We buy houses in Somerset New Jersey and we offer cash for houses in NJ. Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases, it is not.
Whatever is the situation, the property is reassigned to the heirs with the court of law, and this extensive thorough process is known as probate.
Sometimes a question arises, “can a house be sold while in probate in Somerset NJ?“, and the answer is that it can be sold if simple steps are followed. As real estate investors in Somerset NJ, DNT Home Buyers advise sellers to go through the following steps and also suggests other investors check the procedures when they go for buying property while on the probate process in Somerset NJ.
Can A House Be Sold While In Probate In Somerset NJ? Yes, But Make Sure To Follow These Steps First!
Property Appraisal In New Jersey
With the help of the independent certified appraiser, a property can be appraised. You can very easily look for an appraiser in the local phone book or by contacting a real estate agent for their recommendations.
So, as real estate investors, we look for buying property on probate in Somerset NJ that has already sought property appraisal.
Obtain The Petition From The Court In New Jersey
When you are in the process of selling the inherited property during the probate period you have to seek probation from the court. So fill out the petition form and provide all the details related to the sale of the property in Somerset NJ along with mentioning the methods of sale.
Then with the help of the independent appraisal, fill out the form and wait for the approval from the court.
An investor only buys the property that has already completed the procedure of obtaining the petition, and we do look into the fact that the seller has gone through the process of obtaining the petition.
Place Your Somerset NJ Property For Sale
The next step is placing your property on sale. Be sure to inform the buyer about the matter that the property will be sold only after confirmation from the court as it is on probate. All real investors only purchase the property that is on sale after seeking a court petition. If your property matches these conditions then we might be able to take it off your hands.
Fill out the form to see if your Somerset NJ property qualifies for a quick all-cash offer.
Seek The Court For Confirmation In Somerset NJ
As a buyer, you have to seek the court for confirmation to confirm the sale of your property in Somerset NJ. Generally, hearings take place within a period of 20 to 40 days. Please do not forget to make arrangements and take 10 percent of the price from the buyer before the date of hearing from the court. As investors ourselves we tend to ensure the fact that the seller seeks the court for the confirmation soon.
Advertise In Local New Jersey Newspapers
Inform about the sale and advertise it in local newspapers. This is done so that the public is informed about the property sale during the probate period. It also allows open bidding for the other interested people so that the property gets the best price. So if you are seeking to buy property on the probate period in Somerset NJ, you can bid in the court hearings. We often come to know of good property on probate through the local newspapers.
Attend The Hearing In Somerset NJ
Attend the hearing of the court. This is the place where bids are done and homebuyers in New Jersey and real estate investors come for bidding. After the final agreement is done the cashier’s check is given to court after the bid is confirmed. If there is a new buyer, refund the money of the previous buyer and take the deposit of the buyer after the confirmation has been given by the court. We tend to always pay some money as a deposit of the original price, to the court after the contract has been confirmed.
Sell My House In Somerset NJ
After this, you can complete the contract with the buyer after the above-written steps. Real investors look for property that follows all the procedures and abides by the rules of the court.
If you want to sell your house in NJ to a REAL investor, then we can help. We’re professional Somerset home buyers and we’ll quote you a fair all-cash offer for your property.