Following Are The Top Reasons To Sell Your Home To ASAP Home Buying
NEED TO DOWNSIZE YOUR HOME?
Looking to downsize to a smaller home? Timing is everything, because no one wants to pay two mortgages! Selling your home for cash is often the smartest and simplest choice. Simply let us know your desired moving date, and we’ll take care of everything. ASAP can assist you with everything: cleaning out and packing your old home, finding a new place to live and even moving.
SELL AN INHERITED PROPERTY
INHERITANCE
Have you inherited a property? Many people in your situation decide to sell. It’s the easiest solution if you already have a home, if you live far away, or if the property is hard to maintain. ASAP Home Buying will buy your inherited property—even if it needs repairs and renovations.
POWER OF ATTORNEY
Being the power of attorney for a loved one van be a lot of work. You’re responsible for many things, including selling your loved one’s home. Maybe you don’t have the time or energy necessary to list it through an agent. Going through ASAP Home Buying can save countless hours and make the process much easier.
SELL YOUR DISTRESSED HOME
Perhaps you’ve inherited a home that is difficult to maintain. Maybe you own a property that is at risk of foreclosure. Maybe the home needs extensive renovations and repairs.
ASAP Home Buying has helped countless sellers in these situations. We accept properties in a wide range of conditions, so it’s OK if the home needs updates and repairs. And we’re experienced when it comes to bankruptcy and foreclosure, so we can help you leave your stress behind with a simple, headache-free buying process. Contact ASAP to sell a house as is.
IN DANGER OF FORECLOSURE
If you’re in financial distress, selling your home opens up new opportunities. No matter how you look at it, properties are a significant expense. Unforeseen circumstances can make it impossible to keep up with an expensive property.
If you’ve decided that selling quickly is the smartest financial decision to stop foreclosure, ASAP Home Buying is here to help you. Not only do we purchase your home as-is—no repairs necessary—but we also pay you in cash. Our stress-free transactions have no closing costs or commissions fees.
SELL YOUR RENTAL PROPERTY
Have a rental property that’s causing stress, taking a lot of time and draining your finances? As a savvy investor, you know your money could be put to better use.If your rental property that is hurting your finances, it’s time to sell it for cash. Your bank account will thank you! If you want to sell a house as is, we will handle the task of cleaning up the property, making repairs, and more—so you won’t have to spend time and money getting it ready to sell.
WHAT ARE THE BEST WAYS TO AVOID AN EVICTION?
Work out a settlement agreement with the occupant providing for relocation assistance or a deferred eviction date in exchange for the occupant’s consent to entry of a judgment of possession in the appropriate court.
WHAT ARE THE STEPS TO TAKE IN ORDER TO OBTAIN AN EVICTION ORDER FROM THE COURT?
This depends on the type of occupant and the jurisdiction where the property is located. For example, some courts will classify persons that are living in the property in return for services such as aid to a disabled owner as tenants, so the plaintiff would have to comply with all applicable tenant protection laws before evicting them. In some counties tenants need to be given a 30-days notice, while in other counties a 60-days notice is required. ASAP Home Buyers can mange the eviction process for you.
HOW LONG DOES AN EVICTION USUALLY TAKE?
This depends on the location of the property, whether the occupant is classified as a tenant by the court, whether the occupant still has time on their lease, and whether the occupant is represented by an attorney that is experienced in defending eviction actions. In general Maryland evictions taking 3-5 months and D.C. evictions taking 5-12 months depending on many of the factors discussed above.
PROBATE ISSUES
Are you the executor of a loved one’s estate? Often, probate can be a complicated, drawn-out process. Selling the home quickly and easily is a top priority. ASAP Home Buying will buy the home as-is, taking the stress out of selling.
HOW DO I KNOW IF MY PROPERTY NEEDS TO GO THROUGH THE PROBATE?
If the property is owned by an individual that passed away and the deed does not automatically transfer the property to another person or entity at the time of the owner’s death.
