If you’ve inherited a house, often the decedent’s home is sold during the probate process to cover debt claims against the estate. It may also be sold so that the proceeds can be used to equally distribute the cash value of the estate amongst multiple beneficiaries. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we know that if you’re facing this situation, you need the help of an experienced probate real estate agent who understands how selling property during probate proceedings differs from a traditional home sale. When you’re selling your own home through a traditional sale, you’re acting in your own interests, which means you can set your own timeline for the home sale. You’re free to list the property at any time and at any price. Check out below to see what sold in Abbey Knoll in December 2020:
1029 Abbey Court, Northville: 4 bedrooms, 2.1 bathroomss, 2,959 sq. feet, 2 car garage, Sold Price: $500,000
Abbey Knoll Home Sold
December 2020
With traditional sales, it’ll take an average of three weeks to get an offer for the home—and you are free to choose whether or not to accept the offer. Once accepted, you’ll have an average 47-day escrow period and once all the final contracts are signed the home is sold without any need for court supervision. For more information on Abbey Knoll, or similar Northville or Novi neighborhoods such as North Hills, Briarwood and Lakes of Northville, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.