Are you about to inherit a home in Southern California?
Let us buy it from you!
How To Sell Your Inherited Property in Morro Bay
How We Help You
1. Your Current Probate
If the home is in probate still, only the sole owner of the home can sell it, per the relative’s will. Probate is a fairly lengthy process, and if your relative’s
will expressively state that you are the sole owner of the property – we can begin with our work. 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. Our Offer On Your Inherited Home
3. The Cash From Your Inherited House in Morro Bay
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. From the sale of your inherited property to us, you’ll be getting some nice cash and the relief of getting the estate sold.
How We Buy Your Inherited Home in Morro Bay
1. Inspection to Documentation
We'll do an inspection, and 24 to 48 hours after, you'll receive an offer. By accepting the offer, we will then mail you a seller's document. If you need help filing the documents out, we can help.
2. Escrow and Additional Documents
When your documents have been finally signed and returned, you will then get a call from an escrow company regarding your money. 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 Those Dollars
After all the paperwork has been finalized and returned, you have officially sold your inherited home! You can choose between picking up a check or getting a wire transfer for your money.
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 Morro Bay 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.