Inheriting a Home in Southern California?
If You're Selling, We're Buying
Begin to Sell Your Inherited Home In Monterey Park
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. We just need to understand your situation a little more, and if the home is indeed yours, we’ll start working with 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. Our Cash Offer for Your Inherited Home
3. Finally Selling Your Inherited House In Monterey Park
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. Get some extra cash, and you’ll no longer have to worry about another home.
How Do We Buy Your Inherited Home in Monterey Park
1. Walkthrough to Documentation
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 like what you see and accept the offer, we can then forward you some seller's documents to fill out. Need help filling out the documents? Call or text us and we can come help.
2. Forward to Escrow!
After your documents are signed and returned, our escrow company will contact you for some additional clarification. You may have some more paperwork to sign from the escrow company, but it's easy to read and fill out.
3. Count Your Cash
With all the paperwork finished and returned, your inherited home in Southern California is now 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 Monterey Park 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.