Hello, everyone. I wanted to make this video today. We’re getting a lot of questions regarding the probate process. What happens when you inherit a home through probate? How do I sell a house fast in probate in Omaha or Council Bluffs? What do I have to do or not do when I have a house in probate? So what I thought I’d do is explain the probate process and let you know what we do if there’s a house involved in probate and how we may or may not be able to work together. The probate process can be very, very confusing, very stressful, and overwhelming. It’s something that we don’t deal with on a daily basis nor do we want to deal with it on a daily basis. But at times, we just have to.
Many people don’t know what to expect or how a house in probate is going to be handled. The process does vary from state to state, but there are a few basic things that you can count on. The best situation that could be is if there is an executor for the will and it’s all spelled out clearly from the deceased. If there’s no will, it’s called in testate. What that means is that the courts are going to go through and appointing an executor to the will. Creditors will be notified. Estates can be tied up for months in courts, just sorting out all the bills, sorting out the heirs or the beneficiaries to the deceased. So there’s a lot of things that need to be decided there. The court will handle all the claims against the estate. They’re going to deem whether the claim is valid or not valid. Once the claims are all cleared up and deemed valid by the court, the court will then distribute the leftover portion of the estate to the heirs.
In the meantime though, the executor is going to have to identify all the living heirs to the deceased and then the court will decide who if any one of the living heirs and what they have entitled to them from the deceased. The executor will also be responsible for accounting for all of the assets of the deceased from bank accounts, investment accounts, personal property, vehicles, houses, any type of asset that the deceased has to be accounted for.
So that’s the probate process in a nutshell. Where we come in, Harter Investments, we’re a cash home buyer in Omaha, Lincoln, Council Bluffs and the surrounding area. And we work with a lot of these estates and executors that have a property that’s been inherited through the probate process and actually buy the home. It is very expensive to hold onto a house. You have taxes, insurance, utilities, upkeep, so many people want to try to get rid of a house they inherited through the probate house as soon as possible without putting any additional money into the house.
We can come in, look at the house. We offer a fair cash offer to the seller, and then they decide whether they would take that offer or not. And then after that, if that’s the case, we’d go to a closing company to do the title work. We can close as fast as the heirs would want to or we can even wait to give them time to go through the house, let them see what they want to keep and not keep. We always encourage them, take what you want, leave the rest and we’ll make arrangements to get rid of the rest of any things that are left in the house. So once that’s done, we can close on the house. They don’t have to make any repairs, no commissions or closing costs to be paid. We can write them a check. They’re happy. They walk away, and then we take over the house.
It’s a very, very seamless process if that’s something that you would be interested in doing. If you have inherited a house or taken over a house through probate, please reach out to us if you have any questions. My name is Cory. I’m with Harter Investments. If you want to sell your probate house fast in Omaha or Council Bluffs, or if you just have a house to sell fast and you want to sell your house fast in Omaha or Council Bluffs or the surrounding area, reach out to us. You can reach me at (402) 939-6556 or cory@harterinvestments.com. Please feel free to reach out to us. I look forward to possibly speaking with you in the future. Have a great day.
