What probate is (in plain English) Probate is the court-supervised process of identifying a decedent’s assets, paying valid debts and taxes, and distributing what’s left to heirs or beneficiaries. In Illinois, the Probate Division of the Circuit Court handles decedent estates at the county level. Circuit Court of Cook County Typical phases and how long […] The post Illinois Probate Timeline: From Opening the Estate to Final Distribution appeared first on Tony Buys Homes Cash.| Tony Buys Homes Cash
What “Delinquent Property Taxes” Mean In NW Indiana Your taxes are delinquent when you miss one or more installment due dates. Penalties and interest begin accruing, and if the balance remains unpaid long enough, your property can be certified for the county tax sale. In Lake County (Hammond, Gary, East Chicago, Munster, Highland), Porter County […]| Tony Buys Homes Cash
How To Sell Your NW Indiana Home During Forbearance Can You Sell While in Forbearance in NW Indiana? Yes. Being in mortgage forbearance doesn’t stop you from selling your home. You’ll still need to pay off the loan (including any paused or reduced payments) with your sale proceeds, but an ordinary sale is allowed if […] The post How To Sell Your NW Indiana Home During Forbearance appeared first on Tony Buys Homes Cash.| Tony Buys Homes Cash
Is There a Holding Period Before Selling My Inherited Home in NW Indiana? Short Answer: Usually No “Holding Period,” But Key Probate Steps Matter Indiana law doesn’t impose a universal waiting period before an inherited house can be sold. In many estates the personal representative (executor) may sell property without a court order if the […] The post Is There A Holding Period Before Selling My Inherited Home in NW Indiana appeared first on Tony Buys Homes Cash.| Tony Buys Homes Cash
How to Navigate Creditor Claims on Your Probate House in NW Indiana What “Creditor Claims” Mean in Indiana Probate When someone dies owning a house, creditors (like credit cards, medical providers, mortgage lenders, HOAs, and taxing authorities) get a chance to file claims against the estate. Real estate that passes to heirs is still “chargeable” […]| Tony Buys Homes Cash
How to Probate a NW Indiana House From Another State Inheriting a house in Northwest Indiana while living out of state can present unique challenges, especially when it comes to navigating the probate process. If you’re the executor or heir to an Indiana estate and wondering how to probate a NW Indiana house from another […]| Tony Buys Homes Cash
Executor Mistakes to Avoid When Selling an Inherited House in NW Indiana Serving as the executor of an estate is an important and often overwhelming responsibility—especially when it comes to selling inherited property. If you’re the executor of an estate in Northwest Indiana, you’re likely dealing with legal paperwork, grieving family members, and the complex […] The post Executor Mistakes to Avoid When Selling an Inherited House in NW Indiana appeared first on Tony Buys Homes Cash.| Tony Buys Homes Cash
Do You Have to Pay Taxes When You Inherit a House in NW Indiana? Inheriting a home in Northwest Indiana can be both a blessing and a responsibility. While it’s comforting to receive property from a loved one, many people wonder, “Do I have to pay taxes when I inherit a house in NW Indiana?” […] The post Do You Have to Pay Taxes When You Inherit a House in NW Indiana? appeared first on Tony Buys Homes Cash.| Tony Buys Homes Cash
If I File Bankruptcy, Does That Stop the Foreclosure on My House in NW Indiana? Facing foreclosure can be an overwhelming and stressful experience, especially when you’re unsure of your legal options. If you’re asking, “If I file bankruptcy, does that stop the foreclosure on my house in NW Indiana?” — the answer is yes, […]| Tony Buys Homes Cash