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  • Reasons To Sell
    • Too Many Repairs
      • High Renovation Cost
      • Rental Property Headache
    • Need to Sell Quickly
      • Inherited Property
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      • Divorce
      • Avoid Foreclosure
      • Distressed Properties
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  • Home
  • About
  • Where We Buy
    • Richmond, VA
      • Henrico County, VA
      • Chesterfield County, VA
      • Hanover County, VA
      • Glen Allen, VA
      • Short Pump, VA
      • Mechanicsville, VA
      • Colonial Heights, VA
      • Petersburg, VA
      • Hopewell, VA
      • Midlothian, VA
      • Bon Air, VA
      • Manchester, VA
      • Tuckahoe, VA
      • Lakeside, VA
      • Sandston, VA
      • Highland Springs, VA
      • Ashland, VA
      • Powhatan, VA
      • Goochland, VA
      • New Kent, VA
      • Charles City, VA
      • Chester, VA
    • Chesapeake, VA
      • Deep Creek, VA
      • Great Bridge, VA
      • Indian River, VA
      • Kempsville, VA
      • South Norfolk, VA
      • Western Branch North, VA
      • Windsor, VA
  • Reasons To Sell
    • Too Many Repairs
      • High Renovation Cost
      • Rental Property Headache
    • Need to Sell Quickly
      • Inherited Property
      • Job Relocation
    • Real Estate Troubles
      • Divorce
      • Avoid Foreclosure
      • Distressed Properties
      • Tax Liens
  • FAQ
  • Resources
  • Contact
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Sell My Inherited House

Want to sell an inherited house? AREI Properties is a premier we buy houses company with a team of dedicated professionals.

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Sell an Inherited House

We Buy Houses In Any Conditions

Sell My Inherited House: Your Guide to a Stress-Free Solution

Inheriting a house marks the start of an unexpected journey. Most people aren’t prepared for the responsibilities that come with an inherited property. AREI Properties helps you transform this challenge into a straightforward path forward.

Our team specializes in buying inherited houses directly from Richmond families like yours. No repairs, no waiting, no complex paperwork. We’ll make you a fair cash offer within 24 hours to

The Reality of Property Inheritance

Selling an inherited house comes with challenges:

  • Surprise expenses pile up fast with utilities and maintenance
  • Family emotions run high when deciding what to do
  • Legal processes feel overwhelming and confusing
  • Outstanding debts might need immediate attention
  • Empty houses attract vandalism and decay
  • Distance makes property management difficult

Our team specializes in buying inherited houses directly from families like yours. No repairs, no waiting, no complex paperwork. We’ll make you a fair cash offer within 24 hours.

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Our Latest Articles

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Alternative Options To Selling An Inherited House In Richmond VA

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Navigating The Legal And Probate Process Of Selling An Inherited House In Richmond, VA

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What Are The Financial Implications Of Selling An Inherited House In Richmond VA?

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Sell Your House Fast in Any Situation

  • Too Many Repairs Needed
  • Tax Liens or Property Tax Issues
  • Rental Property Headaches
  • High Renovation Cost
  • Avoid Foreclosure
  • Job Relocation
  • Inherited Property
  • Divorce
  • Distressed Properties
  • Real Estate Troubles
  • Need to Sell Quickly
  • Don't see the situation you're in on the list? If you need to sell your house fast, we can make a fair offer. Call or text (540) 993-3209, and we'll make a fair cash offer in 24 hours.

Common Hurdles in Property Inheritance

Many property owners face unexpected challenges after inheriting a home.

Multiple Family Members, Multiple Opinions
Family members often disagree about what to do with an inherited house. Some want to sell quickly. Others hope to keep it. AREI Properties acts as a neutral third party, helping families reach an agreement through fair offers.

Property Problems Add Up Fast
Empty houses deteriorate quickly. Leaky roofs, old wiring, and failing HVAC systems create hefty repair bills. We buy properties in any condition – no repairs needed.

Financial Burdens Stack Up
Monthly mortgage payments don’t stop after an inheritance. The same goes for:

  • Insurance premiums
  • Property taxes
  • Utility costs
  • Maintenance expenses
  • HOA fees
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The AREI Properties Promise

Local knowledge makes all the difference when selling inherited property. Our team understands your market and your challenges.

Our Commitment to You
We’ve helped hundreds of families through inheritance situations. Our process puts you first. No surprises, just straight talk and fair offers.

The Local Advantage

  • Deep knowledge of local property sales
  • Connections with local title companies
  • Familiar with area market conditions
  • Understanding of local regulations
  • Quick response times

Experience That Counts
Every inherited house comes with unique challenges. We’ve seen them all:

  • Multiple heir situations
  • Properties needing major repairs
  • Complicated title issues
  • Tax lien problems
  • Long-distance sales
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Understanding the Tax Implications

The tax situation around inheritance might surprise you. Here’s what you need to know:

Capital Gains Tax Explained

Capital Gains Tax Explained

The stepped-up basis works in your favor. Your capital gains calculation starts from the property's value at inheritance, not the original purchase price. This often means lower taxes when you sell.

Estate Tax Reality Check

Estate Tax Reality Check

Good news: Most inheritances don't trigger federal estate tax. The state has no inheritance tax (in most cases). The exemption threshold stays high. Still, consult a tax professional about your specific situation.
Property Tax Responsibilities

Property Tax Responsibilities

Local property taxes continue regardless of occupancy. Missing payments leads to liens. AREI Properties can take over these obligations quickly through our cash purchase program.

