Sell My Probate House in Lake St. Louis, MO
Sell My Probate House in Lake St. Louis, MO. A death in the family is a painful and confusing time. In addition to reconciling your complex emotions surrounding their passing, you may find yourself having to address legal issues, one of which includes handling their estate in Lake St. Louis, MO. This often entails a probate process. If you are in charge of the estate, you might find that you want or need to sell your probate house in Lake St. Louis, MO. Managing a probate house sale can be overwhelming, but when you choose to go through a probate sale with the knowledgeable probate house buyers of Evervest, we can help you through the process.
Evervest Home Buyers has been a staple of the Lake St. Louis, MO community for thirty years. Throughout our existence, we have helped many Lake St. Louis, MO families and individuals like you sell their probate houses and other Lake St. Louis, MO properties quickly and for a fair cash value. If you or your family find yourselves in charge of a probate house in Lake St. Louis, MO and need to sell, we are here to help. Talk to us about how Evervest can help you sell your probate house in Lake St. Louis, MO by giving us a call at 314-730-0366.
What is a Lake St. Louis, MO Probate House?
Probate is the legal process required to transfer ownership of a property after the property’s original owner passes away. If the decedent–or the person who died–names an executor to manage the estate in their will, that individual will take charge and make decisions when it comes to what to do with the decedent’s estate, including selling property, paying off all debts in the decedent’s name, and distributing remaining assets among the heirs. If the decedent did not provide a legally applicable will specifying an executor, the state will asign an administrator to take charge–almost always the closest living relative.
However, in some cases the probate period can be avoided. Some types of property that are valued under a specific dollar amount may be passed to beneficiaries without having to go through the probate process. Most houses, though do enter probate. However, there are some legal provisions that allow you to avoid the house entering probate and alternatively immediately transfer legal ownership of the property to others. Examples of this are joint ownership with the right of survivorship, revocable trusts, and transfer on death (TOD) deeds. Each state has its own probate laws and practices. You can view detailed information on Missouri’s property probate laws here.
So, you have a probate house if it is a property that belonged to someone who died and is going through the legal process of verifying the legality of the will or, if there is no will, making sure that the assets are properly split up and assigned to living family members. Are you stressed out yet? You are not alone. Selling a house in probate is a complex legal process that is difficult and hard to understand for many people. Probate laws are meant to protect all family members or rightful heirs by ensuring that the estate of the deceased family member is distributed fairly, but the process of selling your probate house is often difficult to navigate and very stressful.
Luckily, the team at Evervest Home Buyers is well-versed in buying probate houses in Lake St. Louis, MO and can help you sell your Lake St. Louis, MO probate house. We are familiar with the legal restrictions and requirements and will help you successfully navigate selling your Lake St. Louis, MO probate house.
The Probate Process
Once you have the conscious thought, “I need to sell my probate house in Lake St. Louis, MO,” it is easy to get overwhelmed. Selling a probate house in Lake St. Louis, MO can be confusing and frustrating, but knowing the steps involved and what to expect throughout the process can help make selling your probate house a little easier.
The main distinction between selling a house in probate and a regular sale is that the state probate court oversees the entire process. When you sell your Lake St. Louis, MO house in probate, you will go through the following process.
- Prove in court that the decedent’s will is valid or have the court name an administrator.
- All probate property of the decedent must be found, collected, and secured.
- The probate property must be appraised for its monetary value.
- All taxes and debts in the decedent’s name must be paid and satisfied.
- The remaining property is distributed to the heirs based on the provisions of the will. If there was no will or the will did not specify distribution of assets, state law on inheritance will be applied.
Selling My Probate House in Lake St. Louis, MO
It is possible to sell a probate house in Lake St. Louis, MO. But due to the legal requirements of the probate process, you are tasked with making sure that you are in compliance with Missouri state probate laws when you get ready to sell your house. As the executor or administrator of the Lake St. Louis, MO probate property, you must follow steps to ensure that you sell the probate house the right way. Once the will has been authenticated, you have been put in charge, and you have decided that you want to sell your probate house, you must:
- Inform those involved. There are generally multiple people affected by the sale of the probate house. You must inform anyone involved with the property that you are planning to sell the probate house.
- Have the property appraised. When you sell your house in probate, the house’s value must be assessed. This allows everyone involved to be aware of how much they can expect to receive from the sale of the Lake St. Louis, MO probate house.
- Determine how to sell. This is where Evervest steps in to make it much easier and faster for you to sell your probate house in Lake St. Louis, MO. You can decided between selling to a home buying company like us or go with a traditional real estate sale. Consider the advantages and disadvantages of either option. If the house is in poor condition or you and your fellow beneficiaries do not want to wait months (or longer) to sell the probate house, the best choice would be to sell to a home investor like Evervest. You will get a fair value and receive cash quickly.
- Accept the offer. If you choose to sell to home buyers like Evervest, the sale will be closed in under 30 days and often in only one or two weeks. After that, you will have sold your probate house and will have cash in the amount of the market value offer.
Evervest can also help you in other home-selling situations, including:
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When you find yourself saying, “I need to sell my probate house,” you will have to decide how to go about selling. There are always risks and benefits to any decision, but selling to Evervest offers a way to close the sale quickly, allowing you and your family members to receive payment quickly and avoid a painful, drawn-out, anxiety-filled process. When you sell a home to Evervest, the all-cash offer is for the property as-is. In other words, there is no time, money, or effort required on your end – no cleaning, no repairs, no landscaping, showings, etc. Make the probate process a little easier for you and your family by selling the probate house to us for cash now.
Sell My Probate House in Lake St. Louis, MO Now | Evervest Home Buyers
When you realize, “I need to sell my probate house,” it is time to call Evervest. When you are already going through a difficult and emotional time, spare you and your family members and sell your probate house in Lake St. Louis, MO quickly and for a fair market value offer to Evervest Home Buyers. We are a local Lake St. Louis, MO home buying company. We know the Lake St. Louis, MO area and Greater St. Louis community, are familiar with the probate home selling process, and, most importantly, are committed to offering a fair cash price for your house. When you are ready to sell your probate house in Lake St. Louis, MO, reach out to us right away by giving us a call at 314-730-0366 or filling out the online form.