October 7, 2020

We bought this inherited house in As Is condition with the belongings in it

We bought this inherited house in Kenner. The heir lived out of state and didn’t want to clean out the house or repair it. The house itself was in bad shape and needed a pretty significant rehab. It was also full of belongings and needed to be cleaned out. The heir just wanted to sell the inherited house with the belongings in it which is OK with us. We need to rehab it anyway so just donate what we can to charity and put the rest in a dumpster. We are used to buying houses in As Is Condition so don’t mind cleaning it out and making repairs.

Since we are cash home buyers it means that we don’t need to go through all the approval processes that someone using financing needs. This means that the heir was able to get the house sold fast and not stress about whether the financing would be approved. This eliminates a lot of the hassle of selling a house and makes the sales process so much easier.

The title for the property was still in the deceased person’s name but we were able to sign a purchase agreement with the heir and get our title attorney to work with the attorney that was handling the succession (Our Title attorney can also handle succession if you need someone). Having the purchase agreement in place means the succession attorney is generally comfortable to be paid out of the proceeds of the sale which means you don’t need to come out of pocket for the succession. Most heirs really appreciate this as they don’t always have the money for the legal fees.

If you have an inherited house you are looking to sell in Louisiana then reach out to Home Buyer Louisiana. We would be happy to discuss your situation and see whether we would make a good fit as a buyer for your house. We don’t mind if the house needs repairs or has belongings in it. Just give us a call or fill in our online form and we would be happy to help.

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