Inherited Houses

Curious what on Earth occurs when you inherit a house?

From one perspective, it’s a real cherry on top when a family member thinks of you in their will and gifts you the house. But in reality, more often than not, you are handed over a responsibility of paying the monthly mortgage dues, the yearly insurance premiums, property taxes and all sorts of debt linked to the property. Not to forget the Federal Inheritance Tax you need to take care of. Chances are you could own it with other relatives, each of them get a vote in the decisions regarding the home. It is also possible that the property is situated in a different state and managing a house from several states away could be like navigating a labyrinth. From what we have seen, it is more of a regular occurrence that the inherited house swiftly shape-shifts from a blessing into something of a burden really.

Available options for offloading an inherited house –

It is quite the norm that people who wish to sell an inherited house firstly consider the well-worn pathway of listing and selling. What they might not usually take into account is the upfront cost of doing an overhaul, repair works, thorough cleaning and sprucing up the house for getting it ready for sale. To make things even more convoluted, these multitude of activities probably require agreement with multiple parties. Then there are real estate agent fees and other closing costs on the side as well to ponder about! Plus there’s no guarantee how swiftly the house is going to be sold.

And how about an instant all-cash sale?

An all-cash sale with Vandy Properties can be your knight in the shining armor. You don’t need to the clean the property or repair anything. We can even deal with the contents of the house itself. You are free to snatch up anything you fancy and leave the rest for us.
And guess what, we don’t ask for commissions! And we pay all the normal closing costs. We’ve got the ability to close in as few as three weeks, or later, if you prefer, and you could have handy cash to cover inheritance taxes, or to resolve any outstanding debt, all the while saving for a rainy day.

As far as we’re concerned, the only decision you and the other inheritors need to agree on, is our all-cash proposal to purchase the house “as is.”

About our way of working

Everyone is unique! At Vandy Properties, we take a closer look at each seller, house and situation as unique from another and will be working closely with you to search the best possible solution. We’re known to have scooped more homeowners out of ugly situations than anyone else. We bring to the table trusted experience for closing fast with an all-cash offer, thanks to several years of experience buying houses and our long-lasting relationships with lenders makes financing a cakewalk!

A visit to the house you got passed onto you is not going to cost you even a penny. And for the record, you’re absolutely under no obligation to accept our offer. We’re just here to make selling a real breeze, saving you hassle and headache.