A Simple Guide to Probate
We’ll hold your hand through each step, cover all probate costs, and purchase the home from you at a mutually agreed upon price once the process is complete.
A Simple Guide to Probate
We’ll hold your hand through each step, cover all probate costs, and purchase the home from you at a mutually agreed upon price once the process is complete.
Ready to get started or have questions about the probate process?
Contact us today for a no-obligation consultation. Let us handle the details while you focus on what matters most.
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Probate is the legal process that occurs after someone passes away, involving the validation of the will (if one exists), inventorying assets, paying debts and taxes, and distributing remaining assets according to the will or state law if there’s no will. We understand that probate can be overwhelming, especially during such a difficult time. That’s why we’re here to guide you through each step, covering all probate costs and providing support along the way. Once probate is complete, we’ll buy your home directly from you – no hassle, no extra fees, at a mutually agreed-upon price – so you can focus on what truly matters.
1.
Filing the Will (or Petition for Probate)
What happens: The process begins by filing the deceased person’s will or, if there’s no will, a petition to start the probate process. Your Role: We’ll be with you from the start, guiding you through the legal process and ensuring everything is filed correctly.
2.
Appointment of Executor/Administrator
What happens: The court will appoint an executor (if there is a will) or an administrator (if there’s no will). Your Role: Whether you’re the executor or not, we’ll be here to offer guidance and ensure the process moves forward smoothly.
3.
Notifying Creditors
What happens: The executor notifies creditors of the deceased’s passing so they can make any claims against the estate. Your Role: We will help you handle creditor notifications and assist with any related concerns.
4.
Inventory of Assets
What happens: All assets, including the home, are inventoried and appraised to determine their value. Your Role: If the home is part of the estate, we can offer an appraisal and begin discussing how we can buy the property directly after probate.
5.
Paying Debts and Taxes
What happens: The estate’s debts and taxes are paid using estate assets, including the sale of property if needed. Your Role: We will cover all probate costs, including those associated with the house, and help ensure a smooth process.
6.
Distributing the Remaining Assets
What happens: After debts are settled, the remaining assets are distributed according to the will or state law if there is no will. Your Role: Once probate is complete, we will buy the home directly from you at a mutally agreed upon price, hassle free.
7.
Closing the Estate
What happens: Once all debts are paid and assets distributed, the executor can file to close the estate. Your Role: We will finalize the purchase of the home, completing the process and making sure everything is taken care of.
As the executor or beneficiary, your responsibility is to manage the estate and ensure all necessary steps are completed.
What is Your Role?
What happens after probate is complete?
When can I sell the home?
How do I know what the Agreed Upon Price is?
What is Local Probate's Role?
How do we cover probate costs?
Why should I sell my home through you?
streamline the probate process by purchasing your home directly, so you can avoid the hassle of real estate agents, open houses, and unnecessary complications. With us, there are no commissions, no repairs needed – we buy your home as-is.