Sell My Probate Property for Cash in DMV
Not every inheritance is a treasured one. When it comes to getting a house, many families feel overwhelmed by receiving such a large property. Furthermore, they find that they may not need it. However, putting it on the market and trying to sell it through a realtor can be an even bigger hassle.
A smarter alternative to selling probate property is to sell your house fast for cash in DMV. Home Fortune can take make a competitive cash offer, buy your house, and take it off of your hands in as little as 30 days. We buy new houses, old houses, ugly houses, inheritance property, and probate property.
Call 202-918-9600 to schedule a quick walk-through of the property with a local house buyer in Washington, D.C., Virginia, or Maryland.
How to Sell My Inherited House Fast in DMV
Step 1: Schedule a Visit with a Local House Buyer
The first step is to pick up the phone and call one of our local house investors in the Alexandria, Virginia area. Simply schedule a quick walk-through of the property. There is no need to make any renovations, prepare the house to show, or even clean up. We are happy to view the property as-is.
Step 2: Let Us Make a Fast Cash Offer
If we decide we want to move forward with buying the property, we’ll make a competitive cash offer based on a percentage of the house’s value. We can negotiate a fair cash offer that puts money in your pocket and allows us to make a good investment.
Step 3: We Pay You Cash
Do you like the offer? Then schedule a closing date that works for you. We show up, sign the papers, and pay all closing costs and fees. You pay nothing. We can pay cash in as little as seven days after closing.
How Does Probate Work?
It is important to understand how probate works before you move forward with selling your house for cash. You will need to file a petition to your court and assign an executor. Also, you will need to submit a notice to all beneficiaries and creditors. Below are the steps you need to follow during probate.
1. File a Petition
You will begin the process by filing the descendant’s will and your appointment as executor in the probate court in the county where the deceased was living at the time of death. Make sure you are allowed to proceed as executor if you live in a different state.
2. Send a Notice to All Beneficiaries and Creditors
You are legally required to send a notice to all creditors, beneficiaries, and anyone with a financial interest in the estate. This may also include business partners, investors, or clients of the deceased. All parties must receive a notice and reply before you move forward with the probate process.
3. Pay All Estate Expenses, Taxes, and Debts
Debts and taxes do not disappear after a loved one’s death. All creditors and government agencies (i.e., the IRS) will request payment in full of all debts. This is where selling your probate or inherited house fast can be valuable. You do not have to wait several months to sell the house as you do in a traditional sale.
4. Transfer the Legal Title of Property
Once all creditors and interested parties have been paid, you will petition the court to transfer the remaining assets to all beneficiaries. Therefore, before you sell a probate house, you must transfer the legal title in accordance with the laws in your state. It can take four to six weeks to transfer the title.
5. Close the Probate Estate
Once all claims have been satisfied, all beneficiaries have agreed to the terms of the will, and property ownership has been transferred, you can close the probate estate account. As the executor, you will petition for distribution and attend a final hearing with notice to all parties.
Once payment has been made to estate’s debts, expenses, and taxes, then you are clear to sell your house. All you have to do is transfer the legal title of the property and close the estate’s probate. We can then make a cash offer on the home.
Walk Away from Your Inherited House with No Strings Attached
The best part about selling your house for cash is that you can be free and clear of the property with no strings attached. Once we close, then are free. You can enjoy the benefits of working with an investor, such as:
Why go through the burden of putting your house on the market, when you can sell it for cash in only a few weeks. Fortune Home’s easy process helps you save time and money while unloading a property that you never wanted.
Sell Your House for Cash in DMV
Do you live in Washington, D.C., Maryland, or Virginia? If so, contact Fortune Homes today. Sell your house fast for cash in DMV and the surrounding area. We buy houses as-is in any condition. Call 202-918-9600 to schedule a quick, no-obligation visit with one of our local cash home buyers.
Our company purchases property as-is in the following areas: