Is the process for selling an inherited home different from selling a regular one?
Is the process for selling an inherited home different from selling a regular one?
It is a little bit different, yes, both on a practical and legal front. I learned a lot about this when looking into how do I sell my inherited house in Corpus Christi.
On a legal front, you need to make sure all the paperwork is in order as far as making you the new legal owner of the home. Assuming you are the sole owner and the sale value won’t have to be split with other relatives. There are also some details regarding taxation when it comes to selling inherited assets, which is something your accountant, family attorney, or even your real estate agent will be able to tell you about.
As far as the practical front goes, well, there’s the matter of all the stuff in the house. If you were close with the deceased relative, going through their stuff and figuring out how you are going to store the personal effects that you don’t want to throw away can take quite a lot of work. Of course, if that’s not an issue, you can just contact a home buying company like Favor Home Solutions and sell the house as-is, with everything still inside.