Selling a House in Probate
Real estate probate sounds complicated when it first passes through your ears. If you find yourself in charge of a probate sale in Houston, you may initially be overwhelmed. Most people don’t have experience going through probate, so naturally it could result in a lot of stress and questions. The best way to get through probate is to break it down step by step, starting with understanding what it is and is not. A few questions to start… what are the steps to selling a house in probate, what is a probate home and what does a probate sale look like?
A property may go through probate when someone dies (i.e. decedent). The decedent leaves behind property and assets that must be dealt with accordingly to their wishes The deceased likely left behind a will, appointing an executor to distribute assets as laid out in the will. Together, with one of the top probate lawyers in Houston and the local probate court, an executor sale should be handled in a legal manner. When it comes down to the probate sale process, there is much to do. This post will help inform you on the probate process.
Getting Started on Selling a House Under Probate
The probate house sale process could be complicated, especially when you consider the different parties involve. For example, when a property owner passes away, their assets are evaluated and reviewed by the local probate court. It is the probate court that ultimately approves the final ruling on the distribution of assets to the beneficiaries.
However, when an owner dies intestate (i.e. without a will), or without bequeathing their property, the court plays a much bigger role in the probate process. This is another reason one should not miss the opportunity to make a will.
