Are you inheriting a home in Southern California?
If You're Selling, We're Buying
Sell Your Inherited Home In Grand Terrace
1. The Probate Period
If the home is in probate still, only the sole owner of the home can sell it, per the relative’s will. 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. All you need to do first is enter your information above or below, and if you’d like to speak with us sooner, call us at (657) 206-0121.
2. How We Craft An Offer For Your Inherited Home
3. Selling Your Inherited Home For Cash In Grand Terrace
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!
How We Purchase Your Inherited Home in Grand Terrace
1. Walkthrough to Documentation
We'll do an inspection, and 24 to 48 hours after, you'll receive an offer. 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. From Paperwork to Escrow
When your documents have been finally signed and returned, you will then get a call from an escrow company regarding your money. They may or may not have additional paperwork for you to sign, but it is all fairly easy to do and return.
3. Count Those Dollars
When everything has been filled and returned, your inherited home is now sold! Congrats! 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 Grand Terrace 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.