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Dear Estate Heir,May we offer our condolences on the recent loss of your friend or loved one, as this may be a difficult time for both you and your family. Our company provides services that will be of benefit to you. As a designated heir in the above mentioned estate.
There are all kinds of questions that arise out of this designation. What do we do with the assets of the estate? What would be the most responsible way of dealing with the estate? How do we keep the mortgage payments current? Who is going to be responsible for paying the creditors of the estate? How do we liquidate the estate in the most expeditious way possible, so that we can distribute the funds of the estate in a fair and responsible way? Do we as heirs have to contribute our hard-earned money to keep all these mounting bills current? How long does the probate process take? Can I sell my personal interest in the estate for cash so I do not have to wait for the probate process to complete?
There really are all kinds of questions and concerns around being an heir in an estate going through probate. It can be a very difficult process to go through. Other people have felt overwhelmed with these responsibilities too, what they found was that dealing with us was the best possible solution they could have ever imagined.
We help people liquidate all types of assets.
Including residential houses, rental property, multi-family units, luxury houses, commercial buildings, vacant land, automobiles, boats, mortgages or any other asset that you need to liquidate, so that people can move on with the probate process in most efficient and convenient manner possible. We purchase properties that have been well maintained as well as properties that need extensive repairs.
When you think about all the money that you will have to spend just on the process of selling the asset, it can be a very smart move to sell the property now rather than sinking thousands and sometimes tens of thousands of dollars into holding costs and repairs (electric, water, gas, taxes, maintenance, repairs, improvements, roofs, code violations, vacant home insurance, closing costs and so on). All this can drain the entire estate and the heirs, dollar after dollar, day after day.
And what if you are considering keeping the second property for a vacation home?
Many people have discovered this to be a very unwise move. When you consider all the expenses associated with this extravagant decision, you too may reconsider. Did you know that if a home is left vacant more than thirty days for any reason your home owner’s insurance policy may not be required to pay any claim against loss or damage? That’s right; others have found this nightmare to be absolutely true. Insurance companies know that vacant houses are much more likely to be vandalized or robbed than occupied houses so a great number of policies have an exclusion clause built in.
What about property taxes? In a lot of states you will lose your homestead exemption (property tax break for owner occupied houses) if you do not declare the house your primary home and as a result, the taxes go through the roof. And consider property maintenance; month after month of costly property maintenance, mowing the lawn, landscaping, painting the house, doing repairs and so on. After serious consideration, most prudent Personal Representatives decide against this extravagant option. They discover that they can vacation in a five-star resort anywhere in the world for a whole lot less money than trying to pay all the expenses associated with a vacant vacation home.
Another alternative to ponder is making it a rental property.
Many people have heard the horrendous stories associated with rental properties: the tenants destroying your investment, the constant responsibility of being bill collector, evictions, or worse, the lawsuits and liabilities associated with a rental. If you’re not very experienced, most elect to leave this to the pros.
One last choice to mull over is listing your real estate with a real estate agent.
Real estate agents typically sell through conventional means, that is, they sell to a person who qualifies with a bank. There can be lots of reasons that the bank may not be willing to lend money on probated property and the largest reason is clear title. With probated property there can blemished title issues that scare off lenders or make it difficult for the title agent to get title insurance on a probated property which protects the bank from loss.
Finally, the property must be sold in “as is” condition and this clause can definitely be a deal killer with both lenders and buyers. An agent usually will list houses and HOPE they sell, where as we buy houses, period. And if you’re the one with real estate for sale this is a huge difference.
Here’s a better answer – a responsible way to settle the estate!
We have numerous solutions available in liquidating the estate in the fastest and most responsible manner possible. You don’t have to waste thousand or tens of thousands of dollars to conclude the probate process and then pay thousands more in commissions. Not to mention possible years of court hearings and legal fees. In fact, in most cases, once there has been an appointment of a personal representative they have the authority to enter into an agreement to liquidate the holdings of the estate immediately.
Remember we can liquidate the entire estate or we can offer you immediate funds for your interest, it’s up to you. Leave the cleaning and paperwork to us. We’ll explain everything to you in plain everyday English and We’ll be 100% direct, clear and honest from start to finish.
Can’t you see yourself with the cash now instead of all the headaches associated with a long drawn out process like probate? Wouldn’t it be great to get on with your life knowing that the estate has been settled in the fastest and most responsible way possible? Contact us now to set an appointment to discuss your options.
