Sell My Probate House in University City, MO
Sell My Probate House in University City, MO. A death in the family is a painful and confusing time. On top of reconciling your complex emotions related to their death, you may be forced to confront legal issues, one of which includes handling their estate in University City, MO. To do this, you usually have to enter a probate period. If you are in charge of the estate, you may find that you want or need to sell your probate house in University City, MO. Managing a probate house sale can be overwhelming, but working with an experienced probate house buyer like Evervest can help make this time easier on you.
Evervest Home Buyers has been a fixture in the University City, MO community for thirty years. Throughout our existence, we have helped many University City, MO families like yours sell their probate houses and other University City, MO properties quickly and for a fair cash value. When you become involved with a probate house in University City, MO and need to sell, we are here to help. Discover how we can help you sell your probate house in University City, MO by giving us a call at 314-730-0366.
What is a University City, MO Probate House?
Probate refers to 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–names an executor to manage the estate in their will, that individual will take 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 provide a legally applicable will specifying an executor, the state will appoint an administrator to take charge–almost always the closest capable family member.
There are certain cases in which the probate period can be avoided. Some types of property that are valued under a specific dollar amount can change hands into those of the beneficiaries without probate. Most houses, though do enter probate. However, certain legal arrangements made prior to the family member’s death can keep the house from entering probate and alternatively allow individuals to take immediate legal ownership of the house. Examples of this are joint ownership with the right of survivorship, revocable trusts, and transfer on death (TOD) deeds. Probate laws and regulations vary by state. Missouri’s probate laws for houses and other properties can be found here.
To sum up, 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 can be daunting and difficult. Probate laws are meant 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 difficult to navigate and very stressful.
Fortunately, the team at Evervest Home Buyers has experience buying probate houses in University City, MO and is ready to help you sell your University City, MO probate house. We understand the legal requirements and procedures and can make sure you can sell your University City, MO probate house successfully.
The Probate Process
Once you have the conscious thought, “I need to sell my probate house in University City, MO,” you are likely to feel overwhelmed. In order to help manage the stress and anxiety of selling a probate house in University City, MO, it helps to become familiar with the steps of the process and what to expect.
Selling a house in probate differs from a typical home sale in that the state probate court oversees the entire process. When you sell your University City, MO house in probate, you will go through the following process.
- The will is authenticated by the court. If there is no executor named, the court will name an administrator.
- All probate property of the decedent must be found, collected, and secured.
- 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 as specified in the will or, in place of a will, according to state law.
Selling My Probate House in University City, MO
You can sell your probate house in University City, MO. However, because the court supervises the entire probate process, you must take extra care to ensure that you sell your probate house according to Missouri state probate laws. When you are the executor or administrator of the University City, MO probate property, you must follow steps to ensure that you sell the probate house the right way. After the will is 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. It is your responsibility to inform anyone with an interest in 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 University City, MO probate house.
- Decide how to sell. This is where Evervest steps in to make it much easier and faster for you to sell your probate house in University City, 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. You will have to weigh 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 decide to sell to home buyers like Evervest, the sale will be closed in under 30 days and frequently in only one or 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 risks and benefits to any decision, but selling to Evervest means you can close the sale quickly, sparing you and your family members from a painful, drawn-out, stressful 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 easier for you and your family by selling the probate house to us for cash now.
Sell My Probate House in University City, MO Now | Evervest Home Buyers
When you realize, “I have to sell my probate house,” pick up the phone and call Evervest. During a time that is already difficult for everyone involved, spare you and your family members and sell your probate house in University City, MO in a timely manner and for a fair market value offer to Evervest Home Buyers. We are a local University City, MO home buying company. We are well-acquainted with the University City, MO area and Greater St. Louis community, know how to deal with the probate home selling process, and, most importantly, are dedicated to paying you a fair cash price for your house. When you are ready to sell your probate house in University City, MO, reach out to us right away by giving us a call at 314-730-0366 or filling out the online form.