Looking to sell your inherited home in Southern California?
Let us take it off your hands.
How To Sell Your Inherited Property in Poway
1. Placement in Probate
If the home is in probate still, only the sole owner of the home can sell it, per the relative’s will. Once we understand where you are in probate, and if the home is solely yours, we can begin working with you. All we need is some contact information for us to talk to you. Fill out the forms to the top and bottom of this page, and if you want to speak to us on your own time – call us at (657) 206-0121.
2. The Cash Offer For Your Inherited Home
3. Selling Your Inherited Home For Cash In Poway
After our walkthrough, we then make an offer for your inherited home. If you like it, then we’ll begin the process of purchasing your property. You’ll be receiving additional income, while also taking care of a depreciable asset.
Buying Your Inherited Home in Poway
1. From Inspection to Documentation
We begin with a simple walkthrough of the inherited home, and within 48 hours, you'll receive a call about the offer we created for your home. If you accept the offer, we will then send over a seller's document. 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!
Once all of your seller documents have been signed and returned, you will then receive a call from our escrow company. Also, they may have some additional paperwork for you, but no worries - it's easy to fill.
3. Count Your Cash
When everything has been filled and returned, your inherited home is now sold! Congrats! 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 Poway 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.