Selling a Home When a Loved One Passes Away
Updated: Feb 7
Losing a loved one is never easy, and it can be even harder when you have to deal with their things, like their home. If someone you know has passed away and they owned a home, you might be wondering what to do with it. This can be a confusing and difficult process, but we're here to help make it a little easier.
Who is in Charge of Selling the Home?
When someone dies, the person who is in charge of handling their things is called the executor. If the person who passed away had a will, the executor is usually named in the will. If they didn't have a will, the court will appoint someone to be the executor.
Get the Home Ready to Sell
The first step in selling a home is to get it ready. This might mean cleaning it out, fixing any damage, and making it look nice for potential buyers. You can hire a real estate agent to help with this process. They can also help you figure out how much the home is worth and how much you can sell it for.
Selling the Home
Once the home is ready, it's time to sell it. The executor can choose to sell the home through a real estate agent or on their own. It's important to get a fair price for the home, so it might be a good idea to have a professional help with this process. One of our articles can help you out in order for you to determine how to price your home.
Pay Any Debts
When someone dies, they might have debts, like a mortgage or bills. The money from the sale of the home can be used to pay these debts. Any money left over after paying debts can be given to the person's heirs, as long as it's written in the will or according to the laws in your state.
Get Help from a Professional
Selling a home when a loved one passes away can be a difficult and emotional process. If you're feeling overwhelmed or need help, it's always a good idea to talk to a professional. An attorney or a financial advisor can help you understand the process and make sure everything is done correctly.
If you have a home that you inherited or in probate and don't really want to keep it you can reach us at our website www.foxyhomebuyer.com, fill out the form and we'll get back to you as soon as possible or give us a call at 866-404-3699 and we'll give you an offer as little as 9 minutes. And with our Guaranteed Sold program we can give you our Foxy Guarantee that your house will be sold with the highest possible price.