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Residents of Houston, TX often question how they can sell an inherited home in the area. The reason is obvious. If you’re reading this page, then chances are that you have inherited a house or you’re the executor of the estate. You want to know how to sell an inherited house in Houston.
Selling an inherited property is different from selling other homes. Every inherited home must go through the probate process before you can sell the house. There are exceptions to this rule and we’ll check them out later.
Probate is the process of safeguarding the estate of the deceased person. The purpose of the probate is to ensure:
Probate is a legal and time-consuming process. The law states that you must pay all estate & inheritance taxes before you can inherit your share of the estate. When it comes to selling an inherited property, the process becomes complicated. Not only do you have to deal with the task of selling a house, but now you must take care of the probate and the legal complications.
Learn How to Sell Inherited Houses in Houston Area
You cannot sell an inherited house in Houston without involving a court. However, as mentioned above, there are exceptions to this rule. For example, the home doesn’t have to go through the probate if:
Problems arise when there is a pending mortgage, various stakeholders, and the value of the estate is more than $100,000. If this is the case, you’ll need to probate the home which can be a complicated and lengthy process.
Instead of dealing with the sales process, you can sell your house as-is for a cash price. By selling your house as-is, you don’t have to worry about:
You can choose a hassle-free way to sell your house. Fill out this form to get in touch with B&L Freedom Homes. Our team will contact you to discuss your situation. We’ll handle the legal aspects of the sales process if you choose to sell your home to us.
That’s a valid question.
The answer is yes and no.
In most states in the US, you cannot sell an inherited house before probate. However, in Texas, you’ll find some exceptions.
Affidavit of heirship: If a valid ‘will’ exists, you can claim the ownership of the real estate through the affidavit of heirship. However, if you can’t find a ‘will,’ the house will go through the probate before you can sell it.
It is best to consult a real estate attorney or contact us for further information.
Lucky for you, we buy houses in Houston.
Give us a call at 281-816-7914 or fill out the form below to get started. We look forward to talking with you.
Sell an inherited house in Houston