Selling an inherited home in Texas is not as easy as people think! Read on to learn how to sell a house you inherited in the Central Texas area of Travis County, Hays County, Williamson County …
First of all, there is always that emotional part in preparing a loved one’s house ready for sale – which most likely includes depersonalizing his or her rooms and also clearing out all the belongings… Then there is the cost of marketing the house in order to attract potential buyers.
Usually heirs get to deal with the high costs of liens and other issues. Consequently, it is very common that disagreements arise, as to who pays for what and when, and who is responsible for the sale, clean up, repairs, etc…
We at www.TheTexasHouseBuyer.com have compiled a few points that should help steer you in the right direction, if you ever find yourself in such a dilemma. Here are a few tips on how to sell a house you inherited in Travis County, Hays County or Williamson County Texas.
Making the probate process go smoothly
Get some advice
The first step you should take is to get some professional advice. You must understand the status your house is in. Make sure that you verify your ownership. Seek advice from a real estate attorney. Get info from other experts too. And completely utilize this site too of course. We can also let you know if you are able to sell the property with current documentation you may have, or what type of documentation will be required until you can do so. Afterwards we can make you a fair offer for your inherited local Travis County, Hays County or Williamson County Texas house if it qualifies for us to buy. Fill out the form here to get started if you would like to see if your house qualifies for us to buy.
Next Step: Begin the probate process in Travis County, Hays County or Williamson County or in Harris County , Galveston County or Montgomery County.
IF you inherited a property, usually before you embark on the selling process, your house must go through a probate. Some counties allow for a summary probate – which is just a simple process that takes a very short time and involves less legal processes. Once your house passes the probate process in Travis County, Hays County, Williamson County you can then put it on the market.
You may have some Tax obligations after the sale of your home, make sure to look into those. The tax basis of your property is the house value on the date that the person who willed you died. The difference between the amount you realize from the sale and the value is basically the gain on which you owe the taxes.
How to sell a house I inherited in Austin?
Agreeing to sell
If you are ready to sell your house in Travis County, Hays County or Williamson County, you can inform the executor to petition the court in order to get the “go ahead” sign and proceed with the sale from the there. Problems always arise when siblings who share the inheritance have different views – for instance others may want to sell the house while others may not be for the idea. If and when this happens to be the case, it is important to solve these issues before moving forward with the sale. It is also important to involve your estate lawyer in this stage of the process.
Preparing to sell
A house that belonged to an elderly person in many cases has fallen into disrepair and may require repairs and a bit of updating before you can put it on sale. You will need to get rid of everything! You can choose to hire an inspector to note down potential issues and recommend possible repairs. Although you can sell a home in Travis County, Hays County, Williamson County , Harris County, Galveston County or Montgomery “as is” for lower price to cash investor as well, especially if your house requires extensive repairs or cleaning.
Here at www.TheTexasHouseBuyer.com however, we will always make you a fast fair offer and help you get as much value from your inherited house as possible. We buy many houses in Travis County, Hays County or Williamson County, Harris County, Galveston County, and Montgomery County and repair and fix them up and either rent them out or sell them to someone else looking for a great deal.
If your local Travis County, Hays County , Williamson County, Harris County, Galveston County or Montgomery County house meets a few simple qualifications, we can buy your house fast.
Watch this video on How We Buy Inherited Houses!
Fill out the form or pick up the phone and give us a ring anytime at 512-593-6990 if you would like more information or are ready to get a fast fair offer for your home! Have a great day!