Are you looking for Cash home buyers in Illinois? Inheriting a home can be a blessing and a curse. Although it might feel like a precious gift, it can also be accompanied by legal, financial, and emotional hassles if you’re not sure of the probate process that is. At JCH Properties, we hear from many families who ask whether they can sell an inherited house without probate.
If you need to sidestep delays and get money for your home fast, this blog outlines how you can sell an inherited house legally and effectively, even without going through probate.
What Is Probate, And Why Would Homeowners Dread It?
Probate is a group of legal actions through which, under the supervision of a court, the will of a deceased individual is admitted, and an estate is operated for the good of the heirs.
Where the deceased had property, especially real property, the property usually cannot be sold until the probate is at an end.
Unfortunately, probate is a time-wasting, costly, and heavily emotional process. At least a few months will have to elapse before the court permits the sale of the house. Plus, attorney fees and court expenses can eat into the value of the estate.
For this reason, numerous individuals seek alternatives that enable them to sell inherited real estate without complete probate.
When Can You Sell an Inherited House Without Probate
There are a few Illinois legal alternatives that can potentially enable you to bypass the probate situation and proceed with selling an inherited house.
1. The Property Was Jointly Owned
If the deceased individual shares the property with another person in a joint tenancy with rights of survivorship, the surviving owner automatically becomes the sole owner. Probate in this situation is not necessary, and the new sole owner can resell the property at will.
This simplifies it a great deal when working with reputable Illinois cash home buyers, such as JCH Properties, to have a quick and easy sale.
2. A Transfer on Death Deed Was Utilized
In Illinois, a Transfer on Death (TOD) deed provides a homeowner with the ability to designate a beneficiary who shall inherit the property directly at their death. If this deed was validly signed and recorded before the death of the original owner, probate is unnecessary to pass ownership.
After the new owner acquires legal title, they may sell the inherited home at once, usually to a cash-paying buyer, sparing them the expense and hassle of repairs or showing the property.
3. The Estate is a Small Estate
Illinois permits heirs to bypass formal probate if the entire value of the estate is less than $100,000 and no real property is included, or in certain limited situations, if the real property is sufficiently small in value. In these situations, heirs may collect assets by using a Small Estate Affidavit.
Searching on the Google search engine “get cash for your house”? If the estate is eligible and the affidavit is approved, heirs can transfer the title and sell the inherited home faster than through regular probate.
4. All Beneficiaries in Agreement
There is also an option to sell with specific title companies who will ensure all eligible heirs sign
affidavits and receive their payments directly. JCH Properties has closed purchases in this
manner by collecting all family signatures and paying out beneficiaries directly, there’s no need
to funnel the funds through the probate or the estate attorney. All living beneficiaries must be in
agreement to sell the property and collect their money directly.
What If Probate Is Necessary?
Even if probate is necessary, that’s not to say you must wait several months or pay expensive repairs and agent commissions. As the executor or administrator, you can still sell the house through probate with judicial approval.
At JCH Properties, we help homeowners through probate sales. We purchase houses as-is, in whatever condition they’re in, and can close in 14 days. This saves you time, minimizes stress, and gets you cash for your home.
Benefits of Selling to Cash Home Buyers in Illinois
Whether you want to avoid probate altogether or simply need a quicker solution, selling to a cash home buyer has many advantages:
- Quick Closings: Many sales are completed in less than two weeks
- No Repairs or Inspections Required: Sell the property in its current condition
- No Realtor Fees: Keep thousands of dollars in commissions
- No Restrictions on Proceeds: Spend your funds on what you need and want
We’re local, reputable cash buyers at JCH Properties, making reasonable offers based on current market conditions. If you must sell an inherited home immediately, we can assist.
Sell a house that is inherited without probate court: a step-by-step guide.
Check the owner’s situation.
Check whether the house was jointly owned, in a trust, or has a Transfer on Death deed.
Obtain a Legal Review
Seek the advice of an estate or real estate lawyer to determine whether or not probate can be avoided. (Get a Small Estate Affidavit of small estate)
If the estate is small, you can file the affidavit with the county to lawfully transfer the title.
Get a Cash Offer from JCH Properties
Reach out for a free, no-obligation cash offer. We’ll inspect the property and walk you through the process.
Close Quickly and Move On
Once documentation is signed, we close on your schedule so you can proceed unencumbered by probate.
Why Select JCH Properties?
JCH Properties is honored to be one of the most reliable cash home buyers in Illinois. We are experts in assisting homeowners and families in selling inherited homes hassle-free. If you want to avoid probate or would like to sell quickly, we offer:
- A simple, straightforward process
- No commissions, fees, or repairs
- Prompt cash closings
- Straightforward direction through title problems or probate
- If you prefer to receive cash for your home and bypass unwanted delays, we can assist you.
Final Thoughts
Yes, you can sell an inherited house without probate – particularly where the house has been kept in a trust or if all heirs are in agreement. Even if probate must occur, it is still possible to sell the home in the process with court permission.
At JCH Properties, solutions are available for all. If you need to sell quickly, want to avoid the legal hassle, or just need a fresh beginning, we stand ready to make a fair, all-cash offer on your inherited property.
Call JCH Properties today to discover and sell an inherited house without probate and receive cash for your home with less hassle and quicker speed.