Oakland County is one of the most populous counties in Michigan, and its probate court handles hundreds of estate cases involving real estate every year. If you are a personal representative or heir dealing with a probate property in Oakland County, this step-by-step guide will walk you through the process of selling the house and distributing the proceeds to the estate. If you are looking for help with probate in oakland county michigan, this guide covers everything you need to know.
Step 1: Open Probate and Get Appointed
The first step is filing the will with the Oakland County Probate Court in Pontiac and petitioning to be appointed as personal representative. Once the court approves your appointment, you have the legal authority to manage the estate’s assets, including real estate. This process typically takes 2 to 4 weeks in Oakland County.
Step 2: Assess the Property
Once appointed, you need to assess the condition and value of the property. Oakland County includes a wide range of real estate markets, from high-value homes in Birmingham and West Bloomfield to more modest properties in Pontiac and Oxford. Understanding the property’s market value and condition helps you make the best selling decision.
Step 3: Decide How to Sell
You have two main options: list with a real estate agent or sell to a cash buyer. For probate properties in Michigan, a cash sale often makes more sense because it eliminates the uncertainty of the traditional market, avoids the cost of repairs and staging, and closes on a predictable timeline that helps you settle the estate faster.
Step 4: Close and Distribute Proceeds
At closing, the sale proceeds go to the estate account. From there, you pay any outstanding debts, taxes, and expenses of the estate. The remaining funds are distributed to the heirs according to the will or Michigan intestacy laws. With a cash sale through Offer Now Michigan, this process can be completed in as little as 7 days from accepting our offer.
Offer Now Michigan has extensive experience buying estate sale properties throughout Oakland County and all of Michigan. We work smoothly with probate attorneys and can close on your timeline. Call 810-425-5961 to discuss your Oakland County probate property and get a free cash offer.