What does it mean when a house sale is going through probate?

Answer by  bekkashay (98)

A house in probate means the estate is that of a deceased person. Probate is the final step or settlement of the person who died with their property, land and financial dealings. Everything is decided by a court through a disposition according to the deceased persons' last will and testament.

Answer by  patti (29325)

It means that the house is being sold as part of the estate of the deceased owner. The sale of any assets is overseen by the court so the proceeds can be used to resolve debt before the residue is distributed to heirs.

Answer by  Desine (427)

It means that you're buying a house from the estate of someone who has died. Laws vary from state to state and country to country, but you'll likely need to go to a simple court date to resolve the sale. It's usually just a formality.

Answer by  cmkekbif (778)

That means that the deed and records are being recorded which is usually the finalization of the sale. All records are kept by state and county.

Answer by  mick83 (9)

Probate of a house refers to when all the assets of the home are being assessed after the death of the owner.

Answer by  Gus28 (683)

A house sale going through probate means that the owner(s) are deceased, the house is part of the estate and sale will be made by the estate representative.

Answer by  Karen54 (971)

A house in probate means that the property is part of the estate of a deceased person. Probate is the final settlement of the deceased person's financial holding and properties. The court decides the disposition according to the last will and testament.

Answer by  LeheckaG (1826)

An executor (testate/with-a-will) or an administrator/fiduciary (intestate/without-a-will) under the supervision of a local-(county) Probate-court oversees the disposition of a deceased-person's estate; including the sale of their house & other property.

Answer by  Goldie55 (4)

When someone dies and has left a will all debts must be settled and remaining proceeds house go to heirs after depts have been paid.

Answer by  Tara (45)

When someone dies, and a house is left to family in a last will, all contents must be probated or validated for authenticity before sale.