Selling an inherited home in Pennsylvania is not as easy as people think! Read more to learn how to sell a house you inherited in Central PA …
There is always an emotional bit of preparing a loved one’s house ready for sale – which most likely includes depersonalizing rooms and clearing out all the belongings. Also, there is the cost of marketing the house in order to attract potential buyers.
Usually heirs get to deal with the high costs of liens and other issues. Consequently, disagreements may arise.
At Sarah Buys Homes probate department, we compiled a few points that should help you go in the right direction, if you find yourself in such a dilemma, here are a few tips to sell a house you inherited in Harrisburg and Central PA.
Making the probate process go smoothly
Get some advice
The first step you should take is to get professional advice. Make sure that you verify your ownership. Seek advice from a real estate attorney. Get info from other experts. Of course, utilize this posting.
We can give you a fair deal for your inherited Harrisburg area house if it qualifies.
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Next Step: Begin the probate process in Harrisburg and Central PA
Before you sell your house, it must go through a probate. Most PA counties allow for a summary probate – which is just a simple process which is short and involves less legal processes. Once your house passes the probate process, you can then put it on the market.
The tax basis of your property is the house value on the date that the person passed. The difference between the amount you realize from the sale and the value is basically the gain on which you owe the taxes.
How to sell a house you inherited in Harrisburg and Central PA
Agreeing to sell
If you are ready to sell your house, you can inform the executor to petition the court in order to proceed with the sale. Problems may arise when siblings who share the inheritance have different views – for instance others may want to sell the house while others may not be open to the idea. If this happens to be the case, it is important to “disagree to agree”. It is also important to involve your estate lawyer in this stage.
Preparing to sell
A house that belonged to an elderly person may require repairs and updating before you can put it up for sale.
You will need to clear out the house! You can also hire an inspector to note down potential issues and recommend possible repairs. Although you can sell a home “as is” you may be need to accept a lower price, if the house requires extensive repairs or cleaning.
At Sarah Buys Homes, we will give you a fair deal and help you get as much value from your inherited house as possible. We often buy local houses in Central PA, fix them up and either rent them out or sell them to someone who needs a home to love.
If your Harrisburg area house meets a few simple qualifications, we can buy your house fast AS-IS with cash.