Buying and selling real estate is big business in any economy. Understand that real estate transactions can be complicated! Especially when it comes to selling an inherited house that is caught up in the probate process. This is especially true if the prospective buyer and seller don’t understand the probate process for a house in Murfreesboro, TN.
What Is Probate?
A probate is a legal way of the courts dealing with the property of a person that has passed and did not leave a will. Even if a will was left it has to very clearly spell out what should be done with the property. If the will is not clear enough for the courts to accept, you will still be required to go thru the probate process… These proceedings take place in probate courts.
How To Begin The Probate Process For A House In Murfreesboro
When a person dies, usually the closest next of kin hires an estate attorney. The attorney goes in front of the judge and recommends who is to be the Executor of the estate. Next step is for the attorney to publish in the local newspaper a Notice To Creditors. This starts the probate period which lasts for 120 days. This is to give notice to the general public that if they have a financial claim against the estate, now it the last chance to submit that claim.
When Can I Sell A House In Probate?
The probate house can typically be sold after two time periods have expired 1) six months after date of death of the property owner 2) after the 120 day probate period during which claims have to be submitted against the estate has expired. Once this process is complete, the estate attorney can present to the judge any offers the Executor has chosen. In most cases if the estate is solvent (has enough money to cover all debts) the judge will grant permission to sell the house. In this case, we would suggest you choose Provision Homes, LLC to purchase your property because, as you can see from our website we have not only given the best deals on probate property in TN but also on short sales!
Want To Sell Your Probate House In Murfreesboro Fast (and securely)?
The problem with selling an inherited house is that often times the house hasn’t been maintained or updated along the way.. or is full of items that nobody really wants.. This often times rules out listing with a local agent since most buyers want a move in ready house. That leaves the Executor having to deal with the stress of getting rid of all the stuff, then the contractors and repairs all the while having to keep the property bills paid..
However, there is a faster, easier way to get this done. We are cash buyers who will buy your house as-is. Feel free to leave behind whatever you or the other heirs chose not to keep. If the property is solvent we have even been successful in buying the property BEFORE the 120 day probate period expires.
We have been in this industry for years, and our reputation speaks for itself. If you are interested in selling your house the easy, hassle free way then contact us through our website form or give us a call at (615)-310-1909. If we don’t answer when you call, I guarantee we will call you back that day. We are always here to help walk you through the probate process for a house in Murfreesboro. We look forward to speaking with you.