Inherited Property Blog

Selling Inherited Property Blog
Tree-lined residential street at sunset under the heading “Best Way to Sell Inherited Property.”

Best Way to Sell Inherited Property: Comparing Your Options

You’ve already decided to sell the inherited property. Now comes the harder question: how?

Front door of a house under the heading “Inherited House With a Mortgage.”

Inheriting a House With a Mortgage: What Heirs Need to Know

If you have an inherited house with a mortgage, the loan does not disappear when the borrower dies. The balance is still owed, monthly payments are still due, and the servicer will expect someone to take responsibility for the account.

Legal documents on a desk under the heading “Probate Sale vs. Trust Sale.”

Probate Sale vs. Trust Sale: What’s the Difference for Heirs?

How an inherited property sells depends almost entirely on how the deceased owned it. If the property was in a revocable living trust, the successor trustee can typically sell without court involvement.

Covered patio of a large inherited house at sunset under the heading “One Sibling Living in Inherited House.”

One Sibling Living in Inherited House: What to Do When They Won’t Leave or Sell

When one sibling is living in an inherited house and won’t sell, the other heirs can negotiate a voluntary agreement, pursue a sibling buyout at appraised value, use mediation, or file a partition action to force a court-ordered sale.

House keys hanging in an entryway under the heading “First 30 Days After Inheriting a House.”

First 30 Days After Inheriting a House

The first 30 days after inheriting a house are not about selling. They are about securing the property, confirming your legal position, and understanding the costs that are now running whether you are ready or not.

Aerial view of a house and surrounding land under the heading “How to Get an Inherited Property Appraised.”

How to Get an Inherited Property Appraised

An inherited property appraisal is one of the most important financial documents in the estate process. It establishes the fair market value of the property at the date of death, which becomes the stepped-up basis for calculating capital gains tax when the property is eventually sold.