What to Do When You Inherit a House You Don't Want
Inheriting a house can be an unexpected burden — especially if the property is in poor condition, located far away, or comes with complications like back taxes or problem tenants. This guide explains your options when you inherit a house you don't want to keep.
Your Options When You Inherit an Unwanted House
When you inherit a house you don't want, you have three main options: sell it, rent it out, or transfer your share to another heir. For most people in this situation, selling is the most practical choice. The question is how to sell in a way that minimizes stress, cost, and time.
Dealing With the Probate Process
Before you can sell an inherited property, it typically must go through probate — the legal process by which the estate is administered. Missouri probate takes a minimum of six months. During this time, the executor has authority to manage the property. Once probate is complete, heirs can sell their interest in the property.
Handling Back Taxes and Deferred Maintenance
Many inherited properties come with accumulated back taxes, deferred maintenance, or both. These can be significant financial burdens. The good news is that in most cases, back taxes and other liens can be paid off from the sale proceeds at closing, so you don't need to pay them out of pocket before selling.
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Selling an Inherited House As-Is
Selling as-is to a cash buyer is often the fastest and most practical option for inherited properties. You don't need to clean out the property, make repairs, or deal with the logistics of a traditional listing. We can work with your probate attorney and close on a timeline that works for the estate.
When Multiple Heirs Are Involved
If multiple heirs inherit a property together, all parties must typically agree to the sale. This can sometimes be complicated. A cash sale can simplify the process by providing a clear, straightforward transaction. If heirs can't agree, a partition action through the courts is another option, though it's more time-consuming and expensive.
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