Victoria Cherry-Stacy
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    • Home
    • REALTOR SERVICES
      • REAL ESTATE
      • DIVORCE SALES
      • PROBATE PROPERTIES
      • SENIOR CITIZEN RELOCATION
      • ESTATE SALES
    • ABOUT
    • CONTACT
Victoria Cherry-Stacy
  • Home
  • REALTOR SERVICES
    • REAL ESTATE
    • DIVORCE SALES
    • PROBATE PROPERTIES
    • SENIOR CITIZEN RELOCATION
    • ESTATE SALES
  • ABOUT
  • CONTACT

PROBATE PROPERTIES

Probate is the legal process generally occurring when someone passes away, and their assets, including a house, must be transferred to heirs or beneficiaries. These reasons can vary, and they include:


  1. Death of the Homeowner: The most common reason for a house to be in probate is the homeowner's death. When property owners pass away, their estate goes through probate to determine how the property will be transferred to heirs or beneficiaries.
  2. No Will (Intestacy): If the deceased person did not have a will (died intestate), the house and other assets are subject to probate to determine how they should be distributed according to state laws of intestacy. The court will follow these laws to distribute the property among surviving relatives.
  3. Disputes Over the Will: If there is a will, but it is contested or challenged by one or more parties who believe it is invalid or unfair, the house may be in probate while the court resolves these disputes. This can delay the distribution of assets, including the house.
  4. Unclear Title or Ownership Issues: If there are questions or disputes about the ownership or title of the property, the house may be in probate until these issues are resolved. This can include cases where multiple individuals or entities claim ownership.
  5. Minor or Incapacitated Beneficiaries: If the estate's beneficiaries are minors or legally incapacitated individuals, the court may oversee the probate process until they reach an age or condition where they can take ownership of the property.
  6. Outstanding Debts and Liabilities: If the deceased person had significant debts or liabilities, the house may need to be sold to satisfy these obligations. The sale proceeds would then be used to pay off creditors, and any remaining assets would be distributed according to the will or state laws.
  7. Complex Estates: Some estates are more complex than others, involving multiple properties, business interests, or assets held in trusts. In such cases, probate may be necessary to sort out the distribution of assets, including any real estate holdings.
  8. Executor or Administrator Appointments: The appointment of an executor or administrator to manage the estate can also be a reason for probate. This individual is responsible for ensuring the proper distribution of assets, including the house.


Trust us for compassionate and expert local real estate support with a global reach in your time of need. Whether you have questions about probate real estate or need assistance, we are here for you.

OUR SERVICES  

1. Consultation: We'll work closely with you to understand your needs.

2. Property Assessment: We'll assess the property and create a plan.

3. Listing and Disclosures: We'll handle all the necessary paperwork.

4. Property Preparation: From furniture appraisal to repairs, we've got it covered.

5. Property Maintenance: We'll ensure the property is well-maintained.

6. Communication: We'll keep you informed every step of the way.

7. Court Representation: We'll handle the legal aspects.

Marketing and Sale: We'll market, show, and negotiate the property sale.  


WHY CHOOSE US?

  

1. Licensed Real Estate Experts

2. Certified Probate Specialists

3. 15+ Years of Experience

4. Professional and Discreet

5. Global Marketing Reach

6. Extensive Network

7. Comprehensive Marketing Materials

8. Cutting-edge Technology

Find out more

NEED ASSISTANCE?

CONTACT ME
  • PROPERTY EVALUATION
  • ASSETS EVALUATION

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