Are you about to inherit a home in Southern California?
Let us buy it from you.
Selling Your Inherited Property In South Gate
1. Placement in Probate
If you are expressly the sole owner of the property, you can sell your inherited home. Probate is never a quick process, that’s why we need to understand what point you are currently in. If the will states that you are the sole owner of the property, we can start working for you. Once you’ve entered your contact information in the forms above or below you, you’ll be getting a call from us within 24 hours. If you’d want to speak to someone earlier, call us at (657) 206-0121.
2. Our Offer On Your Inherited Home
3. Finally Selling Your Inherited House In South Gate
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. Get some extra cash, and you’ll no longer have to worry about another home.
The Process of Buying Your Inherited Home in South Gate
1. Inspection to Documentation
We have a simple walkthrough, to account for how much the home might be worth. Then, in 48 hours - you'll receive an offer from us. 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. Time for Escrow
Once the seller documents are signed and returned, you will receive a call from your local 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
Your inherited property will be sold to us when all the paperwork has been signed and returned. Congrats! 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 South Gate 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.