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What is “probate?”
According to Investopedia, the definition of probate is “the process completed when a decedent leaves assets to distribute, such as bank accounts, real estate, and financial investments. Probate is the general administration of a deceased person's will or the estate of a deceased person without a will.”
The word "decedent" refers to a deceased person and is legal jargon used by the courts, lawyers, and tax professionals.
Call We Buy Ugly Houses® at 866-200-6475
Selling a probate property in Atlanta, Georgia: Formal Probate
There are two types of probate sales in Georgia: informal and formal. Formal probate is necessary when there is a disputed will or complications with the heirs, and requires court involvement with a hearing or trial. If possible, try to work out disputes to avoid formal probate.
When selling a probate home that is complicated by disputes, it would be wise to hire a Certified Real Estate Probate Specialist (CPRES). This certification requires real estate agents to go through special training and pass a written exam and a skills test. Their knowledge and expertise are very much needed to navigate the unique legal steps, paperwork, and deadlines that a complicated probate sale entail.
Selling a probate property in Atlanta, Georgia: Informal Probate
An informal probate is much less complicated and costly. This is when the deceased has left a will that is not contested, or the deceased has not left a will but there is no disagreement between the heirs. In the case of an informal probate sale, there’s no need for the court to be involved.
Selling an informal probate property doesn’t require a real estate agent with CPRES certification. After you find and hire an agent, you will proceed as usual with the steps needed to put a house up for sale. If the house requires repairs and updates, these must be dealt with first, as well as performing a deep cleaning.
Photographs of the house must be taken for the MLS listing, and the house should be decluttered, depersonalized, and possibly staged. Any unwanted items from the process of decluttering and depersonalization should be disposed of, sold, or donated. Wanted furnishings and possessions can be divided by the heirs and removed.
How long it takes to sell the house depends on the local housing market and other factors.
Selling an inherited house “as is”
Often, the heirs of a house live far away and can’t oversee or coordinate all the steps involved with a traditional listing, such as repairs and getting the house ready to show. Since it is an emotionally difficult time, some heirs just want the sale to be taken care of as soon as possible and move on.
Selling an inherited house involves a lot of work and time that many folks would like to avoid. In these cases, there is a much better way to sell the property: Sell to We Buy Ugly Houses®.
Selling your house to us means:
- You don’t have to clean the property or make any repairs to the house.
- Unwanted items and furnishings can be left in the house—we will take care of them.
- Closing is fast, often done in as little as 3 weeks.
We make selling your house hassle-free.
Selling a probate property can be quick and easy. Simply call us for a free, no-obligation appointment at the house. One of our property specialists will ask you for a tour of the property and answer all your questions. Often, we can give you a fair cash offer on the same day. If you accept the offer, we will process the sale for a fast closing. If you need more time, we are happy to work with you on that.
You can depend on We Buy Ugly Houses. We have been in business for over [claim_years_buying] years and have an A+ rating with the national BBB. Our happy and satisfied sellers give us glowing reviews.
Give us a call at 866-200-6475 for a quick and easy solution to selling your inherited house.
