We buy houses in Washington DC. The answer to the commonly asked question “Can a house be sold while it is in probate in Washington DC” is “Yes.” We are your local Washington DC home buyers and we offer cash for house in Washington DC.
However, you must carefully adhere to your states rules and regulations. The probate court will monitor your steps carefully and all aspects of the sale. If you’re the executor, you must monitor and approve all the terms of the sale. The probate process can be complex but understanding it beforehand can make things smoother.
Can A House Be Sold While In Probate In Washington DC?
With the help of the independent certified appraiser, a property can be appraised. You can very easily look for an appraiser in the local phone book or by contacting a real estate agent for their recommendations.
So, as real estate investors, we look for buying property on probate in Washington DC that has already sought property appraisal.
Obtain the Petition
When you are in the process of selling the property during the probate period you have to seek probation from the court. So fill out the petition form and provide all the details related to the sale of the property in Washington DC along with mentioning the methods of sale.
Then with the help of the independent appraisal, fill out the form and wait for the approval from the court.
An investor only buys the property that has already completed the procedure of obtaining the petition, and we do look into the fact that the seller has gone through the process of obtaining the petition.
Place your Property for Sale
Next step is placing your property on sale. It is important to prepare your home for sale, and be sure to inform the buyer about the matter that the property will be sold only after confirmation from the court as it is on probate. All real investors only buy the property that is on sale after seeking court petition. If your property matches these conditions then we might be able to take it off your hands.
Seek the Washington DC Court for Confirmation
As a buyer, you have to seek the court for confirmation to confirm the sale of your property in Washington DC. Generally, hearings take place within a period of 20 to 40 days. Please do not forget to make arrangement and take 10 percent of the price from the buyer before the date of hearing from the court. As investors ourselves we tend to ensure the fact that the seller seeks the court for the confirmation soon.
Advertise The Probate House In Local Newspapers
Inform about the sale and advertise it in local newspapers. This is done so that the public is informed about the property sale during probate period. It also allows open bidding for the other interested people so that the property gets the best price. So if you are seeking to buy property on probate period in Washington DC, you can bid in the court hearings. We often come to know of good property on probate through the local newspapers.
Attend the Hearing For The Probate Property
Attend the hearing of the court. This is the place where bids are done and buyers and real estate investors come for bidding. After the final agreement is done the cashier’s check is given to court after the bid is confirmed. If there is a new buyer, refund the money of the previous buyer and take the deposit of the buyer after the confirmation has been given by the court… We tend to always pay some money as a deposit of the original price, to the court after the contract has been confirmed.
As you can see, there are some complicated rules for selling a house while in probate. It is advised to consider contacting an attorney for more specific help.
We Buy Washington DC Houses
We buy houses in DC. If you think you need to sell your house in DC fast, then you may need us. The House Guys is a local cash home buyer in Washington DC, and we’re helping local homeowners have a quick and hassle-free sale. If your Washington DC house qualifies, we can make you a quick and fair cash offer.