In the current real estate market, inheriting a home might seem like hitting the jackpot. However, many financial and legal complications come with it.
In an attempt to avoid these complications, especially at a time when you’re processing the loss of a loved one, many people often decide to sell the house. There’s just one problem, though; the inherited house probate process can drag on for quite a while.
Can you sell an inherited house before probate is complete? Read on as we explore your options and highlight how we can help you sell your house fast.
Understanding Pennsylvania’s Probate Process
Let’s first break down how the probate process works. To put it simply, probate is a process courts use to confirm a will, appoint an executor, and authorize the management of a real estate property.
First, you’ll need to file the will with the register of wills before submitting a petition to appoint an executor. Afterward, the court will prepare and publish creditor notices to allow claims. Once you’re done with the creditors and have received court approval, you can sell the house and distribute the proceeds accordingly.
Selling an Inherited Property During Probate
In Pennsylvania, the probate process can last anywhere from 6 months to a year, or even longer. Considering how long this wait is, can you sell an inherited house before probate is complete?
The probate process is a legal bridge that allows you to transfer ownership of the house from your deceased loved one to a buyer. Without it, you’ll find it hard to provide the buyer with a clean title. However, some exceptions allow you to shorten or bypass the process.
If the Home Was Jointly Owned
You can sell an inherited house before probate if the deed lists you as the surviving co-owner and is set up as tenancy by the entirety or joint tenancy. Since the house automatically passes to you, you can sell it without needing the court’s approval.
If the Home Was in a Living Trust
Can you sell a house during probate? You can skip the whole probate process if the house was in a living trust before the owner passed away.
If the Will Grants Power of Sale
Selling an inherited house before probate ends is also possible if the will grants the administrator the power of sale.
Need Help Selling a House During Probate
Can you sell an inherited house before probate ends? Yes, it is possible to do so if you have the required legal authority. What’s more, Homerun Home Solutions is here to ensure the sale process is quick and stress-free.
You’ll get a fair cash offer within 24 hours of contacting us, quickly closing the sale on your schedule and without spending a dime on home repairs.
Are you looking to sell a house with a deed of trust? We can help with that too. Call us today at (484) 246-4894 to learn more.
