It depends on a few things: (1) the condition of the property, (2) its real market value (sorry, but Zillow is often wrong), (3) when you need to sell.

There are two types of investors: house flippers and rental property owners. Flippers usually pay 70% of the property’s value AFTER repair value. Their offer estimates how much they can sell it for after flipping minus repairs. Flippers, then, are looking for distressed properties that need TLC.

Rental Property Investors, on the other hand, prefer properties that require minor or no repairs. They want a deal that gives them a monthly income of 1% of the purchase price. Their offer is based on how much they can rent it out for, minus repairs. If your property is in top shape and in a high-rent area, you may get its market value.

We have simplified the process! You can click below to request your free offer today. All you have to do is provide some details about your property.
Our investors may also conduct their own research on the property, where it’s located, and compare it to similar properties for sale in the area.

Zero! Unlike when you sell with a real estate agent, who expects you to pay a 3% to 6% commission, selling to an investor means avoiding fees and closing costs.

No, you do not need a real estate agent if you are selling to an investor. In fact, you are recommended not to so you avoid paying their commission fees. The investor can handle all the paperwork and necessary details of the transaction. All you have to concern yourself with is accepting their cash offer, picking a closing date, and signing the purchase agreement.

You get your cash at closing.

No. Take what you want with you and leave the rest. Just let us know you are leaving belongings behind prior to closing.

When a person dies, their last will and testament (assuming they prepared on in advance) is handled and their wishes for the distribution of their personal property implemented through a process called probate. Probate simply means the procedure by which their last written directives are legally certified as the final statement of their wishes in regard to their worldly possessions (including any property or properties they may have owned). It also confirms the appointment of a person or entity the deceased person selected to administer their estate. The term probate is also frequently used to refer to the entire process of “probating” an estate. In this usage, it refers to the entire process that gathers all of the available assets, pays any outstanding debts, taxes, administrative expenses and then finally makes the specified distribution of remaining assets to those persons or entities designated by the will.

The personal representative (also known as the executor or executrix) who is named in the will is legally in charge of this process and is responsible for handling the orderly method for administration of the estate as set forth by the probate laws and procedures of their state. The executor is typically held accountable for their actions and decisions by the heirs and other beneficiaries and in some cases may be formally supervised by a probate court. If a will does not exist or a personal representative is not designated in the will, the court will appoint one (assuming there is personal property to distribute).

The personal representative is often entitled by law to a reasonable fee or commission for their services.

Probate law generally encourages or provides for partial distributions of funds during the period of administration and assets are often distributed “in kind” rather than sold during this period. Tax laws generally look to the personal representative as being responsible for making death tax filings and other tax payments from the outstanding assets of the deceased. Therefore, choosing an executor / executrix / personal representative is an important decision.

The basic job of administration and accounting for assets must be done whether the estate is handled by a personal representative as part of the probate process or if probate is avoided. In the recent past, lawyers and other professionals have advocated the use of probate avoidance techniques (such as revocable trusts, etc.) in states where the probate process has been seen to be too slow and overly expensive. In recent years, many states have simplified or streamlined their probate processes, and, in such states, there is now less reason to employ probate avoidance techniques.

Not necessarily, however, some legal method must be employed to transfer the legal title and ownership of the deceased’s property into the name of the beneficiaries and/or heirs. Many states also allow some types of property to pass to certain beneficiaries free of probate or via a simplified (express or fast-track) probate procedure.
Usually, real and personal property owned under a structure called “joint tenancy with rights of survivorship” passes to the surviving co-owner(s) without a requirement for probate.

Other types of benefits, such as a life insurance policy or an annuity that is payable directly to a named beneficiary can often be tendered without the requirement for probate. Also, IRAs, Keoghs, and 401(k) accounts usually transfer to the persons named therein as heirs or beneficiaries automatically without probate. Bank accounts that are set up as “payable-on-death” accounts; ones that are being “held in trust for” specific heirs or beneficiaries (also called a “Totten Trust”) also pass the proceeds directly to the named heirs or beneficiaries without probate.

A “living trust” that holds title to a property held in trust also passes that property to the heirs or beneficiaries without probate. Such a trust is a legal entity which survives after the death of the person who created it.

The cost of probate may be set by state law or by practice and custom in your community. When all the costs are added up – and the costs may include appraisal costs, executor’s fees, court costs, costs for a type of insurance policy known as a “surety bond”, plus legal and accounting fees, probate can easily cost from 3% to 7% of the total estate value, and more. If there is a “Will contest” all bets are off.