INHERITED HOUSE
Don’t let your inherited house
cause you stress.
Inherited a house recently?
When someone passes away, their property goes through a legal process called “Probate.” Probate handles the liquidation and settlement of a person’s legal and financial affairs. The court reviews wills, estate plans, and other documents to identify the legal beneficiaries. This process can be complex, time-consuming, and costly. If you’ve recently inherited a house, we’re here to help.
NO WILL?
What happens if there’s no will?
Unfortunately, more than 60% of American adults do not have an estate plan. Without a will or estate plan, the state determines the beneficiaries and property distribution, creating legal and financial challenges. Families often find it overwhelming to navigate this process while coping with the loss of a loved one.
WHO LACKS A WILL?
61% of Americans lack an estate plan
84% of single/never married Americans
70% of Americans with children under age 18 living in the household
34% of Americans age 55 and older
- 61% of Americans lack an estate plan
- 84% of single/never married Americans
- 70% of Americans with children under 18
- 34% of Americans aged 55 and older
INHERITED COSTS
What are the expenses of an inherited house?
Probate homes are often in poor condition due to the previous owners’ age, illness, or inability to maintain them. An empty house during probate can incur significant costs, especially if beneficiaries live out of state. They must handle necessary repairs before living in it, renting it, or selling it through a realtor, which can be expensive if the house is in disrepair.
9 HIDDEN COSTS OF HOMEOWNERSHIP
Maintenance
HVAC replacement, foundation repairs, plumbing fixes, and carpet cleaning.
Home Insurance
Average cost is $1,000 annually, varies by location.
Utilities
Average cost is $1,000 annually, varies by location.
Property Tax
Average of $2,216 annually, varies by home value.
Mortgage Interest
Annual rate of 3% to 5%, varies widely.
Private Mortgage Insurance
0.3%-1.50% of the mortgage if down payment is less than 20%.
Renovations
Extra funds needed for updates and repairs.
Homeowner's Association Fee
Covers public space maintenance, often mandatory.
Closing Costs
Typically 2-3% of the home’s cost.
WHY CHOOSE US
Sell with confidence
We’re transparent and reliable.
You can trust us to honor our offers and complete the sale as promised.
We make it easy for you.
No need to worry about repairs, showings, or delays. We handle everything and offer flexible closing and move-out options.
We solve complex problems.
No real estate issue is too challenging for us. Whether it’s a lack of equity or urgent situations, we’re here to help.
Inherited a house?
We can help you cash out quickly.
