Buying and selling real estate is big business in any economy in the world. As a population increases, more houses are needed for people to live in. Despite this, real estate transactions can still be risky. Especially when it comes to probate property, if the buyer doesn’t understand the probate process for a house in Northern Virginia.
So what is a probate anyway?
A probate is a legal way of administering the property of a deceased person (decedent) if the person never left a will or if the will had specific instructions on how his or her property was to be administered . These proceedings take place in probate courts. Sometimes they can end up being the best real estate deals that any buyer or seller might get in Fairfax. Here’s a link to a more detailed explanation about how probate works in Virginia: Probate in Virginia.
How to begin the probate process for a house in Northern Virginia
The probate process begins after a person dies. The seller is expected to promptly inform the court, which appoints an attorney to take care of the sale. Once this is done, the attorney advertises the property just like other real estate properties. The price is based on the agent’s suggestion and also from an independent appraisal ordered by the probate court. Note: It is important for the seller to familiarize himself or herself with the property to avoid being short-changed. This can be avoided by choosing the right partner in Fairfax. That would be us, Solutions 3D LLC. Click the link here, fill out the form and we’ll help you get started now.
Okay, my property is on the market. Now what?
After the property is advertised on the market, the seller to wait for the buyers to make offers on the property. Once this process is completed, the final decision is made by the probate court . If there was an auction with more than one interested buyer, the court decides who should buy the property. In this case, we would suggest you choose Solutions 3D LLC to purchase your property because as you can see from our website we have not only given the best deals on probate property in Virginia but also on short sales!
Want to sell your house in Northern Virginia fast (and securely)?
We have been in this industry for years and our reputation speaks for itself. If you are interested in choosing us as your partner in Northern Virginia–particularly Fairfax, Prince William, Loudoun, and Arlington counties (plus Alexandria and Falls Church), you are always free to contact us through our website form, our social media pages, as well as giving us a call at 703-239-4212. For immediate help, you can leave an email message on our site. We’ll call you back quickly.
We are always here to help walk you through the probate process for a house in Fairfax, we look forward to speaking with you.
Call us now at 703-239-4212 to get a cash offer on your inherited house today!