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A fast house sale can help an estate with probate issues Fri, 07 Mar 2014 12:37

As an executor, sorting through a property owners will can be a long and complicated process. If you are also an executor who stands to gain from the sale of property and you need money right now, you might wish for a fast house sale.

The good news is that there is way you can get money from the property before receiving a grant of probate. A property investment company can buy the property from you, which will give you the money as fast as the probate is granted, and this can occur even if the estate will only be settled years from now.

There are two features that make this a particularly good financial decision. Money that you have right now can be invested, which makes it more valuable for you to possess today rather than several years in the future. By then, you will have lost the interest payments that you would have received on the cash. Also, you might not occupy the probate property.

While the property is empty, problems can arise, ranging from vandalism, damp, security issues, to infestations. Clearing these issues will create costs, which mount up over time. Yet a fast house sale now would dodge the issue, and may well be the cost-competitive option. By selling your property to a cash buyer, you will have a simple and hassle free sale with no chain.

Of course, there is another human factor to all this. You may have lost someone very close to you. At this time, dealing with housing issues on top of your grieving process might prove too much, and a fast house sale will solve part of the problem and relieve you of a burden in having to manage marketing a property, and the sales process too . Take the time to talk to friends about it. They may well want you to take it easy, and not burden yourself with additional worry from dealing with a housing chain. On top of that, there may be beneficiaries who are putting you under pressure to resolve the estate. They may even have good reasons for doing so, such as debts or migration plans.

Sell a house fast in these circumstances and you might also alter the value of the estate just enough to reduce your inheritance tax. In this scenario, you might get more from the estate by not seeking to get the maximum price for the property. Whatever the case, talking to a professional can help you to sort out what is best for you.

To find out more information on Dream House Buyer, watch our short YouTube video:

Dream House Buyer is a family owned property company that considers all types of property, and we buy property with sitting tenants too. We will make an instant cash offer for any property in the UK, regardless of the size, location, condition or value.

We will buy any property that you might consider a problem - including property with sitting tenants, flats with short leases, problem tenants, unmortgageable and structurally damaged property.  We also buy ground rents and portfolios. If you think we can help, then please invite us to make you an immediate cash offer for your property.

Contact us on 0800 1577 497 or email us info@dreamhousebuyer.co.uk

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