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.
Some people pause before selling. They wonder what happens after the sale. It is a fair question. So here is exactly what changes, and what does not.
First, after the sale, the buyer owns your former share. We step into your spot as a co-owner. So the property becomes our responsibility, not yours.
What happens after the sale
Your name comes off the lawsuit after the sale. So the case is no longer your concern. Also, the back taxes move to us. Therefore, that bill stops following you.
Meanwhile, the other heirs keep their own shares. After the sale, they still own exactly what they owned before. So you do not take anything from them. If a relative wants to keep the property, they still can.
Then we handle whatever the property needs. We deal with the taxes, the title, and any upkeep. Because we own the share now, those tasks belong to us. You walk away free of all of it.
In short, after the sale you are simply done. The property, the taxes, and the lawsuit are behind you. You keep your payment and your peace of mind.
What this means for you:
After the sale, the buyer owns your former share and takes on the property and taxes.
The other heirs keep their shares, and your name and obligations are gone.
If you want to be bought out of the lawsuit and have your name removed, no cost to you, call or text us at (469) 708-8003 today.
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