The estate has to sell the house for a fair market price. They cannot sell it at a discount.
The beneficiary can buy the property from the estate. That means the mortgage must be settled and the price must be market value.
They can certainly do so during the probate process. But a fair market price must be paid for it.
There is nothing to prevent it. As long as the price reflects market value, there should not be an issue.
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Without a will, her estate will have to go through probate.
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?
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.
Petition the probate court for a new executor. They will most likely appoint a neutral party.
80-100,000 dollars is the average price of a home in the United States.
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.
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.
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.