“How do I sell House through Probate or Surrogate Court?”
You may have recently inherited house in New York and you want to liquidate because you you do not want to live in the house or perhaps the house needs a lot of work and you want to sell in “as is” condition. First you will have the file some paperwork and go through the probate system before you can sell the house. You can download the forms required here Download forms here ===>
So what is probate? A house has to go through the probate process when the owner of a property passes away, unless the deceased is survived by their spouse, in which case the property would immediately transfer to their spouse. But what happens if someone passes away and they have several heirs? In New York the property has to go through the probate process which takes at least 6 to 7 months and can cost several thousand dollars. If for example, there are three heirs and the deceased left will then it’s a fairly easy process, but what happens if there are several heirs and the deceased did not leave a will? The property will go into the deceased’s estate and then a New York appointed judge will have to decide who the property belongs to. Unfortunately in New York this can be quite a long and expensive process. Here’s the breakdown of Filing fees =====>
If the deceased has less than $30,000 of personal property with or without a will then, a smaller state also called a voluntary administration proceeding can be filed instead. Probate is basically the process of proving that the will is valid. Once the will is proved to be valid to the satisfaction of the court and the last will and testament of the person who is deceased the executor of the will can distribute the estate as per the deceased’s wishes.
The heirs must file a will and a copy of the death certificate with the probate petition and all supporting documents to the circuit court so certain papers have to be filed but in New York, but there is a electronic filing system.
If you wish to liquidate a house that you have inherited through probate then call Fair Offer NY today – 347 685 9317
We buy houses for cash in Brooklyn, Bronx, Manhattan, Staten Island, Westchester County, Rockland County, Putnam County & Long Island, NY. and all neighboring areas and have helped many home owners like yourself who may be going through a divorce, inherited a property, fed up landlord with bad tenants, facing foreclosure or just need money ASAP. Call or Text us today – 347 685 9317 and we will walk you through the simple process of selling your house for cash. If you don’t feel comfortable talking to one of our agents, no problem! – Fill out the simple online form and we will call you and Sell Your Inherited House Fast.
Legal Disclaimer: Fair Offer NY is not offering legal advice and is not a law firm. You should always consult a qualified NY licensed attorney when filing probate paperwork & NY licensed tax professional regarding any tax liabilities.