We buy houses in Ann Arbor, Michigan where when a person passes away, they leave their loved ones and their property behind. This is called probate. Probate is the process of reassigning the property to the beneficiaries after the person dies. Sometimes the last will or the Testate is left behind by the person and in some cases, it is not.
Whatever is the situation, the property is reassigned to the heirs with the court of law, and this extensive thorough process is known as probate.
Sometimes a question arises, “can a house be sold while in probate in Ann Arbor MI?“, and the answer is that it can be sold if simple steps are followed. As real estate investors and homebuyers in Ann Arbor MI, Home Buyers of Michigan advises sellers to go through the following steps and also suggests other investors check the procedures when they go for buying property on probate period in Ann Arbor MI.
As real estate investors in Ann Arbor MI Home Buyers of Michigan advises sellers to go through the following steps and also suggest other investors check the procedures when buying property in probate in Ann Arbor MI.
Can a house be sold while in probate in Ann Arbor MI? Yes, but make sure to follow these steps first!
Ann Arbor Property Appraisal
With the help of the independent certified appraiser, a property can be appraised. You can very easily look for an appraiser in the local phone book or by contacting a real estate agent for their recommendations.
So, as real estate investors, we look for buying property on probate in Ann Arbor MI that has already sought property appraisal.
Obtain the MI Petition
When you are in the process of selling the property during the probate period you have to seek probation from the court. So fill out the petition form and provide all the details related to the sale of the property in Ann Arbor MI along with mentioning the methods of sale.
Then with the help of the independent appraisal, fill out the form and wait for approval from the court.
An investor only buys the property that has already completed the procedure of obtaining the petition, and we do look into the fact that the seller has gone through the process of obtaining the petition.
Place your Michigan Property for Sale
The next step is placing your property on sale. Be sure to inform the Ann Arbor MI home buyers about the matter that the property will be sold only after confirmation from the court as it is on probate. All real investors only purchase the property that is on sale after seeking a court petition. If your property matches these conditions then we might be able to take it off your hands.
Fill out the form to see if your Ann Arbor MI property qualifies for a quick all-cash offer.
Seek the Ann Arbor MI Court for Confirmation
As a seller, you have to seek the court for confirmation to confirm the sale of your property in Ann Arbor MI. Generally, hearings take place within a period of 20 to 40 days. Please do not forget to make an arrangement and take 10 percent of the price from the buyer before the date of hearing from the court. As investors ourselves we tend to ensure the fact that the seller seeks the court for the confirmation soon.
Advertise your Ann Arbor House in Local Newspapers
Inform about the sale and advertise it in local newspapers. This is done so that the public is informed about the property sale during the probate period. It also allows open bidding for the other interested people so that the property gets the best price. So if you are seeking to acquire property on probate period in [Ann Arbor MI, you can bid in the court hearings. We often come to know of good property on probate through the local newspapers.
Attend the Michigan Hearing
Attend the hearing of the court. This is the place where bids are done and buyers and real estate investors come for bidding. After the final agreement is done the cashier’s check is given to court after the bid is confirmed. If there is a new buyer, refund the money of the previous buyer and take the deposit of the buyer after the confirmation has been given by the court… We tend to always pay some money as a deposit of the original price, to the court after the contract has been confirmed.
After this, you can complete the contract with the buyer after the above-written steps. Real investors look for property that follows all the procedures and abides by the rules of the court.
Sell Your House In Ann Arbor MI
If you’re looking for a REAL investor to purchase your property in Ann Arbor MI, then we can help. Sell your house in Michigan to us after you seek for a property appraisal, obtain the court petition, and seek the court for confirmation to sell your property. We offer cash for houses in Ann Arbor MI.