Inherited Home in Southern California in bad condition?
If You're Selling, We're Buying
Sell Your Inherited Home In Laguna Woods
1. Your Place in Probate
If the will says that you are the one and only owner of the home, you can start selling to us. We just need to understand your situation a little more, and if the home is indeed yours, we’ll start 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. Crafting A Cash Offer for Your Inherited Property
3. Get Paid For Your Inherited Home in Laguna Woods
All we need to know is if you love the offer or not. If you do, then we can get everything started for the purchase of your inherited property. You’ll get the best offer working with us, and you won’t have to maintain your newly inherited home.
How We Purchase Your Inherited Home in Laguna Woods
1. From Inspection to Documentation
We'll do an inspection, and 24 to 48 hours after, you'll receive an offer. If you like what you see and accept the offer, we can then forward you some seller's documents to fill out. 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. Forward to Escrow!
After all of your documents have been signed and returned to us, you will get a phone call from our escrow company. Our escrow company may have some additional documents for you to sign, but if they don't - you're at the final stretch.
3. Count Your Cash
After all the paperwork has been finalized and returned, you have officially sold your inherited home! 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 Laguna Woods 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.