Sell Your Probate Property For Quick Cash Or Cash Flow!
Probate and quick are two words that normally don't go well together. You see probate is the legal process used when a person dies to transfer ownership of assets. It takes as long as needed to complete the process. The assets of their estate are distributed to the heirs after all creditors have been paid. It is common for property to be sold to help pay debts.
Estate sale property decisions are made based on: the estate's need for cash the need for debt relief the condition of the property the location of the property the mortgage balance the current housing market
The Estate Executor or Administrator is responsible for collecting all of the assets and liabilities of the estate.If you have been designated by the Probate Court as an Executor or Administrator, you will receive a Letter of Testamentary (when there is a Will) or a Letter of Administration (when there is no Will). This letter gives you the authority to liquidate assets as needed to pay the debts and satisfy the heirs. Dealing with probate matters will make you quickly understand why "time is money".
You will face all kinds of expenses like: Mortgage payments Taxes and insurance Maintenance costs Security Utilities Vandalism Legal fees
Money that should go to the heirs of the estate can very quickly evaporate into monthly expenses. It is not unusual for probates to take between 18 and 24 months to complete. Can you see why it is important to get your cash as quickly as possible?To make matters worse, the current housing crisis can make a difficult situation even worse. According to the National Association of Realtors, there are thirteen months of unsold housing inventory on the market right now! You also get to compete with that! Guess what? There is another wave of foreclosures coming from the Alt-A option ARM mortgages in 2009 and 2010! Add to that the foreclosures that were suspended during the government's housing stimulus plan implementation. Do not forget that property values have been dropping like a lead balloon all over the country! In some markets the values have dropped more than 50% from their previously inflated prices.
In a nutshell, property sales are very challenging right now. The combination of inflated housing inventory and deflated property values is a big deal. Add to that your challenges with the probate requirements. Think you might need some special help to get through this? If you have a probate property to sell, maybe we can help. -We are property buyers that are looking for good deals. That can solve your problem. We are looking for properties exactly like the one you may have. A good deal will mean a property that is available substantially under market value in return for all cash. How much of a discount depends on the condition of the property, the location, and the market conditions.
-If your property meets our requirements we can close and get your cash very quickly. That means we are cash buyers. We have the money, the ability, and the motivation to close the sale very quickly. Closing can be completed within days instead of months. -We will buy your property "As-Is". That means you do not have to make repairs to the property before we buy it. You will save money, time, and get peace of mind. -You do not have to deal with tenants. If you have tenants, there is no need for you to concern them with the sale of the property until it is done. We will handle all of the details. -If cash will not work, we may offer a cash flow arrangement.That means if a cash sale is not possible, we may still offer a solution that is custom designed for your situation. Although it may not be a cash solution, the heirs can have a source of cash flow not normally available to them. Call it passive income. In addition the estate gets debt relief for the property.
We Want To Make You An Offer!To get an Offer to Buy your property just fill in the form below to begin the process. Be sure to submit the property address of the "for sale" location. Loan balance and terms should include:
N = Number of loan months, 360, 300, 240, etc. on your loan (if any) I = Interest rate and type (fixed rate, adjustable rate, option ARM, etc) PV = Original loan amount (and date of the loan) PMT = monthly payment
If the property is Free and Clear of a mortgage, just enter "NA" in each field.
Probate property sales can create very motivated sellers. Click here to see if you are a truly motivated seller.
NO BANKS NEEDED WHEN YOU SELL OR BUY!!

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