Sell an Inherited House Fast for Cash

Probate decides when you can sell, not whether

The usual hold up is authority. Until the court appoints a personal representative or executor, nobody can sign the house over. That step takes weeks to months, depending on the county and on whether there is a will. We buy through probate and can wait for the court's letters. What helps us early is which county the estate is in and whether a representative has been appointed yet.

When several heirs share the house

When brothers and sisters inherit together, everyone on title has to agree to a sale. A cash sale with a set date and a written number is often easier to agree on than a listing with a moving price, because there is a real figure to divide. We can send the offer in writing to every heir at once, so nobody feels left out.

The house is usually full, and that is fine

Most inherited houses come with decades of belongings inside, and clearing a parent's house is the part people dread most. Take what matters to you and leave everything else. We handle the rest. You do not need to clean, haul anything away, or hold an estate sale first.

What to have ready

• Which county the estate is in
• Whether a representative has been appointed
• The names of everyone who inherits
• Whether there is a mortgage still on it

We are a cash buyer, not attorneys or accountants. Nothing here is legal or tax advice. For the legal side of a sale, talk with your attorney too.

Questions people ask about this

Can I sell before probate finishes?

Often you can sell once a representative is appointed, even if the estate has not fully closed. The details vary by state and by whether there is a will, so check with the estate's attorney. We can work to whatever date that gives you.

What about the mortgage on an inherited house?

It does not go away, but it is paid off from the sale proceeds at closing like any other loan. If payments are behind, tell us early, because that sets a deadline on the timing.

Will I owe capital gains tax?

Inherited property generally gets a stepped up basis to its value on the date of death. That often means far less gain than people expect. We are not tax advisers. Our guide on stepped up basis explains how it works, and your accountant should confirm your own case.

Keep reading

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