Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. The information contained on this website is provided for educational and informational purposes only and should not be construed as legal advice on any subject matter.
If you’re picturing the work of cleaning out an old house, hauling off junk, mowing an overgrown lot, or making repairs before anyone would touch the property, you can set that worry down. No, you don’t have to fix up or clean out the property to sell your inherited share. It can be sold as-is.
The idea that a property must be presentable before it can sell applies to listing a home on the open market for a retail buyer. That’s not what this is. A buyer who works with inherited and distressed property takes it in whatever condition it’s in, peeling paint, a full house, a neglected lot, code issues, none of which becomes your problem to solve. The condition and any contents become the buyer’s responsibility once you sell.
That means you don’t spend money or weekends getting anything ready, and you don’t even need to visit the property. You sell the share that passed to you exactly as things are, your name comes off the lawsuit, and the cleanup, repairs, and upkeep all transfer to the buyer. For an heir who never wanted the property and certainly doesn’t want to renovate it, this is one less burden to carry.
A couple of quick questions:
Does the property need to be cleaned out or repaired first? No. It’s sold as-is. The condition and any belongings inside become the buyer’s responsibility, so you don’t fix, clean, or haul anything.
What if it’s in really rough shape? That’s common and not a problem. A buyer who handles distressed and inherited property takes it in any condition, so you don’t spend anything getting it ready.
If you’re looking to remove yourself from a lawsuit and get paid for your interest, no cost to you, call or text us at (469) 708-8003 for an offer today.
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