Inheriting a house can be a significant responsibility, and it can be overwhelming to figure out what to do with it. Often inherited houses come after a death in the family which is already an emotional time for everyone, so dealing with what to do with the house and everything in it, may not be on anyones mind. It is also common for disagreements to arise around what to do with the house when multiple heirs inherit the property equally. If the person who passed away didn’t leave instructions (and they often don’t) on what they expect to happen with the house, what do you do if all heirs don’t agree?
- If you want to sell the house quickly and easily, we buy houses in Kansas City with cash, in as-is condition, and can close the sale quickly. This can be a good option if you want to avoid the hassle of listing the house on the market, dealing with real estate agent contracts, fees, and commissions, and waiting for a buyer to make an offer.
- If there was a beneficiary deed in place or probate has already occurred, you can sell the property just like any other. The most difficult hurdle might be an agreement if there are multiple owners. You can choose to list the house on the market with a real estate agent, or you can sell to Mastiff Home Buyers for cash or through installments.
- If the estate is going through probate, we will work with you through that process that might take several months or longer.
A number of situations can lead you to owning a vacant house. It could be a death in the family, marriage, divorce, or job change. There are also number of risks with owning a vacant house, the most obvious being the risk of loss and damage from vandals or emergencies. Other risks may be apparent when there are no utility services or appropriately weatherizing the property has not occurred.
In either scenario, Mastiff Home Buyers is here to provide a service and help you with what you need. We will make a cash offer based on the current condition of the house and the local real estate market. A cash offer may be less than what you could potentially get by listing the house on the market, but the convenience and speed of the sale may make it a worthwhile option.
Mastiff Home Buyers can buy inherited or vacant houses in a few different ways, depending on the specific situation. Here are a few common scenarios:
The most common scenario is an all cash purchase. Typically an all cash offer will be lower than market value as you are paying for convenience and speed just like you pay more to buy take out vs cooking at home. If you want to receive top market price for the house and are willing to sell with installment payments rather than one lump sum, we can offer to pay more for the house. If you are not yet ready to sell the property today, we can buy it through a lease with an option to purchase in a few years.
Would You Like To Sell Your Inherited or Vacant House In [market-city]?
Whatever you decide to do with your inherited house or vacant house, it’s essential to do your research, consider your options, and seek the advice of professionals if necessary. We are here to help you, just give Angel a call at (816) 535-0076 or fill out the form below to see how we can help you today.