If you’ve inherited a house, you may have first hand experience of the confusion that sometimes comes along with it. As if this wasn’t a hard enough time already! Sometimes a question arises, “can a house be sold during probate in San Antonio, Texas?“, and the answer is that it can be sold if a few steps are followed. As real estate investors in San Antonio, Sell My San Antonio House suggests that sellers to go through the following steps. And of course, always consult with your attorney.
Can a house be sold during probate in San Antonio? Yes, but make sure to follow these steps first!
With the help of a certified appraiser, a property can be appraised. An appraisal is just a licensed expert’s opinion of the value of a home. You can very easily look for an appraiser online or by contacting a real estate agent for their recommendations.
Obtain the Petition
When you are in the process of selling the 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 San Antonio 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.
Pro Tip: An investor only buys a property that has already completed the procedure of obtaining the petition.
Place your Property for Sale
Next, put the house on the market! 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 buy the property that is on sale after seeking court petition. If your property matches these conditions then we might be able to take it off your hands.
Fill out the form at the bottom of this page to see if your San Antonio house 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 San Antonio. Generally, hearings take place within a period of 20 to 40 days. Please do not forget to make arrangement 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.
Inform about the sale and advertise it in local marketplaces such as Craigslist, an app, or the Facebook marketplace. This is done so that the public is informed about the property sale during 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 San Antonio, you can bid in the court hearings. We often come to know of good property on probate through the local sources.
Attend the Hearing
Attend the hearing of the court. This is the place where bids are done and buyers 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.
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.
To Sum It Up…
If you were wondering, “can a house be sold during probate in San Antonio?” You should have an answer now. YES! And if any of this seems overwhelming, don’t worry. We’ve done this a few times and we can help.