Sell an Inherited Home
Have you recently inherited a property that you do not want to keep? We can help you convert that home or land into cash in a 30 day period.
If you have recently inherited property, we can take the proper steps for you to convert the asset into cash, without long periods in the court system.
What To Do After Inheriting Property
Inheriting property from a deceased relative is often a windfall for the recipient but what do you do if you don’t want the house? Converting that house into cash might seem complicated, but it doesn’t have to be. Whether the home that you inherited is full of furniture or if it’s just an empty house on a big lot, selling an inherited home quickly is easier than you might think.
The Legal Aspect of Inherited Property
If it is stipulated in the will that you alone own the house, that makes things less complicated. If the house has several benefactors, you might want to meet with the other family members and make a decision to sell the house and split the cash evenly.
Unless the home is paid for, remember that the mortgage and even the second mortgage are now your responsibility and these bills must be paid or the house will go into foreclosure, even if you are inheriting the property.
If you already have a home mortgage, taking on an additional mortgage can be a big burden, which is why most people sell inherited homes.
What If the House Needs Major Repairs?
If the house has been vacant for some time or if it has fallen into disrepair, most people who inherit homes aren’t really interested in paying to bring the home up to current standards.
You may want to consider selling your home to an investor as part of an as-is sale. There are many benefits to doing this, including:
- Some investors will buy the home as-is even if there are renters in the house
- You will save huge amounts of time
- The house will sell much faster than using the traditional realtor/home inspection/open house/escrow method of home selling and buying
- You will probably end up with more cash on hand if the house needs major repairs
- You don’t have to move anything if you don’t want to. The house can be sold fully or partially furnished if you like.
Since some investors plan on repairing and then flipping the house, you may not like what they are going to do to the home but as with any sale, that’s not really your concern.
Having an Investor Buy Your Inherited Home
Often a Better Solution
You can have the property evaluated so that you know the current value of the home. You won’t have to invest time or energy making repairs or cleaning up the house to make it presentable to buyers, which is a big relief for many people.
Once you know the estimated value of the home, you should contact a trusted service that can help vet investors for you.
No one wants to be scammed or have problems selling a home to an investor only to find out later that the investor wasn’t everything they claimed to be or that they did not have the cash they promised.
“I didn’t know what to expect, but these are just honest, hardworking people and I trusted them immediately.”
– Robert H.
Westminster, MD
“Selling a home is a big deal. They made each step incredibly easy on me. They even helped me move a few things out of the house and into my new place!”
– Kathy R.
Eldersburg, MD
A simple way to sell your home as-is
Tell us about your home
Start with the property address. We will talk with you about the home and what you need from the sale.
Review your cash offer
After a conversation or walkthrough, we give you an offer in writing. You can decide if it works for you.
Choose your closing date
We work with you on the closing and move date. You receive your funds at settlement.
Find the right path for your home
Explore your options for selling a home in Carroll County.
Ready to Sell an Inherited Home?
Tell us about the property and your plans. Explore an as-is sale with a closing date that works for you.