Inherited Property

Austin House Buyer

Inherit a House You Don’t Want to Keep? Confused About the Law?

Have you inherited a piece of real estate and find yourself unprepared to take on the burden? Maybe you’re named the executor of a will and probate laws confuse you. Real estate is sold in probate court when the owner of a property passes away. If there is no appointed heir when the owner passes, the property is turned over to the courts and then appointed to the closest relative as the executor to sell the property. If you find yourself on the receiving end of this transaction, and are unsure of how to proceed, accepting a cash offer for the house may be a quick and simple solution for you.

There are many reasons why someone may not want to keep a house they’ve inherited; from location to sentimental reasons to business interests. Many recipients of inherited real estate struggle to navigate the process and wonder if they can sell before probate.

If a will exists, chances are someone knows about it and may be named as the executor of the will. The executor has the duty and obligation to see that the last wishes as outlined in the will are fully carried out. If real estate is involved in the will, the probate process is likely necessary. Individuals who have inherited a house may not realize this and they may attempt to put the house on the market right away. An experienced and knowledgeable real estate agent will catch this and realize the house needs to go through the probate process.

Can You Sell an Inherited House Going Through Probate?

In the state of Texas, you can sell a house that is currently going through probate. There are specific steps that must be taken in order for the sale to be legitimate; for example, an appraisal. The process can be lengthy, confusing and headache-inducing if the house requires extensive repairs and renovations to become market ready.

The probate process, which should be explored extensively through legal channels in the state the house is located, will likely leave heirs exhausted before ever getting to the part where the house needs to be market-ready.

A cash offer is a great alternative to putting an unwanted house on the market and navigating the painfully tedious process of real estate agents, home inspections and marketing costs.

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