When someone dies, their estate may need to go through the probate process. In some cases, the property involved in the estate is a home, and the heirs will need to sell it. This can be a complicated process, and if there are disagreements among the heirs, it could delay the sale even longer. In this article, we will discuss how to sell a house in probate and some tips on navigating the process. More info https://www.sellmyphillyhouse.com/we-buy-houses-pennsylvania/

Can You Sell a Probate Property in New York?

In New York, the executor of a deceased person’s estate is given legal authority to sell the property unless it specifically states otherwise in the will. However, the executor will need to work with a real estate agent that specializes in probate homes in order to ensure that they are selling the property at a fair price. They will also need to get a professional valuation of the property in order to set up a truthful asking price.

Once an offer is received, the executor will need to take that amount to the court for approval. The court will review the sale to make sure that it’s fair to all parties involved, including creditors and heirs. If the court approves the sale, the closing will then be scheduled.

While a formal probate sale can be time-consuming, there are other options available for sellers of inherited properties. One option is to work with a cash buyer that can purchase a probate property in New York and close quickly. This is a great option for people who need to sell their inheritance fast and would rather not deal with the hassle of the probate process.