Can a house be sold while in probate in Philadelphia | Probate real estate

selling a house while in probate in Philadelphia PA?

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 is not in some cases. 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 Philadelphia, Pennsylvania?” and the answer is that it can be sold if simple steps are followed. As real estate investors in Philadelphia, Pennsylvania, Buying Property 215 advises sellers to go through the following steps and suggests other investors check the procedures when they buy the property during the probate period in Philadelphia. As real estate investors in Philadelphia, Pennsylvania, Buying Property 215 advises sellers to go through the following steps and suggests other investors check the procedures when buying property in probate in Philadelphia. {Can a house be sold while in probate in Philadelphia | Probate real estate}

Can a house be sold while in probate in Philadelphia, Pennsylvania? Yes, but make sure to follow these steps first!

Property Appraisal

With the help of an independent certified appraiser, a property can be appraised. You can very quickly look for an appraiser in the local phone book or contact a licensed realtor for their recommendations.

So, as real estate investors, we look for buying property on probate in Philadelphia Pennsylvania that has already sought property appraisal.

Obtain the Petition

When you are selling 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 Philadelphia along with mentioning the sale methods.

Then with the help of the independent appraisal, fill out the form and wait for approval from the court.

An investor only buys the property that has already completed the procedure of obtaining the petition. We do look into the fact that the seller has gone through getting the petition.

Place your Property for Sale

The next step is placing your property on sale. Be sure to inform the buyer that the property will be sold only after confirmation from the court as it is in probate. After seeking a court petition, all real investors only buy the property on sale. If your property matches these conditions, we might be able to take it off your hands.

Fill out the form to see if your Philadelphia property qualifies for a quick all-cash offer.

Seek the Court for Confirmation

As a buyer, you have to seek the court for confirmation to confirm the sale of your property in Philadelphia. 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 that the seller seeks the court for the confirmation soon.

Advertise in Local Newspapers

Inform about the sale and advertise it in local newspapers. This is done to inform the public 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 probate period in Philadelphia, you can bid in the court hearings. We often know of suitable property on probate through the local newspapers.

Attend the Hearing

Attend the hearing of the court. This is where bids are made, and buyers and real estate investors come for bidding. After the final agreement is done, the cashier’s check is given to the court after the bid is confirmed. If there is a new buyer, refund the previous buyer’s money and take the buyer’s deposit after the court has given the confirmation… We tend to always pay some money as a deposit of the original price to the court after the contract has been confirmed.

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 court’s rules.

If you’re looking for a REAL investor to buy your property in Philadelphia, then we can help.

Please fill out this form or give us a call at 215-359-6090 for a Fair Cash Offer

Buying Property 215

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