Inherited Property or Estate Sale
Inherited Property or Estate Sale
Selling an inherited house can be an emotional and challenging process, often requiring costly repairs. Here are some key points to consider:
Legal Requirements
Always consult a real estate attorney to determine if the property needs to go through probate before it can be sold. Probate is the official process of settling an estate under court supervision. Not all assets are subject to probate; it depends on how the property was owned.
Understanding Probate and Estate Sales
• Probate: The court-supervised process for settling an estate.
• Estate Sale: Managed by the owner's heirs, loved ones, or hired professionals, estate sales often need to be completed quickly due to downsizing, debt, divorce, or death.
Ongoing Costs of an Empty House
Even if unoccupied, a house can incur significant expenses:
• Homeowners insurance
• Property taxes
• Utilities
• Wear and tear from aging
• Vulnerability to vandalism and theft
You may lack the funds, time, or interest to fix up the property.
No repairs, no showings, no commission, no hassle, and no waiting! Get your offer NOW!
Begin the process below or contact us now at 210-202-4015 to receive a free, no-obligation offer.
Selling an inherited house can be an emotional and challenging process, often requiring costly repairs. Here are some key points to consider:
Legal Requirements
Always consult a real estate attorney to determine if the property needs to go through probate before it can be sold. Probate is the official process of settling an estate under court supervision. Not all assets are subject to probate; it depends on how the property was owned.
Understanding Probate and Estate Sales
• Probate: The court-supervised process for settling an estate.
• Estate Sale: Managed by the owner's heirs, loved ones, or hired professionals, estate sales often need to be completed quickly due to downsizing, debt, divorce, or death.
Ongoing Costs of an Empty House
Even if unoccupied, a house can incur significant expenses:
• Homeowners insurance
• Property taxes
• Utilities
• Wear and tear from aging
• Vulnerability to vandalism and theft
You may lack the funds, time, or interest to fix up the property.
No repairs, no showings, no commission, no hassle, and no waiting! Get your offer NOW!
Begin the process below or contact us now at 210-202-4015 to receive a free, no-obligation offer.
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210-202-4015
18911 Hardy Oak Blvd. Ste 145 San Antonio, Texas 78258
© 2024 - EquityShield Group
210-202-4015
18911 Hardy Oak Blvd. Ste 145 San Antonio, Texas 78258
© 2024 - EquityShield Group