What’s The Difference Between A Trust Sale And A Probate Sale?

What’s The Difference Between A Trust Sale And A Probate Sale?

Published On: June 22, 2018|Categories: Blog|Tags: , |

For Indiana home buyers, purchasing a home in a trust sale requires no real special action. Just because the previous owner is deceased doesn’t mean the property has to go through probate. Many home owners put their homes into a trust. See, the goal is actually to let heirs bypass probate court. A trust sale saves the estate time and money.

Meanwhile, a probate sale is one in which the person’s estate is processed and administered by the court. These sales require court supervision and can take much longer. Actually, depending on the situation, probate can take between six months to two years on average. Plus, the home can’t be sold without approval from the court.

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If you’re interested in moving to a community near Evansville or Jasper, Indiana, check out our listings. Become familiar with the area. Before you start shopping for a home in Indiana, it’s a good idea to explore areas you might like to live in — that way you can get a feel for what properties are available and how much you’ll need to spend. We’ll help you find homes for sale in the most beautiful parts of Indiana.

Let us know if you want us to be on the lookout for Evansville or Dubois County homes with solar arrays, geothermal systems or other green upgrades too!

Thinking of Selling Your Dubois County Home?

On the other hand, if you’d like to sell your Dubois County real estate, we’d love to help with that too! We offer a completely FREE Comparative Market Analysis (CMA). Zillow’s zestimates can be off by as much as 12 percent! Obviously, to make any decisions, you need to know the actual value of your property, right? A 12 percent difference could be a deal breaker when it comes down to it. Yet, if you contact us today, we can get you a detailed report and the estimated value for your home based on today’s market. Plus, we can get that to you usually in less than one day. So, request your FREE home valuation for your Dubois County home today!

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Call us at 812-634-6969 or get in touch with us online. We can also contact you by email if that’s easier for you! Just fill out our contact request form, and we’ll get in touch right away!