How To Sell The House I Inherited FAST!
“We Buy Inherited Properties FAST In Griffin, McDonough, Fayetteville, Newnan, Atlanta and Surrounding Cities!” CALL 678-540-4725
1. Identify the Property’s Rightful Owner
This is actually the trickiest step. Unless you were one of the lucky few whose loved ones managed to write a will before passing, or if the deed to the property doesn’t include joint tenancy with survivorship language, then you may be unsure who the rightful owner of the home’s title is. If you can’t find the proper heir, you don’t have a clear title, and the property can’t sell. This can get even more complicated if you’re dealing with things like multiple heirs or marriages, or if the heirs won’t work together to find the owner. The more complicated the family story, the more involved the process is.
Thankfully, our in-house title experts work with title companies and family members to make the process simpler. We have helped many quickly resolve their title disputes and settle their estates. If you sell your title to us, we will work with real estate attorneys to prepare the necessary documents for free. We’ll make sure the title is clear so you won’t have any future liabilities. We pay cash, and based on your situation, we will usually close on the property in 10 to 30 days.
2. Prepare a Vacant Home Insurance Policy
Once the rightful heir has been discovered, they will be tasked with maintaining the property. This includes getting a vacant home insurance policy in order to protect the property from liabilities, as well as utilities upkeep, lawn maintenance, disposing house contents, and paying property taxes. While keeping up with the sale of an inherited home can be stressful, it is important to ensure that basic care is taken to protect your vacant home.
3. Get a Fair Price for Your Inherited Property
4. Be Prepared for the Taxes
5. Things to Expect When Selling
Selling an inherited house is usually a complicated mess of family relations, emotion, legal work. Dealing with an estate left behind by a deceased loved one is always stressful. It doesn’t help that relatives, despite meaning well, may not be organized as you would’ve hoped. And unexpected developments such as hidden marriages and unknown children complicate the process even further. If you inherit a house, ask yourself if A) there’s a will, B) you have a family tree, and C) there are tax issues. Also, don’t forget that we’re here to help. If you’re looking to sell your inherited house or are just going over your options, call us, and we’ll give you a no-obligation offer in 24 hours or less, as well as work with you on these options.