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The estate has to sell the house for a fair market price. They cannot sell it at a discount.
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∙ 10y ago
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What happens after probate if a house is involved and a beneficiary wants to keep it?
The beneficiary can buy the property from the estate. That means the mortgage must be settled and the price must be market value.
How does an executor of an estate buy a car from the estate before probate?
They can certainly do so during the probate process. But a fair market price must be paid for it.
Can a probate administrator buy a car from the estate?
There is nothing to prevent it. As long as the price reflects market value, there should not be an issue.
What is the average price to buy a house in Hollywood?
I have found a great souce of information about average price to buy a house in Hollywood can you found at http://www.southfloridanation.com
Do we have to go to probate for someone to buy her house.Your grandma died 10 days ago without a will She has a house she owed on on and a vehicle she was still paying on What happens now?
Without a will, her estate will have to go through probate.
Father passed away in 2006 and he's property is still in probate i was wondering if there was any way i could try and get an loan to buy the other parties?
is there any way i could buy them out? and if so ' if the house is forsale for 335.000 and half of the estate belongs to me how much of an loan would i have to try and get?
Who has right to buy deceased car if brother and sister both want to buy it?
The executor will have to determine sale price and who it is sold to. If there is no Will, that is usually the next of kin or someone appointed by the probate courts.
I am the Executor of my father's will which has been probated in the state of Ga Is there a time limit to when I need to sell the estate home I heard 3 years from the date my father passed away?
Have you checked with a lawyer and the probate judge? How does the will read? Are there other heirs? Normally there is no is no limit concerning the rules. You can have a real estate agent in the business of determining the price of a house set the value. You can buy out the other heirs and keep the house. How you and the other heirs settle the estate is up to you. The probate judge will demand you pay any taxes due.
What should yo do if the executor of will wants to buy siblings out but not fair price?
Petition the probate court for a new executor. They will most likely appoint a neutral party.
Average price to buy a house?
80-100,000 dollars is the average price of a home in the United States.
where can i buy stanley brand items for my house?
The place to buy things for the cheapest price is ebay. You can bid on any Stanley product and hopefully get what you want. The prices are impressively lower than in stores.
Should I buy a house that is for sale by owner?
Many people are able to get a fair price when they buy a house that is for sale by owner. You will be able to purchase without needing to pay realtor fees, which will lower the overall price.
