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Selling a House in Probate in Lone Tree

Lone Tree properties often represent significant estate value. Here's how to navigate the probate sale process efficiently.

Good News for Lone Tree Estates

Colorado allows property sales before probate closes. Once you have Letters Testamentary from Douglas County District Court, you typically have authority to sell. Lone Tree's strong market means quick sales are achievable.

The Probate Sale Process

1

Open Probate

File at Douglas County District Court in Castle Rock. Most Lone Tree estates qualify for informal probate, though higher-value estates may require more documentation.

2

Get Appointed

Receive Letters Testamentary (with will) or Letters of Administration (without will). This document gives you legal authority to act on behalf of the estate.

3

Handle HOA Requirements

Contact the property's HOA for status letter, outstanding dues, and transfer requirements. Lone Tree communities often have specific procedures.

4

Accept an Offer

With your Letters in hand, you can accept offers and sign contracts as personal representative. We can provide an offer within 24 hours.

5

Close & Distribute

Title company handles closing. Funds go to estate account for distribution according to will or intestate succession.

High-Value Estate Considerations

Lone Tree properties often have significant value. For larger estates:

  • Federal estate tax: Only applies to estates over $12.92M (2023)
  • No Colorado estate tax: Colorado doesn't impose state estate tax
  • Stepped-up basis: Heirs receive property at current market value for tax purposes
  • Multiple heirs: May need court-approved distribution plan

Selling Options During Probate

Traditional Sale

  • • List with agent
  • • Stage and show property
  • • 60-90+ days average
  • • Higher potential price
  • • 5-6% commission

Direct Sale to Us

  • • No listing or showings
  • • Sell in current condition
  • • Close in 7-14 days
  • • Certainty of closing
  • • No commissions

Need to Sell a Probate Property in Lone Tree?

We handle HOA requirements and close quickly. Offer in 24 hours.

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