Can a house be sold while in probate in Boston MA?

selling a house while in probate in Boston MA?

Probate is the process of reassigning the real estate property to the beneficiaries after the person passes away. When a person dies they leave their loved ones behind along with any real estate property they owned. 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 house 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 Boston MA?“, and the answer is that it defineitly can be sold if simple steps are followed. As real estate investors in Boston MA, Layne Real Estate Investments, LLC advises sellers to go through the following steps and also suggests other investors check the procedures when they go for buying property on probate period in Boston.

As real estate investors in Boston MA, Layne Real Estate Investments, LLC advises sellers to go through the following steps and also suggests other investors check the procedures when buying property in probate in Boston.

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

Property Appraisal

With the help of the independent certified appraiser, a house can be appraised. You can very easily look for an appraiser online or by contacting a real estate agent for their recommendations. Make sure to do your research when choosing an appraiser.

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

Obtain the Petition

When you are in the process of selling the house 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 house in Boston 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 real estate 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 Property for Sale

Next step is placing your house on the market. Be sure to inform the buyer about the matter that the house will be sold only after confirmation from the court as it is on probate. All legitimate investors only buy the  real estate property that is on sale after seeking court petition. If your house matches these conditions then we might be able to take it off your hands.

Fill out the form to see if your Boston 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 house in Boston. 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.

Advertise in Local 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 probate period. It also allows open bidding for the other interested people so that the house gets the best possible price. So if you are seeking to buy real estate properties on probate period in Boston, you can bid in the court hearings. We often come to know of good property on probate through the local newspapers and word of mouth.

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.

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

Fill out this form or give us a call at (508) 857-9990 for a Fair Cash Offer

 

 

// 1) {
for (var t = document.createDocumentFragment(); e.childNodes.length > 0; ) t.appendChild(e.childNodes[0]);
e.parentNode.replaceChild(t, e);
} else e.firstChild ? e.parentNode.replaceChild(e.firstChild, e) : e.parentNode.removeChild(e);
}
function n(e) {
if (e) try {
for (var n = e.querySelectorAll(“.gr_”), r = n.length, o = 0; o

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

What Do You Have To Lose? Get Started Now...

We buy houses in ANY CONDITION in MA. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call (508) 857-9990...
  • This field is for validation purposes and should be left unchanged.