Managing the Money

Managing the Money

Outstanding debts don't disappear with inheritance. Quick action prevents small issues from growing larger.

Mortgage Matters

Mortgage Matters

The existing mortgage needs immediate attention. You have options:

  • Keep making payments
  • Refinance the loan
  • Sell the property
Insurance and Utilities

Insurance and Utilities

Empty houses need special insurance coverage. Basic utilities must stay on to prevent damage. We handle all these details after purchase.

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The AREI Properties Advantage

Looking for the fastest path to cash? Our team buys houses directly. No middleman needed.

Speed Meets Simplicity. We close deals in as little as 7 days. Your timeline, your choice. Most sellers pick their closing date within 30 days.

AREI Properties understands these requirements inside and out. We help you navigate each step with confidence.
Ready to learn more? Let’s talk about your situation. Call us at (540) 993-3209 for a free consultation.

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The Traditional Market Route

Working with a local real estate agent means listing your house on the open market. A real estate agent handles showings and negotiations. They’ll recommend repairs and improvements first.

What to Expect with Traditional Sales

  • 6+ months average sale process
  • 6% commission fees
  • Repair costs before listing
  • Multiple showings required
  • Uncertain closing dates
  • Buyer financing delays

A comparative market analysis helps set your price. Market conditions affect how long the house sits empty. The final sale price might change after inspections reveal problems.

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inheritance journey

Understanding Your Inheritance Journey

The moment someone passes away, their estate passes through a specific legal channel. This process, called probate, protects everyone’s rights but takes time. Here’s what you need to know:

The Probate Process Timeline
Most estates complete probate court proceedings within 6-12 months. The court appoints a personal representative to handle the deceased person’s affairs. This representative manages everything from property taxes to final distributions.

Required Steps After Inheritance
Your first moves matter when you inherit a property:

  1. File the will with the local court
  2. Get appointed as the personal representative
  3. Notify creditors and beneficiaries
  4. Deal with any existing mortgage
  5. Start maintaining the property

Legal Requirements Made Simple

The courts need specific legal documents to move forward:

  1. Death certificate
  2. Original will
  3. Property deed
  4. List of assets and debts
  5. Beneficiary information
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The AREI Difference

Skip the stress of traditional sales. Our process turns inherited headaches into quick solutions. 

  • Cash offers within 24 hours
  • We handle all paperwork
  • No showings needed
  • No repairs required
  • Professional closing team
  • Local experts

Ready to learn more? Let’s talk about your situation. Call us at (540) 993-3209 for a free consultation.

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FAQ'S

Frequently Asked Questions About Selling Inherited Property

How long does the probate process take?

The typical timeline of a probate is about 6-12 months long. Complex estates might take longer. We can start the purchase process while probate continues.

Do I need to pay capital gains tax?

Capital gains on inherited homes get special treatment. The stepped-up basis means you only pay tax on gains above the value at inheritance date. Most sellers owe less than expected.

What happens with multiple heirs?

All heirs must agree to the sale. AREI Properties works with multiple family members daily. We help coordinate paperwork and ensure everyone gets paid their share.

Can I sell before the probate ends?

Yes, in many cases. The personal representative can often sell with court approval. Our team knows the right steps to make this work.

What about an existing mortgage?

The mortgage payments must continue during probate. When we buy your house, the mortgage gets paid off at closing from the sale proceeds.

How do you determine fair market value?

We analyze recent sales, current market conditions, and property condition. Our offers reflect true fair market value minus repair costs. You’ll know exactly how we reach our number.

Ready to Sell Your Inherited House?

Turn your inheritance into cash – hassle-free. AREI Properties makes fair offers on houses every day.

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Call or text: (540) 993-3209

What Happens Next?

  1. We’ll call you within 1 hour
  2. Get your fair offer tomorrow
  3. Close as fast as next week

Our Guarantee

  • No obligation to accept
  • No pressure tactics
  • No hidden fees
  • No commission costs
  • No repair requirements

Don’t let property ownership stress you out. One call solves it all. Contact AREI Properties Today. We’ll make you a fair cash offer within 24 hours. Your inherited house problems end here.

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Convenient Next-Day Cash Offer

Skip time-consuming phone calls or long list of preparations. Instead request a free cash offer for a quick, seamless and fair selling process.

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Next Steps

Our Simple 5-Step Process

We study the local market carefully, so we can give numbers that make sense. Our cash buying service takes just three easy steps:

Reach Out

Text or call us today at (540) 993-3209 or fill out our form. Tell us about your inherited property. Quick chat, no pressure.

Property Review

We’ll look at public records and might schedule a brief visit. You pick the time.

Get Your Offer

Receive a fair cash offer within 24 hours. No endless negotiations. No hidden fees. Just a clear, honest number.

Pick Your Date

Choose when you want to close. You decide whether you need it done next week or next month.

Close and Cash Out

Meet at a local title company. Sign the papers. Get your money. Done.

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Sell Your House Fast & Get Your All-Cash Offer Today

Our cash home buyers in Richmond Virginia are ready to make you a fair cash offer today. 

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Get Your Fair & Honest All-Cash Offer Today! No Obligations!

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AREI Properties

  • (540) 993-3209
  • cash4homes@areiproperties.com
  • Richmond, VA
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