Sell My Probate House in Maplewood, MO
Sell My Probate House in Maplewood, MO. A death in the family is a painful and confusing time. On top of confronting the emotions surrounding their death, you may be forced to confront legal issues, which typically includes handling their estate in Maplewood, MO. To do this, you usually have to enter a probate process. If you are in charge of the estate, you may find that you want or need to sell your probate house in Maplewood, MO. Dealing with selling a probate house can be overwhelming, but working with an experienced probate house buyer like Evervest can help you through the process.
Evervest Home Buyers has been a staple of the Maplewood, MO community for thirty years. We have helped many Maplewood, MO families like yours sell their probate houses and other Maplewood, MO properties quickly and for a fair cash value. When you become involved with a probate house in Maplewood, MO and need to sell, Evervest is here for you. Talk to us about how Evervest can help you sell your probate house in Maplewood, MO by giving us a call at 314-730-0366.
What is a Maplewood, MO Probate House?
Probate is the legal process of transferring ownership of a property after the property’s original owner passes away. If the decedent–or the person who died–left a legally enforceable will naming an executor to manage the estate in their will, that person will be put in 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. In cases where the decedent did not specify an executor in a will, the state will appoint an administrator to take charge–almost always the closest living relative.
There are certain cases in which you can avoid probate. Some types of property under a specific dollar value may be passed to beneficiaries without having to go through the probate process. Properties such as houses often must be handled via probate. However, there are some legal provisions that allow you to avoid the house entering probate and alternatively allow individuals to take immediate legal ownership of the house. These arrangements are things like 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.
To sum up, a house in probate is a house belonging to a person who passed away undergoing the legal process of verifying the legality of the will or, if there is no will, making sure that the assets are fairly divided among living family members. Confused 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.
Fortunately, Evervest Home Buyers is well-versed in handling probate house sales in Maplewood, MO and is ready to help you sell your Maplewood, MO probate house. We understand the legal requirements and procedures and can make sure you can sell your Maplewood, MO probate house successfully.
The Probate Process
When you find yourself in a situation where you realize, “I need to sell my probate house in Maplewood, MO,” it is easy to get overwhelmed. Selling a probate house in Maplewood, 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.
Selling a house in probate differs from a typical home sale in that the state probate court supervises the entire process. When you sell your Maplewood, 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 allocated 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 Maplewood, MO
It is possible to sell a probate house in Maplewood, MO. However, because the court supervises the entire 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 Maplewood, 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 will have the authority to take actions and make decisions. When you decide you want to sell your probate house, you must:
- Inform those involved. Unless you are the only living relative or only person named in the will, there are others whom the sale of the probate house will affect. You must update 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 determined. This allows everyone involved to be aware of how much they can expect to receive from the sale of the Maplewood, MO probate house.
- Determine how to sell. This is where Evervest comes in to make it much easier and faster for you to sell your probate house in Maplewood, MO. You can decided between selling to a home buying company like us or go the traditional home sale route with a real estate agent. Consider the advantages and disadvantages of either option. If the house is not in excellent condition or you and your fellow beneficiaries do not have the luxury of waiting months (or longer) to sell the probate house, you should 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 as little as one to two weeks. At that time, you will have sold your probate house and will have cash in the amount of the market value offer.
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If you are in a situation where you are telling yourself, “I need to sell my probate house,” it is up to you to determine how you want to sell. There are always pros and cons to any option, but selling to our experienced probate home buyers means you can close the sale quickly, sparing you and your family members from a painful, drawn-out, stressful process. When you sell a home to Evervest, the all-cash offer is for the property as-is, meaning you do not have to do ANYTHING – no cleaning, no repairs, no landscaping, showings, etc. Make the probate process easier for you and your family by selling the probate house to us for cash now.
Sell My Probate House in Maplewood, MO Now | Evervest Home Buyers
When you realize, “I need to sell my probate house,” it is time to call Evervest. During a time that is already difficult for everyone involved, spare you and your family members and sell your probate house in Maplewood, MO quickly and for a fair market value offer to Evervest Home Buyers. We are a local Maplewood, MO home buying company. We know the Maplewood, MO area and Greater St. Louis community, are familiar with the probate home selling process, and, most importantly, are committed to paying you a fair cash price for your house. When you are ready to sell your probate house in Maplewood, MO, reach out to us right away by giving us a call at 314-730-0366 or filling out the online form.