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Selling inherited land

Inherited land often comes with paperwork questions before it can be sold. These are the usual ones.

First: whose name is on the title?

If the deed is still in the name of the person who died, the estate usually has to be settled before a sale can close. How that works depends on the state: probate, an affidavit of heirship, or a transfer-on-death deed already in place.

Several heirs

Every owner has to sign. If heirs disagree, a sale can stall. A direct sale with one price split by ownership share is often the simplest route to agreement.

Taxes to ask about

Inherited property usually receives a new tax basis at the date of death, which can reduce tax on a sale. Ask a tax professional about your case; rules differ and we do not give tax advice.

How we help

We can buy while the paperwork is completed, with closing set for when the title is clear. The closing office tells you exactly what documents are needed.

Common questions

Do I need probate to sell?

Often, but not always. It depends on the state and how the land was held. A title company or probate attorney can tell you from the deed.

Plainly stated. Our offer is a cash offer. It will be lower than what the land might bring if you listed it with an agent and waited for a buyer. In exchange you avoid commissions, listing time and the uncertainty of a sale falling through. We may buy the property ourselves or assign our purchase agreement to another buyer; either way the price you agreed is the price you are paid at closing.

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