Sell an inherited house in Rhode Island
An inherited house comes with a lot more than the house: belongings, decisions, siblings and bills. We buy inherited houses for cash, as they are, on a timeline that works for the family.
Get a cash offer on your house
Start with the property address. The whole thing takes about a minute.
There's no obligation, and you don't pay a commission when you sell to us.
Thanks, Maria. We've got it.
We'll call you from 401-267-1400 shortly. If you'd rather talk now, give us a call.
What to do with an inherited house you don't want to keep
When you inherit a house in Rhode Island, you can move in, rent it out or sell it. If you're reading this, you're probably leaning toward selling, and maybe toward selling without fixing it up or emptying it first.
That's the kind of sale we do. We buy inherited houses directly, pay cash and close when the estate is ready. You don't have to clean it out, make repairs or get it ready for showings. If brothers and sisters each own a share, we can work with all of you, and the proceeds get split the way your attorney sets it up.
How selling an inherited house works
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Find out whether the estate needs probate
If the house was in your parent's name alone, the estate usually has to go through probate before the house can be sold. The estate's attorney can tell you where things stand.
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Get a cash offer
We can make an offer while probate is still open, and close once the executor is authorized to sell.
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Close on the family's schedule
Take the time you need to go through belongings. Leave behind whatever nobody wants.
Taxes when you sell an inherited house
Inherited houses usually get a “stepped-up” tax basis. Capital gains are measured from what the house was worth when your parent died rather than what they paid for it, so selling soon after inheriting often means little or no capital gains tax. Every estate is different, so talk to a tax professional about yours.
Thank you for closing so quickly. In three months, that was the most fair cash offer we received on our mother's house.
Questions about selling an inherited house
Can we sell before probate is finished?
Usually, once the court has given the executor authority to sell. We can make an offer before that, so the family knows where it stands.
What if my siblings don't agree on selling?
That happens a lot. It usually helps to have a written offer everyone can look at, and we're glad to talk it through with each of you.
Do we have to clear out the house?
No. Take what you want and leave the rest.
I live out of state. Can we do this remotely?
Yes. Most of it happens by phone and email, and the closing attorney can tell you how to sign from out of state.
Related situations
Want to know what the house is worth to us?
Fill out the form at the top of the page or call 401-267-1400. We'll work around the family's timeline.
