Inheriting a property can be both a blessing and a burden. While it may represent a valuable asset, it often comes during an emotionally difficult time and brings with it legal, financial, and logistical challenges—especially if the property must go through probate. Understanding how probate works and your options for selling an inherited property can help you make confident, informed decisions.
What Is Probate?
Probate is the legal process used to settle a deceased person’s estate. During probate, the court:
If the property was solely in the deceased person’s name and not held in a trust or transferred by beneficiary deed, probate is usually required before it can be sold.
Can You Sell a Property During Probate?
In many cases, yes, an inherited property can be sold during probate—but the rules depend on state law and the specific circumstances of the estate. In Ohio, the executor or administrator generally has the authority to sell real estate, though probate court approval is often required unless the will grants independent sale authority.
Typically:
Because Ohio probate timelines and requirements can vary by county, working with professionals who understand the local process is essential.
Common Challenges with Inherited Properties
Selling an inherited home isn’t always straightforward. Some common issues include:
These challenges can make a traditional retail sale feel overwhelming.
Your Options for Selling an Inherited Property
Heirs generally have a few paths forward:
1. Traditional Listing
This involves preparing the home, making repairs, staging, and listing with a real estate agent. While it may yield top dollar, it can take time and require upfront costs.
2. Sell As-Is
Selling the property in its current condition can save time and money, especially if repairs are extensive. This option is often appealing for probate sales.
3. Sell to a Professional Buyer
Working with a professional real estate buyer can simplify the process. These buyers often:
How GUIDINGSTONE PROPERTIES, LLC Can Help
At GUIDINGSTONE PROPERTIES, LLC, we specialize in helping heirs and families navigate probate and inherited property sales with clarity and compassion. We understand that every situation is unique, and our goal is to provide solutions—not pressure.
We can help you:
Take the Next Step
If you’ve inherited a property and are unsure what to do next, you don’t have to figure it out alone. Contact GUIDINGSTONE PROPERTIES, LLC to discuss your situation, explore your options, and get guidance on selling your inherited or probate property. We’re here to help when you’re ready.