Did you inherit a house?
Selling an inherited house can be simple or difficult.
It is often the most controversial part of dealing with the estate, particularly if there are many other beneficiaries involved. One house I worked on had at least 17, and about 5 of them could not be found. You may even have to deal with the tax or taxes on an inherited house.
If there is a will directing what is to happen to the estate matters are more straightforward.
However, if the deceased is intestate, things are often more protracted and complicated.
Keep open and clear communication between all parties from the start. It sounds simple but emotions may be running high particularly if the dead person was a close relative and perhaps the inherited property was the “family homeâ€.
To sell an inherited property it is wise to establish what each party needs and reach a clear collective agreement as to whether to sell an inherited property and if so at what price and what the ideal timescale should be. This discussion will avoid discord further down the line and help to resolve matters smoothly and amicably.
If there is a need to sell the inherited property a cash buyer could be a good solution. True there will be a compromise on price but a guaranteed quick sale will often outweigh any shortfall.
How to sell your inherited house
Get our Cash Offer for Your House in 24 Hours. We may be your best solution, so give us a try.
At least give us a call at 804-719-1489.
