Selling a House During Probate
Probate is a term in English that is derived from the Latin word probo or probare. This is a verb that means “to test, try, prove, or examine”. Specifically, the term is derived from the Latin word’s past participle, probatum, meaning “having been proved”.
None of this should have to mean anything. You are just looking to sell your house for cash. But, the word’s history provides us with the purpose for the probate process: to verify who owns what and who is to take control of it after the death of the property owner.
What is the Probate Process?
If you are seeking out this service, then you probably already know what a probate is. But just to be clear about the terms we are discussing, it would probably be best to provide you with an outline. Probate is the method by which an estate is administered after the death of an individual. Probate often covers real estate holdings, too. Indeed, this is one of the most important aspects of the probate process. A good deal of wealth is often tied into real estate holdings, so it is important to mete out ahead of time what happens to the property. The probate process only comes into play if two previous conditions are not met. These conditions would determine ownership of property without any need for the probate process. The two conditions are: does the property fall under joint tenancy and is it controlled by a trust? If neither is true of the property, then it must go through a probate process.
Oakland Michigan Homes are Experts at Handling Probate
Individuals in the Metro Detroit Area who have to deal with probate issues would be wise to seek out the aid of Oakland Michigan Homes. We are a company that prides ourselves on high quality services in every field related to real estate issues, including the probate process. Oakland Michigan Homes has gone through these issues with other clients in the past and will do so again in the future. Our staff have become experts in dealing with these issues.
At Oakland Michigan Homes, we understand that this is not just another transaction for you.
There are many Metro Detroit individuals and families out there every single day who are having to deal with the probate process. Oftentimes the problem with the probate process is that one wants to sell his or her house quickly, but the probate process must be handled first. Real estate holdings are often more than just investments and mortgage payments to many people. Especially where probate processes are concerned, these are often homes in the Metro Detroit Area that are changing hands. These are homes that people have lived in, made memories around, and love. But, this is why the probate process exists: to determine who should handle the estate after death.
You Don’t Have to Do it Alone. Our Staff is Here to Help.
Oakland Michigan Homes offers a suite of services that includes handling of probate issues. These are issues that can be difficult for the average person to have to deal with. For one, understanding all of the issues in play can be difficult. Understanding the process in general can be very difficult, even for the smartest of people. The good news is that no one has to do it alone.
Oakland Michigan Homes has an organized and efficient staff who all stand ready to help all clients who are faced with this issue. Oakland Michigan Homes’ staff all have a great deal of experience in dealing with probate issues. We have handled real estate issues in conjunction with the probate process on many occasions and can help clients to ascertain with ease exactly what should be happening to the property. This allows you to turn around and sell your house quickly, if that is the goal, or to do otherwise, if that is the preference.