Are you about to inherit a home in Southern California?
Let us buy it from you!
Selling Your Inherited Home in San Marino
What To Expect
1. Understanding Where You Are In Probate
If you are expressly the sole owner of the property, you can sell your inherited home. We just need to learn about where you are in the probate process, and if you own the home outright per the will – we’ll plan a walkthrough. 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 San Marino
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 be receiving additional income, while also taking care of a depreciable asset.
Process of Buying Your Inherited Home in San Marino
1. Inspection to Documentation
We just need to do a quick inspection, and within 48 hours, you'll get an offer on your inherited home. By accepting the offer, we will then mail you a seller's document. Need help filling out the documents? Call or text us and we can come help.
2. Escrow time!
After your documents are signed and returned, our escrow company will contact you for some additional clarification. They might have some extra paperwork, but it is pretty easy to fill out.
3. Count Those Numbers!
With all the paperwork finished and returned, your inherited home in Southern California is now sold! You get to choose between getting the money 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 San Marino 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.