Selling inherited property presents special logistical, practical and emotional challenges. Having a plan and enlisting professional help will allow the best outcome for everyone involved.
1. Probate. If you’re the executor and you have siblings who share in the inheritance of the property, you’ll need the permission of your siblings and the courts to sell.
2. Agreeing to sell. If everyone involved in the inheritance agrees the property should be sold, the executor can petition the court to allow the sale and proceed from there.
3. Tax considerations. When you sell property you’ve inherited, your tax basis for the property is the home’s value on the day the person who willed it to you died.
We can buy your house fast in Texas! Markette Properties presents an unique, simple approach for selling your home! We are real estate investors. We buy houses in Texas just like yours! We are dedicated to the highest professional real estate standards for all of our clients.
Do you want to sell your house fast in Texas for top dollar with the least hassle? Give us a call! (210) 853-2788 or click the button below.