Sell My Probate House in Wildwood, MO
Sell My Probate House in Wildwood, MO. A death in the family is a painful and confusing time. In addition to confronting the emotions surrounding their death, you may be forced to confront legal issues, one of which invovles handling their estate in Wildwood, MO. This often entails a probate period. As the appointed executor or administrator of the estate, you may decide that you want or need to sell your probate house in Wildwood, 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 Wildwood, MO community for thirty years. We have been successful in helping countless Wildwood, MO families and individuals like you sell their probate houses and other Wildwood, MO properties quickly and for a fair cash value. If you or your family find yourselves in charge of a probate house in Wildwood, MO and need to sell, we are here for you. Talk to us about how Evervest can help you sell your probate house in Wildwood, MO by calling us today at 314-730-0366.
What is a Wildwood, MO Probate House?
Probate refers to the legal process required to transfer ownership of a property when 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 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. 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 capable relative.
However, in some cases you can avoid probate. Some types of property that are valued under a specific dollar amount can change hands into those of the beneficiaries without probate. Properties such as houses often must be handled via probate. However, there are some legal provisions that allow you to avoid the house having to go through probate and instead 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. 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 fairly divided among the surviving family members. Confused yet? You are in good company. Selling a house in probate is a complicated 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 difficult to navigate and very stressful.
Luckily, Evervest Home Buyers has experience handling probate house sales in Wildwood, MO and is ready to help you sell your Wildwood, MO probate house. We are familiar with the legal restrictions and requirements and can make sure you can sell your Wildwood, MO probate house successfully.
The Probate Process
Once you have the conscious thought, “I need to sell my probate house in Wildwood, MO,” you are likely to feel overwhelmed. In order to help manage the stress and anxiety of selling a probate house in Wildwood, 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. Expect the following when you sell your Wildwood, MO house in probate.
- 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 to determine the cash value.
- Any taxes and debts in the decedent’s name are paid.
- 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 Wildwood, MO
You can sell your probate house in Wildwood, 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 Wildwood, 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. There are generally multiple people affected by the sale of the probate house. You must inform anyone with an interest in the property that your plan is 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 so that everyone involved knows how much they can expect to receive from the sale of the Wildwood, MO probate house.
- Determine how to sell. This is where Evervest steps in to make the process of selling your probate house in Wildwood, MO much easier and quicker. 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 both options. 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 decide to sell to home buyers like Evervest, you can expect the sale to 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 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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When you find yourself saying, “I need to sell my probate house,” you will have to decide how you want to sell. There are always risks and benefits to any decision, but selling to our experienced probate home buyers means you can close the sale quickly, allowing you and your family members to receive payment quickly and avoid a painful, drawn-out, anxiety-filled process. Remember that at Evervest, our cash offer for your home 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 it easier for you and your family by selling the probate house to Evervest for cash now.
Sell My Probate House in Wildwood, MO Now | Evervest Home Buyers
When you realize, “I have 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 Wildwood, MO quickly and for a competitive cash offer to Evervest Home Buyers. We are a local Wildwood, MO home buying company. We are well-acquainted with the Wildwood, MO area and Greater St. Louis community, know how to deal 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 Wildwood, MO, get in touch with us right away by calling us at 314-730-0366 or filling out the online form.