Sell My Probate House in Olivette, MO
Sell My Probate House in Olivette, MO. When a family member or someone you were close with passes away, life can be difficult and confusing. In addition to reconciling your complex emotions related to their death, you may be forced to confront legal issues, one of which includes handling their estate in Olivette, MO. This often entails a probate process. If you are in charge of the estate, you may decide that you want or need to sell your probate house in Olivette, MO. Managing selling a probate house can be overwhelming, but when you choose to go through a probate sale with the knowledgeable probate house buyers of Evervest, we can help make this time easier on you.
Evervest Home Buyers has been a staple of the Olivette, MO community for thirty years. We have been successful in helping countless Olivette, MO families and individuals like you sell their probate houses and other Olivette, MO properties in a fair, fast, and stress-free process. When you become involved with a probate house in Olivette, MO and need to sell, we are here to help. Find out how we can help you sell your probate house in Olivette, MO by giving us a call at 314-730-0366.
What is a Olivette, MO Probate House?
Probate refers to 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 be put in charge of handing and selling the property, paying off the decedent’s debts, distributing assets to the heirs, and handling all other matters related to the estate. In cases where the decedent did not specify an executor in a will, the state will asign an administrator to take charge–almost always the closest capable family member.
However, in some cases the probate period can be avoided. Certain types of property under a specific dollar value can change hands into those of the 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 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.
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, ensuring that the assets are fairly split up and assigned to the surviving family members. Confused yet? You are not alone. Selling a house in probate is a complex legal procedure that is difficult and hard to understand for many people. Probate laws are supposed to make sure everyone involved in the estate of the deceased family member gets their fair share, but the process of selling your probate house is often stressful and confusing.
Fortunately, Evervest Home Buyers is well-versed in buying probate houses in Olivette, MO and can help you sell your Olivette, MO probate house. We understand the legal restrictions and requirements and will help you successfully navigate selling your Olivette, MO probate house.
The Probate Process
When you find yourself in a situation where you realize, “I need to sell my probate house in Olivette, MO,” it is easy to get overwhelmed. Selling a probate house in Olivette, 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. Expect the following when you sell your Olivette, MO house in probate.
- Prove in court that the decedent’s will is valid or have the court appoint an administrator.
- The executor is to track down, collect, and secure all probate property owned by the decedent.
- The probate property will 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 Olivette, MO
You can sell your probate house in Olivette, 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. When you are the executor or administrator of the Olivette, 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. It is your responsibility to 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 value of the house must be officially determined. This allows everyone involved to be aware of how much they can expect to receive from the sale of the Olivette, MO probate house.
- Determine how to sell. This is where Evervest comes in to make the process of selling your probate house in Olivette, MO much easier and quicker. You may elect to sell 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 in poor 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 decide to sell to home buyers like Evervest, you can expect the sale to be closed in under 30 days and frequently in as little as one to two weeks. At that time, you will have sold your probate house and will be paid cash in the amount of the market value offer.
Evervest can also help you in other home-selling situations, including:
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If you are in a situation where you are telling yourself, “I need to sell my probate house,” you will have to decide how you want to sell. There are pros and cons to any option, but selling to Evervest offers a way to close the sale quickly, sparing you and your family members from a painful, drawn-out, anxiety-filled process. Remember that at Evervest, our cash offer for your home 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 a little easier for you and your family by selling the probate house to Evervest for cash now.
Sell My Probate House in Olivette, 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 Olivette, MO rapidly and for a competitive cash offer to Evervest Home Buyers. We are a local Olivette, MO home buying company. We know the Olivette, 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 Olivette, MO, reach out to us right away by calling us at 314-730-0366 or filling out the online form.