Selling an inherited house.
Wondering what happens when you inherit a house?
It’s an amazing kindness when a relative remembers you by willing you a house. But often, what happens when you inherit a house is you become responsible for the monthly mortgage payments, the annual insurance premiums, property taxes and any other liens or debt on the property. You may own it with other relatives that all have a say in the decisions about the house. And there’s Federal inheritance tax to pay. Plus, you may be having to deal with the house from several states away.
In our experience, it’s pretty common that an inherited house becomes more of a burden than a blessing.
You have options for selling an inherited house.
Usually, the first method considered by people who are selling an inherited house is a traditional listing and sale. What they don’t often consider is the upfront cost of updating, repairing, cleaning and whatever else is needed to get the house ready for sale, and potentially needing multiple parties to agree on each of those decisions. Then there are Realtor® fees and closing costs to consider. And there’s no guarantee of how quickly it will sell.
What about a quick all-cash sale?
A quick and easy cash sale to We Buy Ugly Houses® can be just the solution. No one has to clean the property or repair anything. We can even arrange to deal with the contents of the house. Take whatever you want and leave the rest for us to deal with. You don’t give up any cash for Realtor® commissions or normal closing costs. We can close in as few as three weeks, or whatever suits your timeline, and you could have cash to pay inheritance taxes, to resolve debt, and to put in the bank.
And the only thing you and other inheritors of the house have to agree upon is our offer to buy the house “as is” for all cash.
What about the other cash buyers you hear about lately?
Sure, there are other cash home buyers, but many of them will lower their initial offers or reduce the cash coming to you with surprise fees. Others will back out of the deal entirely when they can’t secure financing for the purchase.
When We Buy Ugly Houses® makes a firm cash offer, you can trust that’s what you’ll receive at closing. We don’t charge commissions or fees, and we won’t reduce our firm cash offer. We have our own financing, so we can keep our promises.
You have enough to deal with in the wake of a loved one’s death. Talk to us about how we can make the sale of the house one thing that’s quick and easy.
We gave Angela and her brothers a helping hand and a listening ear when they needed to sell their mother’s house. Read about it now.
The house I was selling was my mom’s. Andrew was patient, kind, helpful and very understanding. He made me feel as if we were in this together no matter what. I feel like he was a supportive friend when I needed someone to watch my back.-Sherry D.
“Due to a medical hardship, my family elected to relocate our parents. I am thankful companies such as yours remain trustworthy. I could not be more satisfied.”Kevin S.., Roeland Park, KS
“We wanted to sell our house fast. Everyone else gave us a hard time and did nothing. HomeVestors made everything work. They are wonderful when you need to sell fast.”Mr. and Mrs. Fabiano
“When it came to selling my parents’ home, I saw it as overwhelming and time-consuming. HomeVestors seemed to understand. I found them willing to negotiate a fair price.”Bob R.
It's as easy as 1 - 2 - 3!
Let’s get started for free today. No obligation and no pressure. Just a quick visit to your house and we can then make you a fair cash offer on the spot!