26th October, 2011 - Posted by TTM - No Comments
I just inherited a house, but I have no idea what to do with it and even if I did I really have no idea what the probate process is? This is the exact thought that goes through anyone’s head that has been in the situation of inheriting a property. The process of liquidating all of the assets that a person leaves behind and paying off any debts is called Probate. Now even if there was Will a Probate case will still need to opened with a Probate Attorney in order to make sure that any creditors can come forward with a claim for any money that may have been owed to them. So getting in touch with an Attorney would be the first step in beginning to deal with this process. Once that has taken place you will be informed by the Attorney how long the Probate case will need to open (generally that time period is 4 months), which basically means how long until all of the remaining assets can be split up amongst the beneficiaries. At this point if the decision of the beneficiaries is to sell any property left behind, it would be in their best interest to begin trying to find a buyer.
The problem that often occurs with trying to find a buyer for Probate real estate, is that generally the houses are either in varying degrees of disrepair or they are very outdated. Both of these things can really deter an owner occupant financed buyer who would be looking for a house that they and their family can move into. If the house is in need of a lot of repair often times it will not even be financiable, which means most buyers could not even buy it if they wanted to. Also if the house needs to be completely updated it can often be very unappealing to an owner occupied buyer because there is just too much work for them to handle. This is when calling TTM Cash HouseBuyers to sell Probate real estate can make your life very easy! TTM specializes in buying houses that are in need of minor TLC & updating to major renovation & repair, and in addition we buy with cash so there is never any chance of financing falling through. We will also close on the date of your choice, which can really help when probate paperwork doesn’t get completed on time or when its supposed to (which happens a lot).
By contacting TTM Cash HouseBuyers you don’t have to worry about cleaning out the property, completing any repairs, finding a realtor, dealing with picky buyers, having financing falling through and the list goes on and on. We make selling property easy, which in most probate situations is exactly what the beneficiaries are looking for. In addition we are able to close on the date of your choice and pay you a fair price for the property! If you have just inherited a house and are either looking to sell it or just don’t really know where to start with the entire process….then contact TTM Cash HouseBuyers today so that we can help. We work closely with a large number of Probate attorneys who we will gladly refer you to for assistance in dealing with the probate while at the same time we can present you with a cash offer for any real property within 24 hours!
TTM Cash houseBuyers purchases a large number of houses out of probate each and every month in the Portland area, and the reason for that is because we make selling your probate house a very simple & easy process! Contact us today to learn more about the probate process or to get a list of clients and probate attorney’s who have used our services and have nothing but great things to say about how we do business! Watch our video below to learn more about why you should contact TTM Cash HouseBuyers to Sell your Probate property fast and in “as is” condition!