WHAT DOCUMENTS DO I NEED TO HAVE IF IN ORDER TO BEGIN PROBATE?
Death certificate of owner, death certificate of any joint owners (if any); will, trust, or estate planning documents created before decedent’s death, bank account statements for accounts solely in decedent’s name, retirement account statements for accounts in decedent’s name with no successor beneficiary, title to any cars, list of other personal property with appraised value if available, and list of decedent’s family members with their addresses, phone numbers, and their relationship to the decedent to the extent available. Also, once the petitioner is ready to file for probate they will need to undergo a background check and credit check in order to obtain a personal representative bond unless the bond requirement is waived by all heirs or waived by the will.
DO ALL FAMILY MEMBERS NEED TO AGREE TO OPEN UP AN ESTATE ONCE SOMEONE HAS PASSED AWAY?
Only the person that wants to be appointed as personal representative has to move forward with filing a petition for probate, but once this person is appointed as personal representative, they have a fiduciary duty to act in the best interest of the estate (in the best interest of all the heirs).
WHAT IS THE JOB OF A PERSONAL REPRESENTATIVE OF THE ESTATE?
The PR has a fiduciary duty to account for and protect the estate property from waste, defend against any claims made against the estate, distribute the property of the decedent and perform all other acts required by the decedent’s will or the intestate laws of the applicable jurisdiction.
DOES A SEPARATE BANK ACCOUNT NEED TO BE OPENED IN ORDER TO HANDLE THE ESTATE FINANCIAL MATTERS?
A PR has to deposit all estate property in a bank account in the name of the estate once the PR has been appointed to serve.
DO I NEED TO HIRE AN ATTORNEY TO OPEN UP AN ESTATE AND GO THROUGH PROBATE?
You can handle some estates on your own as long as the decedent’s estate is not complicated, the decedent does not have many claims, the heirs are all in agreement on how the estate should be handled, and there aren’t any large inheritance tax issues at play.
HOW DO I KNOW WHETHER TO OPEN UP A SMALL ESTATE OR A LARGE ESTATE?
It differs from jurisdiction to jurisdiction and differs based on the date of the decedent’s death, but generally if there is real property at play, then a large estate will be needed since small estate are generally capped at $50,000 in Maryland and $40,000 for the District of Columbia with certain exceptions in both jurisdictions to these limits.
HOW LONG DOES IT TYPICALLY TAKE TO GO THROUGH THE PROBATE PROCESS?
You can typically get appointed as PR in a matter of days or weeks in both D.C. and Maryland, with Maryland having the faster appointment process, but the process after the appointment can stretch on for months if not years, depending on the amount of assets that need to be distributed, the amount of claims filed, and the amount of accounting that need to be filed before the court is pleased that the PR has upheld their fiduciary duty.
IS THE PROBATE PROCESS DIFFERENT FOR EACH COUNTY OR STATE?
All the counties in Maryland are bound by the same laws, but some county’s process their petitions differently. The estate and trust laws differ from state to state.
SENIOR LOOKING TO MOVE TO ASSISTED LIVING OR A RETIREMENT COMMUNITY
We know many seniors choose their forever homes as the place they plan to live for the rest of their lives. Unfortunately, illness, injury, and age often make living independently and keeping up with the demands of a home impossible. Perhaps a spouse has passed on, and a change is in order. Perhaps extended family members would feel more at ease with their loved ones in an assisted living facility. No matter the reason, ASAP Home Buying strives to make the process of moving and selling a home as seamless and timely as possible so that seniors and their families can focus on getting the care they need.
Once we establish our client’s desired moving date, we will take care of everything else. Our personable staff can assist with everything: from cleaning out the home, to packing and moving, to finding a new place to live. We also provide in-depth information on various senior living options–whether it is home sharing, moving abroad, age-restricted communities, assisted living communities, nursing homes, continuing care retirement homes, or hospice, we have the resources to help seniors find the best option to suit their needs
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