Can a house be sold while in probate in Spokane WA?

Probate is the process of someone passing away and leaving the house or possessions to their beneficiaries.  When a person does pass away they leave loved ones assets they have accumulated over their lifetime. Sometimes the last will or the Testate is left behind by the person and in some cases it is not.

Whatever the situation is, the property will be reassigned to the heirs by a Judge in the court of law, this process is known as probate.

Sell House Fast Spokane Wa

Sometimes there are questions that arise, “can a house be sold while in probate in Spokane Wa?“, the answer to this question is extremely easy to answer. It can be sold during this process. The steps are extremely simple although very emotional for all who have just lost their loved one. As real estate investors in Spokane WA,  All American Home Repair 1776 does assist and advise sellers to go through the following steps and also suggests other investors check the procedures when they go for buying property on probate period in Spokane.

Can a home be sold while in probate in Spokane, Wa? Yes, but make sure you follow these steps first!

Property Appraisal

You can look for an appraiser in the local directory on Google or by contacting a real estate agent for some recommendations. With the help of the appraiser you can get the property correctly appraised.

As real estate investors, we are always looking to buy property and probate in Spokane Wa that has already went through the property appraisal process.

Obtain the Petition

During the process of selling a house during the probate period you will have to seek assistance from the courts. You will have to submit the petition form and provide all the needed information to the sale of the property in Spokane along with the methods of the sale.

Then with the help of the independent appraisal, fill out the form and wait for the approval from the court.

A real estate investor will only buy a property if it has completed the procedure of getting the petition and we do in fact make sure the seller (heirs) have gone through the petition process.

Place your Property for Sale

The next step in this process is to place your property up for sale. Make sure the buyer is informed about the matter that the house will in fact be sold after confirmation from the courthouse. Real estate investors will only buy the property that is up for sale after seeking the court petition. If the property that is up for sale matches these conditions then we may be able to take it off your hands.

Fill out the form to see if your Spokane property qualifies for a quick all cash offer.

Seek the Court for Confirmation

If you are the buyer of a probate house in Spokane, you will have to seek out the court for confirmation to confirm that sale of the property in Spokane. Generally, court hearings for probate take place within 20 to 40 days. Do not forget to make arrangements and take 10% 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 in Local Newspapers

You will want to advertise in local newspapers so that the public is informed about the sale of the property during the probate period. This allows open bidding for the others who are interested that way you get the best price for the house. So if you are seeking to buy property that are in the probate period in Spokane, you may take a chance and bid in the court hearing. We often find out about probate properties in the local newspapers.

Attend the Hearing

Make sure you attend the hearing of the court. This is a great place where buyers and real estate investors go to find probate properties. After the everything is said and done the buyer will have to present a cashier’s check after the bid is confirmed. 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.

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 Spokane, then we can help.

Fill out this form or give us a call at 1-509-596-1182 for a Fair Cash Offer

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