* Note: 75% is guaranteed to qualifying estates. 75 days is a realistic estimate for estates where the death was at least 2 years ago, but can vary based on demand for specific properties and real estate market conditions, in general.
Did you inherit real estate?
Has no probate been done?
Are there unpaid property taxes?
Are there unpaid mortgage payments?
Are there unpaid association fees?
No Probate
No Probate = No Insurable Title
Without a probate, title insurance companies won’t issue a policy, and most buyers won’t buy.
Unpaid Taxes
When property taxes go unpaid, interest and fees add up. The longer the taxes go unpaid, the harder it is for the heirs to get anything for the property.
Unpaid Mortgages
When mortgages go unpaid, interest rates jump, and late charges, attorney fees, and foreclosure costs can eat away at any equity left in the property, most of the time, leaving the heirs with nothing.
Unpaid Association Fees
Homeowner and condo association are notorious for charging high fees for late payments. Some of them will also foreclose quite quickly, adding court costs, and expensive attorney fees. Often, the heirs get nothing afterwards.
Property Auctions
Eventually, if the taxes, mortgage, or HOA payments aren’t made, the property will be put up for auction. Whether you lose your inherited real estate at a tax auction, a foreclosure auction, or an HOA auction, odds are you won’t get much, if anything.
Would you like to cash out?
Maybe you:
- Don’t want to spend the money for a probate; and
- Don’t want to go through all the bother.
We Have Just the Solution for You
We will:
- Handle the entire estate,
- Pay all the upfront costs,
- Sell the property, usually within 75 days, and
- Give you 75% of the sales price at closing.
- More details below.
Your interest is fully protected and recorded in the county real estate records.
Costs Included
Here are the costs we cover, as applicable, from our share, and what they typically cost:
| Fees | Typical Costs |
|---|---|
| Probate court filing fees | $400 |
| Probate administration fees | 3-6% |
| Probate bond fees | 0.5-0.8% |
| Legal fees | $3000-6000 |
| Accounting fees | $500 |
| Process service fees | $75 each |
| Legal advertising fees | $100-200 |
| Official document fees | $25-100 |
| Document certification fees | $25 |
| Family tree verification fees | $100-500 |
| Real estate commissions | 6% |
| Real estate closing fees | $600 |
| Document preparation fees | $50 |
| Real estate recording fees | $25-50 |
| Real estate document stamp taxes | 0.7% |
| Title search fees | $200-300 |
| Title insurance fees | 0.5% |
| Notary fees | $50-300 |
| Bank wire fees | $25-50 |
| Express delivery fees | $25-100 |
| Postage | $25-50 |
| Printing costs | $25-50 |
| Document copying costs | $25-50 |
Example
Let’s add up these typical costs for an inherited home worth $100,000, using only the lowest estimates from above. Your actual costs could vary.
| Costs | Cost on $100K Property |
|---|---|
| Probate court filing fees | $400 |
| Probate administration fees | $3000 |
| Probate bond fee | $500 |
| Legal fees | $3000 |
| Accounting fees | $500 |
| Process service fees | $75 |
| Legal advertising fees | $100 |
| Official document fees | $25 |
| Document certification fees | $25 |
| Family tree verification fees | $100 |
| Real estate commissions | $6,000 |
| Real estate closing fees | $600 |
| Document preparation fees | $50 |
| Real estate recording fees | $25 |
| Real estate document stamp taxes | $700 |
| Title search fees | $200 |
| Title insurance fees | $500 |
| Notary fees | $50 |
| Bank wire fees | $25 |
| Express delivery fees | $25 |
| Postage | $25 |
| Printing costs | $25 |
| Document copying costs | $25 |
| Total | $20,475 |
You could do this all yourself and maybe save a few dollars, but you’d have to:
- Pay many of these fees up front;
- Find, interview, and hire the professionals for each role;
- Manage every step;
- Perhaps, appear in court; and
- Hope you did it all right.
Your Interest Is Secured
Your interest in the property will be recorded in the county clerk’s office with the official real estate records. When the property is sold, the closing agent will have to pay you your 75% in order to give the buyer good title.
Let Us Do This For You
We specialize in buying and selling inherited real estate which hasn’t been probated. We probate estates efficiently, sell the real estate quickly and at good prices, and handle every little detail in the process.
We love getting families money quickly for their inherited real estate. You get your money fast and easy.
What We Don’t Pay From Our Share
We don’t pay the debts of the estate, or any taxes, mortgages, or liens on the property. Those would have to be paid out of the closing from your share. For most estates, we can usually get a good idea of what the debts are before we start.
We don’t pay for any repairs or maintenance of the property. In most cases, this won’t be much, if anything. We usually sell these kinds of properties AS IS.
Not a Loan
Nothing to repay.
No Will Required
No probate required.
No court appearance required.