Inheriting property can be both a blessing and a challenge. While it’s wonderful to have received a family home or land, dealing with the logistics of selling an inherited property can quickly become overwhelming. If you have inherited a house in Baton Rouge or other areas of Louisiana, you may be wondering what to do next and how expensive it will be. Here are a few things to keep in mind so you can sell your inherited property quickly and easily.
1. Understand Your Situation
In Louisiana, the probate process is called a “succession”. This is a legal process to determine who will “succeed” or inherit the ownership of the property. A qualified attorney can handle this and guide you through the process. You will need to provide them with several key pieces of information such as:
The death certificate.
Current and former spouses.
All the children of the deceased.
If any of their children are deceased, the names of their children.
And the list goes on. That is why you need a qualified attorney to handle this.
You can find a qualified attorney by searching online for Probate Attorney. If you sell your house to a cash home buyer like Rally Home Buyers LLC, we can introduce you to a qualified attorney and in some cases, we can even cover the attorney cost for you.
2. Sell the Property As-Is
One of the quickest ways to sell an inherited home is to sell it “as-is.” This means you won’t need to worry about making repairs or upgrades before selling. Many homeowners worry that selling as-is will lower the value of the property, but that’s not always the case—especially if you find the right buyer.
Cash buyers, like professional home-buying companies, often specialize in buying properties in any condition. This means you won’t have to invest time or money into fixing up the property. Selling as-is is particularly helpful if the home has been vacant for a long time or has been damaged.
3. Consider Cash Buyers
Cash buyers offer one of the fastest ways to sell your inherited property. Unlike traditional real estate sales that can take months and involve multiple parties, a cash sale eliminates many of the hurdles. Cash buyers typically don’t require inspections, appraisals, or repairs, which can significantly speed up the process.
In Baton Rouge and many other areas, professional home buyers can close the sale in as little as a week in some cases, making it a convenient option for heirs who want to move on quickly.
4. Simplified Paperwork
Selling an inherited property can involve more paperwork than a typical real estate transaction, especially if there are multiple heirs involved. Working with a professional home buyer can streamline this process. These buyers are often familiar with the legal nuances of inherited properties and can help ensure all the paperwork is handled correctly.
A reputable home buyer can make the process much easier and less stressful by offering guidance throughout the process.
5. Avoid Realtor Commissions
Another advantage of selling your inherited property to a cash buyer is avoiding realtor commissions. Since cash buyers typically operate without realtors, you won’t have to worry about paying a percentage of the sale to an agent. This can save you a significant amount of money and make the sale more profitable overall.
6. Quick and Hassle-Free Process
The biggest benefit of selling your inherited property to a cash buyer is the speed and convenience. Traditional home sales can involve months of listing and marketing, and waiting for buyer financing to go through, and then making repairs after the inspections are completed. With a cash buyer, you can skip all of that and focus on closing the deal quickly.
In many cases, the entire process can be completed in a few days. This allows you to focus on what matters most—moving forward after your inheritance and ensuring the sale doesn’t become a burden.
Final Thoughts
Selling an inherited property doesn’t have to be difficult or drawn out. By working with a cash buyer and selling the home as-is, you can simplify the process and get fast results. Whether you’re dealing with probate, multiple heirs, or just want to avoid repairs and realtor fees, selling quickly and easily is within reach.
Ready to sell your inherited property and move forward? Call Rally Home Buyers today! With years of experience in the real estate market, we make selling your home fast, stress-free, and profitable. Get in touch now to see how we can assist you!