Probate is the process of reassigning the property to the beneficiaries designated in a will after a person passes away. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases it is not. Whatever is the situation the property is reassigned to the heirs with the court of law and this extensive thorough process is known as probate.
Sometimes a question arises, “can a house be sold while in probate in San Antonio, TX?“, and the answer is that it can be sold if simple steps are followed properly. As real estate investors in San Antonio TX, Capstone Homebuyers advises sellers to go through the following steps and also suggests other investors check the procedures when they go for buying property in the probate period in San Antonio.
Can a house be sold while in probate in San Antonio, TX? Yes, but make sure to follow these steps first!
With the help of the independent certified appraiser a property can be appraised. Often times, this is optional but in certain cases, the court will mandate this step. You can very easily look for the appraiser in the local phone book or online. This step will help ensure you receive a fair price for your inherited property.
Seek the Help of a Probate Attorney
A good probate attorney will walk you through the probate process and simplify everything for you. They will handle all of the necessary paperwork with the probate court and be your advocate in being free from judicial oversight. This will make the process of selling your property easier and faster.
Obtain the Petition
When you are in the process of selling the property during the probate period you have to seek for probation from the court. So fill out the petition form and provide all the details related to the sale of the property in San Antonio along with mentioning the methods of sale. This is typically handled by an attorney. Then with the help of the independent appraisal fill the form and wait for the approval from the court for selling your property… 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 petition.
Place your Property for Sale
Next step is placing your property on sale. 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.
So after this you can complete the contract with the buyer after the above written steps. Real investors look for property that follows all the procedures and abides by the rules of the court.
If you’re looking for a REAL investor to buy your property in San Antonio, then we can help.