Selling an Inherited House,
Are you an Executor of an Estate
… With Questions on Selling the Property
Selling a house can be stressful, time-consuming, and expensive. When it’s not even your house, it can be even worse. We can eliminate that stress and give you the peace of mind that comes with knowing your house hassles are completely done – without having to fix it up, show it, wait for buyer financing, or evict the tenants. And to get that process started, head on down to the bottom to tell us about the house or investment properties that may need to be sold.
But because most people will have questions,
we wanted to walk you through our process.
What happens after I submit my inherited property?
When you click submit a couple of things are going to happen. First, the system zips off an email to let us know you sent in the property and if everything works properly, you should get an email from us almost immediately to let you know everything went through. Second, once we get all your information, we are going to do a bit of research into your property so we have some basic information gathered before we get back with you. Third, we are going to give you a call to chat more about your situation and the property.
Please note that if you call us instead, it works in a similar fashion. We collect a bit of info up front, then we do some research and then we call you back to chat.
What happens when we talk?
Now you may be wondering what we might ask when we talk. What could we possibly want to know?
First, we will need to know about basic things. Like the address, the number of bedrooms and bathrooms and how you would describe the overall condition of the house. If you have submitted the house through our submission form here on the website, you may have already shared that information, which can save us time. Basically, we are just trying to get a good feel of the size and shape of the house as well as what we might need to make in repairs.
Note, that if it needs a lot in repairs, that’s ok, most houses we buy do need work. Likewise, if the home is perfect, we can work with that too.
Next, we will ask you about debts and liens on the property. Not that we want to pry, but we need to determine whether or not that this is a situation where we can provide a solution or not. If the home is free and clear or has some equity, we can typically offer a solution, but if there is a large mortgage on it or assorted liens that will need to be sorted out, we need to know this going in so we can get them resolved.
Our next question will probably be the price. We need to know how much you want to get out of the house. It is important for us to get an idea of what you are looking for to make sure we don’t waste your time our ours. . . we need to make sure that we are both in the same ball-park. We like to make sure we’re both thinking along the same lines before we ask you to take time and actually show us the house, so we can make a solid offer.
One of our last questions will be about listing the house with a Realtor. That’s the way you’ll make the most money on any house. Most of the time when a seller calls us, they have a big reason why – perhaps the house is in bad shape or they don’t have the time or desire to wait out the listing. What we do offer is a guarantee, because once we say were in and we sign the contract, it’s done.
But, if the house is in decent shape, and you have the time to wait for a qualified buyer and a traditional Realtor sale, that’s what will be the most likely to bring you the highest dollar amount. If this might be a better option, we can refer you to a good Realtor in your area. If, however, you’re just looking to be done with the house and you don’t want any surprises, that’s when our fast cash offer is the best option.
Do keep in mind that if we do come to an agreement, we are buying the house in its “AS-IS” condition. That means that you don’t have to worry about making any repairs. We will take care of them all one we buy.
What happens after the first meaningful conversation?
In most cases, after this conversation we will know if yes we can help you with a cash offer or no, we can’t. If we can help you, we will proceed to an appointment to come out and look at the home and make you a solid offer.
If we talk with you and determine your needs would be better met by listing the home, one of the Realtors on our team can come out for a listing appointment or we can refer you to several trusted Realtors that we work with.
Either way, we make sure you get to the right person to help you.
What happens after you make an offer?
This is totally up to you. If we make you an offer, you then can decide if it will work for you and then take our offer, reject our offer, or even counter our offer. Most of the time we are able to make something work with our initial offer, but sometimes it takes a little bit of negotiation. Once we do come to an agreement, we get everything in writing and send it off to our title company.
The Title Company will make sure the title is clean and they may need some documentation from you and the probate attorney to resolve all the issues. You may have to get the contract approved by the courts and if that is the case, the closing date may need to be a bit flexible. The closing date is either the date that you choose or after the court approval.
Inherited Home Resources
We have a few resources we like to share with those who have inherited homes or who are executors of an estate.
- Article: Three Things to Prepare an Inherited Home for Sale
- Article: How to Sell an Inherited House
- Article: Inherited Rental Property
- Article: Tax Consequences of Selling an Inherited Property
- Special Report: Guide to Inherited Homes
- Legal: Probate in Kansas / Probate in Missouri
So Who Are We?
The Tuckers from kcmoHomeBuyer are one of the Kansas City Metro area’s most respected housebuyers. We are a highly experienced home buying family that is focused on helping homeowners like you to sell your house fast, without any hassle, games, or fees, and we’re committed to delivering this service with transparency and integrity throughout the entire experience.
We buy houses all over the Kansas City Metro. We know the area, which means our home buying team can help you sell your house fast no matter where it is or what condition it’s in (and even if its full of STUFF).
The Tuckers have been buying houses across the metro from 2000 when Don & Kim started buying and renovating houses. Their son Scott joined the team in 2011 and has been helping buy and sell houses ever since. They are professional house buyers, which means they have their own cash and are ready to buy. Once they make you an offer you can choose whether or not you want to take that offer (and you can even talk it over with others, and think about it before deciding). they have a strict no-pressure policy, and their many previous clients love it and are proof that it works.
Fill out the quick form below or call (816) 408-3600 to get started.
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You Decide If It’s A Fit or Not. It’s That Easy And Stress-Free
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I’ll be only too happy to refer you to others.
It was great not having to go in and clean up that unholy mess and worry about disposing of everything. I hope you guys make a good sale on the property, I’ll be only too happy to refer you to others.