Have you been named the Personal Representative, Executor, or Special Administrator of the estate of a recently passed family member or friend? We can help you pay off the creditors and attorney fees in order to close out the estate. We provide an option to sell any real estate in any condition, as-is, in as little as 7 days. Call us today at 864-528-6202 to see how we can help.
The Probate Process
The Probate process typically begins before the property is ever sold and has five steps.
1. Filing the petition.
Probate is initiated by a petitioner – typically the named personal representative in the will, or by a family member or close friend in the event of the deceased not leaving a will at which time the court will appoint a Personal Representative or Executor to oversee the estate.
2. Notice to creditors and beneficiaries.
The Personal Representative notfiies anyone with an interest in the estate, typically through a series of notices in a court approved business journal or newspaper.
3. Payment of the Estate’s debts, taxes, and expenses.
Debts are not forgiven upon death – they must be paid before you inherit any of the proceeds from the estate. Probate property is commonly used to satisfy the debts owed.
4. Title of property transferred in accordance with the will.
Once all debts are satisfied, the Personal Representative petitions the court to transfer remaining assets to beneficiaries in accordance with the will. If no will is on file, assets will be distributed according to local inheritance laws.
5. Closing the estate.
The estate is formally closed with a final account, distribution, and a final hearing with notice to all parties.
Take As Much or As Little as You Want
Many houses that need to go through the probate process are outdated and contain a lifetime of personal contents. Our buying process allows you to take as much or as little as you want from the property when you sell to us. Don’t want anything? No problem – we will take care of cleaning out the house. Need time to sort though all the belongings? No problem – we can extend the closing date to allow as much time as you like – you decide. Our primary focus is to make sure that you feel at ease with the end result while being able to take care of any and all estate expenses with minimal stress.
We Will Work with Your Attorney
The last thing we want to do is cause more stress during this time. If it is easier for you, we will gladly work with your attorney to ensure we are acting in accordance with any specific instructions found in the will as well as local laws.