How can you sell inherited Texas property fast?
Coping with the loss of a loved one can be a long and difficult process. After saying goodbye, you may find yourself with an unanticipated problem: inheriting the house, condo, duplex, or other real estate owned by the departed.
If a family member left you their Texas home, you have a lot of options. Deciding what’s best for you means considering a lot of factors, including emotional attachment and cost of ownership.
Deciding to Keep Inherited TX Property
For some people, a departed loved one’s Texas home may come with a lot of memories. It can be hard to decide to let it go.
However, if you choose to keep an inherited house, you’ll want to keep these things in mind:
- Taxes. You’ll be responsible for paying property taxes every year in the county and city where the real estate is located. Texas has some of the nation’s highest property tax rates, with some cities adding even more on top of the county assessment.
- Maintenance. Assuming you don’t move into the home yourself, you’ll need to spend time and money on regular upkeep: mowing the lawn, pulling weeds, cleaning gutters, and keeping the HVAC system in working order.
- Tenants. You may decide to make the house a rental property. While this can generate income, the costs can add up, too. You’ll need to pay for immediate repairs to plumbing, electrical systems, and appliances, and any other expenses that come up. If you don’t live nearby, you may need to hire a property manager – another monthly cost.
What if the House is in Probate?
Often, a Texas home goes into probate when the owner passes on. Probate can be a long and difficult process. To help, we’ve created The Ultimate Guide to Texas Probate, a FREE online resource.
We Buy Inherited TX Property Fast
There is an easier way! Even if the property is in probate, has an outstanding mortgage, or is under a reverse-mortgage, we can buy your inherited Texas property fast, for cash.
- Avoid a lengthy probate selling process – If your loved one didn’t leave a will, we can close with an heirship affidavit that has two sureties.
- Sell your house in as-is condition – even if it has foundation problems.
- We pay normal closing costs – no extra money spent on your part.
Here’s how our rapid step-by-step process works:
- You contact us online or call us and ask for a free, no-obligation consultation.
- We make a brief visit to the property at a time that works for you.
- Within 24 hours of our visit, we make you a cash offer, in writing.
- If you accept our offer, we arrange for a title and deed check, and close in as few as 7 days.
Dealing with inherited real estate can add a lot of stress to an already difficult time. Let us help you sell your inherited Texas property, fast. Contact us today for a zero-obligation consultation.