Simplifying Probate Property Sales

(Expert guidance & fast solutions for probate property sales.)

Simplify the Home Sale Process & Let Us Make an As-Is Offer

What is Probate and how does it affect the property and beneficiaries?

When someone dies, their will is sent to probate court to verify its validity. The court appoints an executor to distribute assets to the beneficiaries. The executor first pays off any debts, then ensures the beneficiaries receive their share.

Probate ensures fair execution of the will, allowing parties to contest if they believe the distribution is unfair or the will was made under duress.

If there is no will (intestate), the court appoints an administrator to handle debts and distribute remaining assets.

The probate process can take weeks to months, influenced by the will’s complexity, number of beneficiaries, debts, and any contests. It usually takes longer without a will.

Properties listed in the will cannot be sold during probate. Once probate is complete, the new owner can sell the property if desired.

Things to Consider When Inheriting a House.

Does the property need maintenance, upkeep or a complete makeover?

Does the house have an existing mortgage that needs to be paid off?

Does the deceased have outstanding debts that need to be paid off?

Does it have to be sold to settle any debts of the deceased?

Will there be any funds left over from the sale to disperse evenly amongst the beneficiaries?

Executor Determines If the House Needs to Be Sold

When an executor takes over an estate, they decide whether the house stays with the beneficiaries or is sold to pay off debts.

If the house has a mortgage or the deceased had significant debts, selling might be necessary. This is one of the times a house can be sold during the probate period.

Even if the house is paid off, selling could be the best option to evenly divide assets among multiple beneficiaries.

Beneficiaries can influence this decision, especially if the house has sentimental value.

How to Sell a House in Probate

If the executor opts to sell the house, potential buyers can submit bids to the probate court. This allows you to purchase probate property before the process is finalized.

Probate properties are sold “as is,” often requiring significant repairs or updates, which may appeal to a specific type of buyer. Purchasers must make cash offers, as securing conventional mortgage financing for probate properties is typically very difficult. Most courts only accept cash offers via cashier’s checks. Finding a cash buyer can be challenging, especially in today’s economy, even for real estate agents.

Purchasing a house in probate can be lengthy due to the need for scheduled court appointments. If local courts are slow, it may take several weeks to review bids. However, an expert in purchasing probate properties can leverage their knowledge and connections with attorneys and courts to expedite the process.

If the property is in good condition, requires no updates, and you’re aiming to maximize its value while willing to wait for the sale process, listing it with a realtor could be a great option.

Working with an Experienced Cash Buyer that Specializes in Purchasing Probate / Inherited Houses

Selling real estate through a probate sale can be a lengthy process. Emotions are often high after the loss of a loved one, and the courts have measures in place to ensure everything is handled fairly.

One of the best ways to navigate the probate real estate process is to engage an experienced probate cash buyer. These professionals can help you overcome hurdles, explain various aspects of probate court, and increase the likelihood of a smooth purchase. They do not charge a commission, there are no fees involved, they pay all the closing costs, will “buy as-is” and can often close fast or in the case of a slow-moving probate case wait it out to purchase the house.

Selling a Probate House for Cash FAQ

Can I sell the property in probate before the probate is finalized?

Yes, you can sell before the probate is finalized. The appointed to handle the estate typical called (Executor, Fiduciary, Personal Representative) depending on your state can have their attorney petition the court for the sale of the property.

What if a probate house is in poor condition and can’t pass inspection for bank financing?

If a probate house is in poor condition and can’t pass inspection, the seller must find a cash buyer willing to purchase it as-is

Should I make repairs to the property in probate?

Making repairs to a property in probate may not be a wise decision because it can be costly and time-consuming, delaying the probate process and the sale. Additionally, the estate may not have the funds to cover repairs, and there’s no guarantee that the investment will significantly increase the home’s value or attract more buyers. Instead, selling the property as-is to a cash buyer can streamline the process, avoiding extra expenses and complications.

What if my state requires me to sell a probate property for at least 80% of its appraised value, but the home’s condition makes it unappealing, or I simply want a fast sale?

Here’s the truth the court will order an “appraisal (it pays an agent to do a drive by /AVM, which is nearly always high because they are not looking at the properties interior condition and full exterior conditions).

The court orders the appointed to sell the property, with a minimum price of 80% of the “appraisal”

Here’s how you fix it: The cash buyer / investor will inspect the property at no cost, assess its current condition, and provide a written offer based on those findings. The appointed representative can then return to the court with the offer and request approval to sell at that price. If there are no creditors, the heirs agree, and the appointed representative supports the sale, the court will approve it—no new appraisal required.

How can I find an Investor who has the cash to buy an inherited / probate property?

To find a legitimate investor who genuinely cares about your situation, search online using terms like “sell my house fast,” “we buy houses,” or “home investors near me.” You can also check real estate ads, direct mail offers, or local “We Buy Houses” signs. Instead of selling to a big, impersonal company, look for experienced buyers who take the time to understand your needs and offer solutions tailored to your circumstances. A reputable investor will guide you through the process with transparency and ensure a fair, hassle-free sale.

When should you consider working with a licensed realtor?

Opting for a Realtor is a great choice if your inherited property is in excellent condition and you’re aiming to maximize its value. This route is ideal for those who are comfortable with the following:

Waiting a few months for the property to be listed and sold.

Paying the standard 6% Realtor commission.

Managing the buyer’s financing approval process and inspection timeline.

Taking care of necessary repairs and maintaining the home’s condition for showings.

Covering county taxes and closing costs associated with the sale.

If these factors align with your preferences, we wholeheartedly recommend hiring a realtor to ensure the best possible outcome for your sale.

Our Reviews

They made it happen!!

Navigating the sale of a probate property seemed impossible, but Jason & Jeremy made it happen. They purchased the house and handled all the paperwork, ensuring a smooth and quick sale. Their help was invaluable!”

★★★★★

Michael Ravenscroft

High Recommend

Thanks to Jeremy & Jason, I was able to sell my probate property quickly and efficiently. They handled all the complexities and ensured an easy transaction.

★★★★★

Emily Vandermeer

Trustworthy, Kind and Helpful

I can’t thank Jason & Jeremy enough for their assistance. Their knowledge and kindness made the sale of my inherited house a straightforward process. I’m truly grateful for their help!

★★★★★

David Ashford

Successful Home Sale!!

This team made the probate process easy. They handled everything efficiently, and thanks to their help, the court approved my home sale for them to purchase. Thanks guys!

★★★★★

Sarah Whitlock