When selling inherited houses, emotions may run high, and the stress and hassle can be overwhelming. Thankfully, at My Tennessee Home Solution, we buy houses in Clarksville, TN, for cash. Below, we explain how we helped the grieving Morgan family sell their late uncle’s home quickly under tense circumstances.
An Overwhelmed Homeowner in Need
After Amy Morgan and her brother experienced the loss of their uncle, they took ownership of his Clarksville home. Because they’ve spent many days at their uncle’s house throughout the years, they had many fond memories of that house. As such, they were unsure if selling it was the right step.
Unfortunately, Amy became overwhelmed with caring for the house and its financial needs after a couple of years. Because she wasn’t ready emotionally or financially to get the house market-ready, she turned to My Tennessee Home Solution for help.
Property Overview
- Address. 911 Cumberland Dr. Clarksville, TN 37040
- Owner. The Morgan Family
- Reason for Selling. Inherited property
The Difficulty of Selling an Inherited House
When houses are part of an inheritance, you must consider factors you wouldn’t have to worry about like the probate process, title transfers, and clearing out the residence. You must also consider the tax implications of selling inherited houses, which may include an estate tax, capital gains taxes, and inheritance taxes.
The financial aspect of selling their uncle’s home is one of the reasons Amy and her brother turned to My Tennessee Home Solution for guidance. On top of the property’s everyday upkeep, Amy had too many taxes and bills. When the financial responsibilities became too much for her and her family, they decided to sell the inherited house.
My Tennessee Home Solution To the Rescue
After consulting with the Morgan family, we made them a fair offer they couldn’t refuse. Because this home sale involved a will, our knowledgeable team helped Amy navigate the probate process by giving them expert advice and timely responses to all questions.
During the process, we discovered the property had a lien. Yet we quickly resolved this issue with the city and closed on the home within 30 days, alleviating additional financial responsibilities for the Morgan family.
Benefits of Working With Cash Buyers
Working with cash buyers offers several benefits like:
- Fast home sales
- Ability to sell the property as-is
- Cash sales
Our team helped Amy and her family let go of their cherished uncle by leaving behind unwanted belongings. We took care of all the cleaning and packing, giving the Morgan family peace of mind.
Another Successful Home Selling Story
Selling inherited houses in Clarksville, TN, doesn’t have to come with excessive financial burdens and the stress of conducting an estate sale to prepare the property for sale. My Tennessee Home Solution can make selling an inherited home a breeze, as we did for the Morgan family.
Our home-selling expertise, fair cash offers, and straightforward processes brought quick relief to this family in need. If you’re experiencing a similar situation or another unfortunate problem with your home, we can help — contact us today to explore your options.
