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How long does it typically take to receive funds after closing for an inherited property sale in New Mexico?

House closed 04/18/2026 and was updated to sold on Zillow the next day. It was sold for about double the amount left on the mortgage and the proceeds after all fees and taxes and stuff is split between 2 siblings who no longer speak to each other, 1 being my husband. The decedent has been passed for 3 years and this was the only remaining asset in probate, one sibling lived in the home but decided to sell and let go.

We want to use the proceeds to purchase property in the next year or so, our lease is up in October and we don’t live in a wonderful area, we have a young son and think it’s time to move on, and I’m trying to make a bit of a timeline so we know what to expect. We would hope to close on a home by December or January of next year.

If anyone knows the typical timeline for funds dispersal in a situation like this it could help. Thanks

submitted by /u/ViceInSinCity
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source https://www.reddit.com/r/RealEstate/comments/1tgzd1o/how_long_does_it_typically_take_to_receive_funds/
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