Buying and selling of real estate is big business in any economy in the world. As a population increases, more houses are needed for people to live in and offices for people to work in. Despite this fact of life, real estate transactions can still be very risky propositions! Especially when it comes to probate property, if the prospective buyer doesn’t understand the probate process for a house in Lubbock, Texas.
So what is a probate anyway?
A probate is the legal process of managing a deceased person’s (decedent’s) estate when they passed without a will or left specific instructions for property administration after death. These proceedings occur in specialized probate courts. For homeowners in Lubbock, these situations often present unique opportunities for win-win solutions that benefit all parties involved…
How to begin the probate process for a house in Lubbock
Probate begins after a loved one passes away. Shortly thereafter, as the seller, you’ll need to notify the court, which will appoint an attorney to handle the property sale. The attorney will market the property similarly to traditional real estate listings. The asking price is determined by combining the agent’s recommendation with an independent appraisal ordered by the probate court. Remember: It’s crucial for you to become familiar with the property’s true value to ensure you receive a fair offer. This challenge becomes much easier when you partner with the right cash buyer in Lubbock – that’s where we come in at Electrum. As specialists in solving real estate problems quickly and offering fair cash prices, we can help streamline this difficult process. 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?
When your property enters the market, you’re typically left waiting for potential buyers to submit their offers. After this waiting period, the probate court makes the final decision through an auction process if multiple buyers show interest. This is where Electrum stands out as your ideal choice. As cash buyers who specialize in solving real estate challenges, we encourage you to explore our website for proof of our track record. We’ve consistently provided homeowners with the most favorable deals on probate properties throughout Texas – not just on probate sales, but on short sales too! Our focus is creating win-win solutions that help you regain your freedom quickly.
Want to sell your house in Lubbock fast (and securely)?
With years of experience solving real estate problems in Lubbock, Electrum Properties has built a reputation for delivering fast, cash solutions for homeowners in any situation. Ready to get your freedom back? You’re always welcome to contact us through our website form, connect on our social media pages, or simply call us directly at 806-630-0875. Need immediate assistance? Leave an email message and we’ll respond promptly. You can also send a text, and one of our dedicated property specialists will get back to you as soon as they’re available.
We are always here to help walk you through the probate process for a house in Lubbock, we look forward to speaking with you. 🙂
Call us today at 806-630-0875 to get a cash offer on your inherited house today!