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42. Can a House Be Sold While In Probate in Frankfort KY?

Sell your home in Frankfort KY

We buy houses in Frankfort Kentucky. We are professional homebuyers in Frankfort and as we know, probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the testament 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.

cash for homes in Frankfort KYSometimes a question arises, “can a house be sold while in probate in Frankfort KY?“, and the answer is that you can sell your home in Frankfort while in probate if simple steps are followed.

As real estate investors in Frankfort KY, We Buy Property In Kentucky advises sellers to go through the following steps and also suggests other investors check the procedures when buying property in probate in Frankfort. If you’ve recently inherited a house in Kentucky, this is a great article to inform you of the process.

Can a House Be Sold While In Probate in Frankfort KY?

Yes, but make sure to follow these steps first!

Property Appraisal in Kentucky

With the help of an 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 Frankfort KY that has already sought property appraisal.

Obtain the Petition in Frankfort

Frankfort KY house buyers

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 Frankfort along with mentioning the methods of sale.

Then with the help of the independent appraisal, fill out the form and wait for the 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 Property for Sale in KY

Next step is placing your property on sale. Be sure to inform the buyer about the matter that the property will be sold only after confirmation from the court as it is on probate. All real investors only buy the property that is on sale after seeking 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 property qualifies for a quick all-cash offer.

Seek the Court for Confirmation in Frankfort

As a buyer, you have to seek the court for confirmation to confirm the sale of your property in Frankfort. Generally, hearings take place within a period of 20 to 40 days. Please do not forget to make arrangements 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 confirmation soon.

Advertise in Local Newspapers in Kentucky

housebuyers in Frankfort KYInform 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 buy property on the probate period in Frankfort, you can bid in the court hearings. We often come to know of good property on probate through the local newspapers.

Attend the Hearing in Frankfort KY

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 the 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 My House in Frankfort KY

If you’re looking for a REAL investor to buy your property in Frankfort, then we can help. We are Kentucky home buyers and we offer cash for houses in Frankfort in any situation. If you have any questions whatsoever about to sell your house in KY and the surrounding areas, don’t hesitate to reach out to our team! We will make the process simple so you can quickly sell your property and move on!

Fill out this form or give us a call at (502) 509 - 5676 for a Fair Cash Offer

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