Whatever decision you make, we’re here to help you understand your options.

Wondering what happens when you inherit a house?

It’s an incredible act of kindness when a relative remembers you by willing you a home. But often, what happens when you inherit a home is you inherit responsibility for any mortgage payments, insurance premiums, property taxes, and any other liens or debt on the home.

Deciding whether to sell an inherited house is a significant decision that involves several factors. Here are some considerations to help you make an informed choice:

  • Consider ongoing expenses such as property taxes, insurance, maintenance, and utilities

  • Federal Inheritance taxes are an unfortunately reality for many heirs. Do you have a plan on how to cover those?

  • Consider the property's condition. What will it take to make it enjoyable for you or another family member?

  • Is the location convenient for you? Consider proximity to your own residence, work, or family.

  • Does maintaing ownership of the home align with your long term financial goals?

A quick and easy cash sale to Ally Homes could be the solution.

You don’t need to clean the property or repair anything. We can even take care of the contents of the house! Ally Homes never charges any commissions, and we pay all normal closing costs. We can close on your home in as few as three weeks, or later, if you like.