Probate Real Estate


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When you lose a loved one, the last thing on your mind is what to do with their home and belongings. Often, there is a fight in the family over who gets what, especially if there wasn’t a will left. This can leave your family in disarray and chaos for months. Many times, it leaves family members disenfranchised for years.

Inherited property problems can range from the simple to the complex:

Wills are normally some of the easiest inheritance issues to deal with. The owner of the property divides it and directly names the person to inherit each item or property. The will goes into probate.

Probate is where the will is proven valid, and the property retitled and redistributed as determined by the will. During the process creditors are notified and paid, executor of the will named, property sold to balance the distribution of assets, and distribution costs taken out. The probate process can be rather quick or rather lengthy depending upon the size of the estate, the work required to split all the assets, and find all the heirs.

Title problems can happen when the property is supposed to go to one individual, but the house may not have had a clear title. This causes complications. Any lien holders or creditors may stake their claim to the property. This requires a specialized attorney to review the title and all claims.

Multiple heirs tend to be very hard to work out. Everyone wants the property, but they don’t want to share it nor do they want to pay for the upkeep of it. In addition, everyone is confused as to who is supposed to pay the taxes on it. These issues keep mounting up till someone gets mad or the property gets sold.

It doesn’t matter what your family’s inheritance is. We Buy Ugly Houses can help you through the process of inheriting as well as legal issues, and we will gladly look at your inherited property.  In most cases, we can make you an offer the same day make you a quick cash offer so that you can move on with more important issues. It doesn’t matter what condition your inherited real estate property is in. We will look at your property, compare it to the local market, and give you an honest, fair offer for it.

If you have an inherited property you need out of quickly, visit us at WeBuyUglyHouses.com.

 

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