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Understanding Probate and Property Ownership
Understanding Probate and Property Ownership
Probate is the legal process of verifying a will, paying off debts, and distributing a deceased person’s assets. If you’ve inherited a property, you must go through probate before taking full ownership or selling it. However, the specific rules regarding selling a house in probate depend on your state’s probate laws and whether the property is classified as a probate asset or a non-probate asset.
A probate asset is any property solely in the deceased person’s name at the time of death. This type of property must go through probate before it can be legally transferred or sold. A non-probate asset, on the other hand, is any property with a designated beneficiary (such as a life insurance policy or a joint tenancy property) that automatically transfers to the beneficiary without court approval. If you’re unsure about your probate situation, learn how probate works to better understand your next steps.
What Homeowners Are Saying
Homeowners across Maryland have trusted ACE HomeBuyers, LLC to make their sales simple and hassle-free. Here’s why they recommend us.
Brett is an exceptional man with intelligence, honesty, foresight, vision and best f all LOYALTY! I have been a Realtor since 1998 and have never been fond of the investment buying process until Brett! I love working with him as his Realtor. I am so honored that he chose myself to do this job and I am so excited for the years to come!
Michele Michael
I am so happy to have found Tyler and Brett at ACE. In a world where everyone is out for themselves, these men are both a breath of fresh air. They are upfront and honest and made our transaction so seamless and easy. Very easy to work with and I will 100% recommend them to others and do business with them again, given the opportunity.
Olga Michaelidis
Calling Ace Homebuyers was the best decision I made when looking to help sell my parent’s house. Tyler and Brett are not only very professional, but they made the process super easy. They took care of everything. After my Dad passed away, we need to move my mom closer to my siblings. This required us to sell the house that my parents spent 41 years in.
Jeffrey Mogus
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Can You Sell a House While It’s in Probate?
Can You Sell a House While It’s in Probate?
Yes, you can sell a house in probate, but the process is different from a traditional home sale. Since the probate court oversees the distribution of assets, you must follow specific legal procedures before selling the property. Typically, this involves:
- Appointing a Personal Representative – The probate court will designate an executor or administrator to manage the estate and oversee the sale of the property.
- Getting the Court’s Approval – Some states require the court’s permission before selling a probate property, while others allow the personal representative to handle the sale directly.
- Listing and Selling the Property – Once approval is granted, the house can be sold through a traditional sale, an auction, or to a cash buyer.
To simplify the sale, many homeowners choose to sell to a cash buyer. This eliminates the need for repairs, lengthy inspections, and drawn-out closing periods. If the inherited home requires major renovations, consider selling distressed properties to avoid costly repairs before selling.
Steps to Selling a Probate House
Selling a probate house requires following key steps to ensure compliance with legal and financial obligations:
- File for Probate – Open the estate through the probate court.
- Appoint an Executor – The court designates a personal representative.
- Get the Property Appraised – Establish the home’s fair market value.
- Seek Court Approval – Depending on your state, approval may be required before selling.
- Sell the Property – List traditionally or sell directly to a cash buyer.
If you want to skip the complexities and delays of the traditional probate sale process, selling to a cash buyer may be the best solution.
Why Selling to a Cash Buyer is the Best Option
Why Selling to a Cash Buyer is the Best Option
A probate property can be difficult to maintain, especially if you’re paying property taxes, mortgage payments, or upkeep costs while waiting for the probate process to conclude. Selling to a cash buyer simplifies the process, allowing you to close quickly and avoid additional expenses.
Here’s why many homeowners in probate choose to sell for cash:
- Fast Closings – Cash buyers can close in as little as 7–14 days, avoiding delays.
- No Repairs Needed – Sell the home as-is without making costly updates.
- No Realtor Fees – Save money by eliminating commissions and closing costs.
Additionally, if the house has been sitting vacant for an extended period, it may be more practical to sell vacant homes to prevent ongoing maintenance expenses and security risks.
How The ACE HomeBuyers, LLC Simplifies the Probate Process
At ACE HomeBuyers, LLC, we specialize in buying probate properties and making the house-buying process as seamless as possible. Here’s why homeowners trust us:
- Quick Sales: We close in as little as 7–14 days.
- No Repairs or Cleaning Required: Sell your probate house as-is.
- Fair Cash Offers: No hidden fees or surprises—just an honest offer.
- Stress-Free Process: We handle all legal details and paperwork.
If you’re managing a property that has become too costly to maintain, selling for cash may be the fastest way to move forward.
Sell Your Probate House Fast
If you’re ready to sell your probate property without delays, ACE HomeBuyers, LLC can make the process simple. Whether you need to cover expenses, avoid a prolonged probate process, or settle the estate quickly, we can provide a fair cash offer and close on your timeline. Call us at 443-330-7790 or fill out our online form to get started. If your property has been sitting empty, selling to a cash buyer can help you avoid further complications and financial burdens.
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