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Updated about 4 years ago on . Most recent reply

User Stats

37
Posts
19
Votes
David Emanuel
  • Wholesaler
  • Philadelphia, PA
19
Votes |
37
Posts

Buying a house before probate started

David Emanuel
  • Wholesaler
  • Philadelphia, PA
Posted

Hello BP,

I found an off market Philly property that I would like to purchase. The owners of the property died in October, and left a will naming a relative as executor of estate. I am dealing directly with the executor named in the will, but because of delays and closings due to covid, she has not put the will through probate yet.

We agreed on a price, so my question is can we sign a purchase and sales agreement before the probate process has begun?

Most Popular Reply

User Stats

127
Posts
74
Votes
Mary Cronin
  • Real Estate Investor
  • Crescent Mills, CA
74
Votes |
127
Posts
Mary Cronin
  • Real Estate Investor
  • Crescent Mills, CA
Replied

Chances are that all of them have to consent to the sale. But the attorney will know the rules in PA. In CA, in some instances a public hearing where anyone can bid on the property is required. That could put a kink in your plans to buy. 

  • Mary Cronin
  • Loading replies...