Archive for October, 2013

Tips on Selling Inherited Real Estate

Written by admin on October 30, 2013. Posted in Fiduciary mortgage, Inheritance loan, Probate loan

Probating an estate

When a person dies, that person usually leaves behind a will which stipulates what to do with the belongings he or she owned in life. Typically, because of the deceased owner, the property will pass to the next of kin, unless the will says otherwise. Sometimes, a written will can provide a bit of a problem, for the property and belongings in question sometimes have to go through probate before ownership can pass.

Probate is a process that proves the will of a deceased person is valid, and sometimes the process of probate takes a while. As such, sometimes those listed as a benefactor of a will take out probate loans or get probate cash. This alleviates so