Have You Inherited A House in Corpus Christi?
People are always surprised to learn that selling an inherited home in Corpus Christi isn’t as simple as might be assumed. If you have inherited a house in Corpus Christi and are thinking about selling it, keep reading to learn more about how the process works.
One thing people fail to realize is the heaviness of the emotional burden of preparing an inherited home for sale. Depersonalizing rooms of a loved one and removing their belongings is not easy to do. And these are just the emotional costs before we get to talking about anything involving marketing or preparing the home to be able to attract the kind of buyer you desire.
In many cases, an inherited home comes with liens or other complicated financial issues. This can lead to disagreements between family members during an already stressful time. What follows is some practical advice to help you navigate what may be a complicated procedure of selling your inherited home.
How to Make the Probate Process as Smooth as Possible
#1 – Get Reliable Advice
The first step is to enlist the help of a professional who is familiar with the process in Corpus Christi. Before you can do anything, you’ll need to determine what the status of the house is and if you can verify your ownership. A real estate attorney is likely the best option to help you with this, though other experts like real estate agents may have good insight as well. ACF Buys Homes is also here to help, so feel free to use all the information on our site or to reach out to us by filling out the form on this page or calling us at (512) 883-0767. If your house meets a few simple criteria, we can even offer you a fair price on your inherited home.
#2 – Begin the Probate Process
Before you can sell, you’ll need to complete the probate process through the Probate Court in Corpus Christi. In many cases, you’ll be able to file a simple summary probate. This is a less complicated legal process and does not take as much time. Consult your real estate attorney for help with filing the needed forms with the court. Once the probate process has been completed, you can put your house on the market in Corpus Christi.
#3 – Don’t Forget Tax Considerations
Though taxes can seem complicated, the process is fairly straightforward when selling an inherited home. Any difference between the amount you sell the property for and the amount it was valued at when the person who left it to you died will be the gain on which you would owe any taxes.
#4 – Agree to a sale
Once you have found a buyer for your Corpus Christi house, inform the appointed attorney to petition the court for your needed go-ahead. Once approved, proceed with your sale from there. If there are disputes between siblings on whether or not to sell the house, rely on your estate attorney’s advice to minimize unneeded stress and fighting.
#5 – Prepare to make the sell
It is not uncommon at all for a house owned for a long time by an elderly person to need some kind of repairs or updating before it will be able to attract top dollar from potential buyers. This means you’ll likely need to empty the house of everything as well as have it inspected by an independent professional. You’ll want to know any potential issues and associated repair costs to know what you’ll need to pay upfront to get top dollar. Another option in Corpus Christi is to sell your home “as is” to an investor like ACF Buys Homes.
Looking for an easier and much quicker way to sell your inherited home in Corpus Christi? Let ACF Buys Homes Help!
ACF Buys Homes has spent years building a reputation for fairness when working with homeowners in Corpus Christi and throughout Corpus Christi who need to sell their homes quickly. If you’ve inherited a home and want to sell it without the investment of time, emotions, and money, we will give you a fair price. Simply fill out the form on our website, contact us via email or one of our social media accounts, or call us directly at (512) 883-0767 and we can see if your home meets a few simple criteria. If it does, we can get you a fair price and cash in hand in relatively no time. Give us a call if you want to know more.