want a quicker response, call or text us at (657) 206-0121.
2. Our Cash Offer for Your Inherited Home
3. Cash For Your Inherited Home in El Monte
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 getting more money in your pocket, and you won’t have to take care of an additional home!
Process of Buying Your Inherited Home in El Monte
1. Inspection to Offering
We'll do an inspection, and 24 to 48 hours after, you'll receive an offer. Once you accept the offer, we can send you a seller's document regarding the inherited home. Have any questions about how to fill the document out? Call us and we can come over to show you.
2. Escrow time!
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. Your Cash In Hand
With all the paperwork signed and returned, your inherited property is now officially sold! 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 El Monte 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.