Are you different from a real estate agent?

Yes, we provide faster options to liquidate your inheritance including a cash offer or a seller finance opportunity. 

If listing the property is best for you then we can facilitate that as well. 

What is Seller Financing?

Seller financing is a real estate arrangement where the seller provides a loan to the buyer to cover the purchase price. Instead of borrowing from a bank, the buyer makes payments directly to the seller, who retains legal ownership of the property until the loan is paid off. This method can offer flexible terms, quicker transactions and additional profit for the seller.

Can I sell before probate is granted?

The short answer is, it depends. It can get complicated, and there are too many details and variables to try to explain here. But the good news is, we are here to help. We’ll work with you and determine what the options are in your case. Once we’re clear on the details, we can make a recommendation.

Do I have to make repairs and improvements to my inherited property?

No, we buy your property “as-is”. There’s no need for you to make any improvements or repairs. Unless you decide to put it on the market. 

How long does it take to get my money?

The sale is closed on your terms. We’ll work with your timeline. If you want to receive the cash fast, or need to close on a certain date then contact us today.

If you opt to list it on the market, the selling process can take up to four months or longer. We can provide a more accurate timeline once we assess the property for a market sale versus an investor sale

 

Do I have to pay any fees or commissions if I sell to you?

No, you’re selling directly to us. As there are no agents or middlemen involved in the process you won’t have to pay any fees or commissions. You don’t have to pay anything out of your pocket. You’re saving thousands of dollars in fees when selling to us and the price we agree on is the cash that you actually receive.

Is your buying process complicated?

No, the deal is closed in just a few simple steps.

First, get in touch with us and tell us about your probate property. after viewing it, we’ll come up with different options for you within 72 hours. 

There’s no obligation. If you accept the offer we’ll draw up a purchase agreement and send it to your attorney. 

Once the title and municipal (City’s report) documents are received, your attorney will arrange the closing. At that point, you can choose to receive your funds either by check or bank transfer

Am I obligated to sell my inherited property, if I request a cash offer?

No, not at all. If you decline our offer, that’s fine. An offer is not binding and you don’t have to accept it. Our process is risk free. We also invite you to call us if you ever change your mind in the future. We are always here to help. 

How much will my inherited property sell for?

The selling price of your inherited property is contingent upon the market value determined during our in-person evaluation. Both cash and financed offers are typically based on the condition of the house in comparison to market value, which is determined by comparable sales (comps). Our offer will include a comprehensive value report on your home.  

What is a Personal Representative?

The Personal Representative, also known as the Executor (if male) or Executrix (if female), is appointed by the will of the deceased individual to manage their estate and oversee the distribution of assets to designated entities outlined in the will. Unless there’s a valid objection or the designated person declines the role, the probate judge typically appoints the individual named in the will as the Personal Representative

How long is the probate process?

The duration of the probate process can vary due to numerous factors, but a rough estimate is around six months. However, it’s important to note that it often extends beyond this timeframe. Various factors can contribute to delays in completing the process. Your attorney can provide further details and address any concerns regarding potential delays.

Where is Probate handled?

The probate process occurs in the appropriate court of the State and County where the deceased resided permanently at the time of death. This court may be referred to by various names, such as “probate court” but in New York, it’s known as the Surrogate’s Court. Check out our Probate information Tab for general information for the Surrogate’s Courts in Queens, Brooklyn and Manhattan. 

Can I handle probate without a lawyer?

Although there’s typically no legal mandate to hire a probate lawyer, the probate process is highly formal and any minor oversight can lead to significant delays or legal complications. For instance, neglecting to provide copies of the petition or missing a deadline can halt proceedings or expose individuals to liability.

The passing of a family member frequently evokes intense emotions, and even within close-knit families, disagreements over seemingly minor matters like who receives specific household items can emerge

Given these complexities and potential conflicts, it’s generally advisable to enlist the expertise of a probate lawyer to navigate the process smoothly and ensure that all legal requirements are met.

Do you have a different question?

Contact us and we’ll get back to you with an answer.