Buying and selling of real estate is big business in any economy in the world. As a population increases, more houses are needed for people to live in and offices for people to work in. Despite this fact of life, real estate transactions can still be very risky propositions! Especially when it comes to probate property, if the prospective buyer doesn’t understand the probate process for a house in Atlanta, Georgia.
So what is a probate anyway?
A probate is a legal way of administering the property of a deceased person (decedent) if the person never left a will or if the will had specific instructions on how his or her property was to be administered after they are dead. These proceedings take place in probate courts. Sometimes they can end up being the best real estate deals that any buyer or seller might get in Atlanta…
How to begin the probate process for a house in Atlanta
After a person passes away, the probate process begins. A short time later, the seller is expected to notify the court, which then chooses an attorney to handle the sale. Once this is completed, the attorney will market the property in the same manner as other real estate properties. A combination of the agent’s recommendation and an independent appraisal authorized by the probate court has resulted in the final price. Take note: It is critical for the seller to become familiar with the property in order to avoid being taken advantage of. This may be prevented by working with the correct partner in Atlanta, which would be us, Georgia Fair Offer, as an example. Click the link here, fill out the form and we’ll help you get started now.
Now that my property has been listed for sale, what do I do next?
Now that the property has been put on the market, it is up to the seller to sit back and wait for potential purchasers to submit offers on the property for sale. Once this process is complete, the probate court makes the final judgment on who should purchase the property, which may be based on an auction if there were more than one prospective buyer…. This is why we recommend that you choose Georgia Fair Offer to purchase your property since, as you can see on our website, we have not only provided the greatest bargains on probate property in Georgia, but also the best deals on short sales!
Do you want to sell your house in Atlanta as quickly (and as securely) as possible?
We have been in this industry for a long time, and our reputation says volumes about our abilities. Please feel free to contact us through our online form, our social media accounts, or by phone at (404) 855-0944 if you are interested in working with us as your partner in the Atlanta area. If you require immediate assistance, you can submit an email message through our website, and we will contact you as soon as possible to discuss your needs. If you prefer, you may also send us a text message, and we will get back to you as soon as one of our real estate professionals is available.
We are always here to help walk you through the probate process for a house in Atlanta, we look forward to speaking with you. 🙂