If you are searching for the best way to sell your house fast in St. Petersburg FL then you will definitely be interested in getting in touch with our professional home buying company, who can make you a fair cash offer on your property, and close quickly in one week with no costs or fees due by you, the seller whatsoever.
Our company purchases homes in the local St. Petersburg area using our own private funds, and we are able to close quickly, as well as offer flexible terms and conditions to our clients such as special clauses to enable them to remain in the home past the closing date, leave behind certain belongings, and other useful stipulations.
Do You Have To Pay Tax When You Sell Inherited Property?
No. Florida residents do not need to worry about a state estate or inheritance tax, which is a tax that is levied on people who either own property in the state where they died (estate tax) or inherit property from a resident of a state (inheritance).
Inherited properties are one of the most common types of real estate that are regularly sold quickly for cash because of the person’s desire to liquidate the property quickly without having to put any time, money, or effort into maintaining it. If you want to get a risk free, no obligation, fair cash offer on your inherited St. Petersburg property right now then please give us a call or text right now at (786) 292-7144 and one of our home buying specialists will analyze your property and situation, and make you an all cash offer in less than 24 hours.
Benefits Of Selling Inherited Property For Cash
- Lightning fast closing times. We are professional home buyers, and we pay cash…which means that we are able to close on any given real estate transaction in as little as one week, and there are no fees to you, the seller, due up front at all. Compare that with listing your home on the open market with a licensed agent, and how you would have to wait for at least 30 – 45 days until the property sold.
- No time or money invested. When you inherit a property into your name, one of the scariest things is to think that you will be the one who is responsible for fixing the property up to it’s highest value so it will sell for a fair price. When you sell directly to an investor for fast cash, you don’t have to invest any time or money into the property at all, and best of all, you won’t even have to pay any closing costs…which brings me to my next point.
- No commissions or closing costs. Since you will be selling your house to a private company, and there are no agents involved, there will be no commissions or closing costs on the transaction whatsoever, allowing you to put more cash back in your pocket without having to pay yet another third party when the property sells.
- Sell in as-is condition without making repairs. Again, since we are the investors, cash buyers, and professional house flippers, we will be the ones who will take care of fixing up the home to it’s highest value…so all you have to do is collect your check and figure out where you would like to spend it! Investors who buy houses in St. Petersburg FL can be difficult to work with, but we enable you to sell without having to fix anything at all, so give us a call or text at the number listed below to get an instant cash offer right now!
For more information on selling houses quickly in St. Petersburg Florida please read our other blog article https://www.fastofferflorida.com/blog/sell-my-house-fast-in-st-petersburg-florida/
How Probate Works In St. Petersburg Florida
Probate is the official way that an estate gets settled under the supervision of the court. A person, usually a surviving spouse or an adult child, is appointed by the court if there is no Will, or nominated by the deceased person’s Will. Once appointed, this person, called an executor or Personal Representative, has the legal authority to gather and value the assets owned by the estate, to pay bills and taxes, and, ultimately, to distribute the assets to the heirs or beneficiaries.
The entire reason that the probate process exists in the first place is to prevent fraud after someone’s death. Imagine everyone stealing the castle after the King dies, and they divide up all of his gold and horses before anyone knows what happened. It’s a way to freeze the estate until a judge determines that the Will is valid, that all the relevant people have been notified, that all the property in the estate has been identified and appraised, that the creditors have been paid and that all the taxes have been paid.
Once that initial process has been officially completed, the court issues an order distributing the property and the estate is closed. This is the entire probate process in Florida from front to back, and if you still have questions, you can definitely get in touch with us by clicking on the live chat box in the lower right-hand corner of the screen to ask your additional probate questions to one of our live representatives.
Get A Cash Offer On Your Inherited Property Today
If you are ready to sell your St. Petersburg house fast for cash, and you want to get a fair offer on it right now then please give us a call or text immediately at (786) 292-7144 and someone from our team will be more than happy to analyze your property, and present you with an estimated cash offer right there on the spot. You can then take as much time as needed to think the offer over, discuss it with family members, or shop it around to other “we buy houses” companies in the area to see if they can beat it. That’s all perfectly okay with us, we realize that it’s your home, and we are here to serve you.