Purchasing Probate Homes
When people hear the word “probate,” they tend to feel stress instantly. Having to deal with the loss of a loved one is a burden all in itself, but when the deceased’s property and assets become tied up in probate court, the situation can escalate very quickly. If you find yourself being the person who has to handle the responsibility of the will, it’s expected you may feel the weight of the world on your shoulders. Fortunately, there is no need for you to worry; Sky Equities LLC is a probate home buying company who will answer any questions or concerns you may have when deciding to sell us your home during the probate process.
What Is Probate?
Probate is the distribution of a person’s assets after their death. If you’re responsible for a property wrapped up in probate, then you understand how complex the process can become. If there is no specified heir, the property will sell into the probate court. At this point, either the deceased (stated in the will) or the court will decide on the executor to deal with the process. Typically, this is the person who is the closest living relative.
Once the home gets sold, the courts will then split the proceeds among the beneficiaries who were decided upon by the courts. From there, the executor will need to pay off any remaining debt, cash bequests, and fees. Every property won’t have to go through the probate process, as long as the assets can be sold or passed down through a living trust.
Can You Sell the House Quickly in Probate?
Absolutely! You will need to be the executor of the estate, and also obtain permission from the other heirs. The money you receive will go towards your debts, and then divided between the beneficiaries. The buyer you’re selling to must be approved between the heirs and the court to move forward in the process. It’s imperative you either work with an agent or your direct home buyer who has experience in probate.
Furthermore, it’s essential to know all the logistics to ensure everything is handled correctly. At Sky Equities LLC, we can ease the burden of this stressful situation and help end the process as quickly as possible, allowing you to move forward with your life.
How Much Will the Probate Process Cost Me?
The cost can vary depending on the size of your property. Most likely, the court will charge you, transfer, document filing, and attorney fees. The resources you will have to invest for a good probate lawyer can quickly add up to thousands of dollars, making the process very expensive.
So Why Sell Now?
When going through the probate process, the faster you’re able to sell the home, the less stressful the whole situation will become. Probate sometimes can take an average of 6 to 9 months. With Sky Equities LLC, you can sell us your home fast, and not worry about having to deal with the long and lengthy probate process. A direct cash offer from Sky Equities LLC can be completed much quicker rather than going through the steps of probate.
By going through Sky Equities LLC, you can save your family time, money, and a lot of unnecessary stress. Probate circumstances are stressful and can lead to heated arguments amongst family members that can tear a family apart. Our company wants to make sure you receive a fast and reasonable offer that can bring peace of mind and closure during this challenging time in your life.
At Sky Equities LLC, we understand how the probate process works, and we want you to know you have options; which are easy and efficient to inquire on without any obligation.