Selling a House in Probate Commerce City

If you have inherited a property, it’s definitely not an easy time. In most cases, people who inherit a house choose to sell it fast in order to avoid high maintenance costs or simply due to emotional reasons. However, selling a house in probate Commerce City is more complicated than selling your own house, but this is not meant to put you off in any case.

To sell a house in probate, you need to have a better understanding of what probate really is and we are here to help. As pointed out earlier, a house in probate has everything to do with inheritance. This means that for an inherited house to be sold, it must first go through a probate process so that the executor or administrator can verify that it’s indeed legal to sell the property in question.

Is there a ready market for houses in probate?

Selling a house in probate Commerce City, as pointed out earlier, is not such an easy task. However, with the right guidance, you won’t take long to close the sale. The demand for houses in probate seems to be on the rise and this can be attributed to the opportunity they come with. In most cases, houses in probate command a lower price tag. In addition, those who commit to such a property are usually looking for an opportunity for renovation.

Investors are very common in the real estate market and Denver Property Flip is just one of the many around Denver. As a real estate investment company, we are always ready to buy houses in probate Commerce City and pay in cash. As noted, many people who inherit a house choose to sell it fast because of the extra expenses that accompany keeping the property. If you need to sell the house in order to get quick cash to help you offset other debts and attorney costs, Denver Property Flip is what you are looking for.

Selling before probate is granted

You might be in urgent need of cash and the probate process is taking too long for you. This may prompt you to sell the house before being granted probate. Well, technically, you will fail at the first attempt. So, unless your name is on the deed, maybe because the deceased is your spouse, you must wait until probate is granted before selling the house.

In most cases, it may take up to eight weeks for the probate process to complete. You don’t have to wait until the process is complete in order to start marketing the house, instead, you can keep marketing it while you wait for the Grant of Probate to be completed. Note that even if someone makes you an offer, you’ll have to wait for the Grant of Probate before you sell the house.

The documents you need

Of course, all throughout the probate process, you will be working with an attorney. In order for them to file the probate, you need to hand them some of your documents. These documents will also be handy when it comes to valuing the property. You can find some of these documents in the deceased’s files or request them from the various organizations.

Some of them include original ID/driving license/passport, will and death certificate, utility bills and any outstanding debts, credit card statements, bank accounts and statements, property deeds, mortgage information, details about savings and shares, funeral expenses and so on.

Once the necessary documents are handed to your attorney, you can rest assured that soon you will be able to sell the house. However, you are under no obligation to use the same solicitor for selling a house in probate. Once the probate is granted, you can choose to use a different party to sell the house, for instance, a trusted real estate agent. But since real estate agents can take long before closing the sale and they also charge some extra fees in form of commissions and closing costs, those looking for a quick house sale can do a lot better with companies that buy houses for cash.

If you are selling a house in probate Commerce City, feel free to call us on (720) 370-9595.