Selling an Inherited House for Cash

JMS Home Buyers works with families that have decided selling an inherited house for cash is the best choice for them. Inheriting a house can be overwhelming and the process confusing. There are many decisions to make regarding the inheritance. Should they keep the house as a rental property, sell the home with a listing agent, or sell the home for cash quickly to an investor? Sometimes it is the condition of the inherited home that motivates families to sell. If the home has been vacant and requires more than cosmetic repairs the inherited home can quickly become a strain on personal finances. And require more of your time than expected. The inherited property is a gift regardless of its condition. Investors, such as JMS Home Buyers, buy inherited homes. We can buy the home while it is still in probate, vacant or occupied. This is helpful when an estate needs to pay bills. And in some cases when there are multiple heirs selling the home is the best solution.

Inheriting an house can result in you becoming a landlord. And with very little out of pocket expenses if the home has been well maintained. The first step is cleaning out the home including its attic and crawlspace. Then beginning the process of doing necessary repairs. When preparing to rent the home you will want to do repairs that are obvious. You will also want to budget for cosmetic upgrades necessary to attract the best tenants. Should you decide to hire a property manager they will consult with you how to maximize the rent potential for your area. Your property manager will market your new rental home to potential tenants, screen tenants, show the property and handling the rental agreements. 

Another option is to sell your inherited house is to sell it with a real estate agent. Getting the home listed on the MLS can happen quickly. How long it takes for a buyer to find you and make an offer is not something your agent can control. Once you have an offer that you have accepted, and their loan has been approved closing can happen rather quickly. Things to consider when listing your home with an agent are the fees you will pay at closing. There are attorney’s fees, real estate commissions, and possible concessions you make based on the result of the inspection report. The listing price of the home you and your agent decide will take all these things into consideration.

Selling an inherited home for cash is a choice for families that are looking for an easy solution with fast results. First step is to call JMS Home Buyers for a cash offer. We will meet with you at the home do discuss your options and evaluate the condition of the home. We will ask you when you want to sell.  

Your timeline for when you want to sell the home may depend on several factors. Are property taxes, insurance and utility bills beginning to pile up? Has it been difficult finding someone to keep up the yard? And do you have concerns about the home sitting vacant? If you are looking for a quick closing an all cash offer allows us to close within 7 to 10 days. 

JMS Home Buyers will pay cash for your house and buy it in as-is condition. You will not have to hassle with cleaning out the home. Just take personal items out of the home. We do the rest. And make no repairs. Our cash offer is based on the repairs needed to resell the home at the market rate. When you sell your inherited home you will not pay any attorney’s fees. And there are no agent commissions to pay. If the inherited home has back taxes or liens against the home those will be deducted from the price we are paying for the home. Any taxes or liens will be reviewed with you before closing. There will be no surprises. 

Selling an inherited house for cash is simple and hassle free with JMS Home Buyers. Call today for a cash offer. 704-707-6016

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