Example
The easiest way to show how this works is with an example.
Situation
- Abby is a widow.
- She has two children, Bob and Carol, both adults and still alive.
- Abby owns a home in Florida.
- Abby dies without a will.
- Bob and Carol are her heirs.
- The inheritance is split between them, 50-50.
- They want to sell and split the money.
- They didn’t probate Abby’s estate, so they don’t have good title to Abby’s home and can’t sell it.
- They don’t want to pay all the money for probate.
- They don’t want to deal with all the hassle of the probate and selling the property.
Our Solution
Simple Discussion, Then an Offer
We talk to Bob and Carol and confirm they are Abby’s only heirs. We take about a day to research the property and Abby’s family tree. Sometimes this only takes a few hours. Then, we give Bob and Carol an offer, over the phone, to take a 25% interest in the property, probate and sell the property, pay all the fees, and give them 75% in about 75 days. They agree.
Simple Online Form
We email Bob and Carol links to a simple online form where they confirm their agreement to our deal with just a few clicks. This can even be done on a smart phone.
Mobile Notaries
We arrange for mobile notaries near Bob and Carol to meet with them to sign the formal documents. Depending on where they live and everybody’s schedule, this takes about a week.
Signing
The notaries call and schedule the signings. Bob has his notary come to his house. Carol meets hers at a coffee shop. In less than 15 minutes, all the documents are signed.
Cash in About 75 Days
We file the probate, get things lined up to list the property for sale, and pay all the necessary fees. The property should close in about 75 days.
In order to give good title to the buyer, the closing agent has to give Bob and Carol each their half 75%. Bob and Carol each get checks or bank wires from the closing agent for their shares.
Done Deal
That’s it. Bob and Carol have their money, in about 75 days, with no money up front and no work.