If you are living in a home going through the probate process, you may be feeling a bit overwhelmed. After all, it is not only challenging to sort out the logistics of the passing of a loved one, but it is emotionally difficult as well. To help you sort things out, here are three things you should consider during the probate process.
The Executor’s Job
When a house goes into probate, it becomes the responsibility of a probate court to interpret the will, divide the person’s assets among heirs, and designate an executor. You may or may not have been chosen to be the executor. If you are the designated executor, you will have the responsibility of managing and maintaining the home during the probate process. It will be important that, if the home is vacant, you check up on it regularly and make sure it looks lived-in to avoid thievery and vandalization.
Ask for Help
Being an executor or living in a home going through probate can be stressful. For this reason, one of the most important points of advice is to ask for help. Don’t be afraid to seek out legal and real estate advice from professionals. Get other loved ones to help you oversee the continued maintenance of the house. Hire a property manager if there are tenants still living in the home. And ask neighbors to help you pick up any mail or flyers.
An Option to Sell
Don’t forget that there is always the option to sell the home. If you are the designated executor during the probate process, you may be able to get approval to sell. Since the selling process is often more complicated compared to a regular home sale, consider selling the home for cash. This will greatly simplify the process and many home buying companies are willing to work with difficult circumstances, like probate. Furthermore, they are willing to purchase homes in any condition.
Lastly, don’t forget that your individual needs matter too. Navigating the probate process right after the loss of a loved one can be taxing on your emotional and mental health. Surround yourself with people who can help and support you, and take the time you need to mourn.
Going through a stressful real estate situation? Joe Homebuyer is here to help! Click here to learn more about the cash-sale process and what a home buying company can do to ease your burdens.