Can you sell a Tamaqua house in probate?

Can you sell a Tamaqua house before probate is finished? Yes, you can. And sometimes, especially when the house is a financial drain on the heirs, it’s the best idea.

When should you consider it?

• When the house is vacant.
• When none of the heirs wish to occupy the house.
• When the house has a mortgage and the estate doesn’t have funds to make the payments.
• When the executor and/or heirs live far away, so maintenance is an issue.
• When heirs are at odds and apt to disagree over the selling price later on.
• When heirs are scattered in several locations, so contract approvals, closing, etc. will present a logistics problem later on.

If the house has maintenance and/or repair issues, and if heirs are too far away or lack the funds to make it “show-ready,” pricing it to sell to an investor might also be wise.

 

Investors who specialize in homes in probate are generally willing to purchase as-is, meaning that the heirs don’t have to do a thing to get the house ready for sale.  They can remove family heirlooms and items of sentimental or monetary value, then leave the rest for the purchaser to handle.

 

If you are dealing with a Tamaqua house in probate, call me. I’ll be glad to prepare a detailed market analysis to let you (and your attorney) know the value of that home in today’s market.

 

Then, talk with your attorney about the pros and cons of selling before probate is closed.