Selling inherited Property in South Carolina

Introduction

Once you actually inherit a property, then you realize how much baggage can come with it—and how often it can feel like an uphill battle. 

But aside from its legal stresses, financial burdens, and potential family problems: inheriting a house can be a rare opportunity to quickly put money in your bank—if approached the right way.

In this article, we’ll share the main things to consider if you have an inherited property in South Carolina that you’re looking to sell—before sharing your selling options. 

As a home-buying company based in South Carolina, we’ve been buying inherited properties from locals in a way that entirely removes all the hassle.

Selling with us:

You don’t have to pay a cent out of pocket.

You don’t need to hunt down signatures.

You don’t have to cross your fingers with attorneys. 

You don’t need to do any renovations. 

Sorting out the legal stuff

For most people who inherit a property in South Carolina, you’ll have to go through “probate” before you can sell (in simple words: a process where the ownership of property is legally transferred from the deceased to the beneficiaries).

In some exceptions: you’ll be able to avoid probate entirely.

But for the majority of cases: probate is a complicated, time-consuming process that keeps inherited real estate in limbo. 

And while ballpark ranges for completing it is around 8 to 12 months—the whole thing can easily drag out for years (e.g. with a slow probate attorney or pending paperwork). 

But let’s say you’ve gotten past probate.
Another legal hoop you might have to get through before you can sell is that you’ll need signatures from all other beneficiaries.

And this can be a big hassle for several reasons:

• You might have personal problems with them
• They might be deceased
• They might be incarcerated (e.g. are in hospital or prison).

In sum: the legal barriers in the way can make it feel impossible to sell an inherited property—but the great news is, you don’t have to take them on yourself…

If our company is buying your inherited property, 

we handle every single legal step and pay for all attorney fees—

so you simply get money from the sale in your pocket. 

Settling debts and taxes

Alongside the legal considerations, another big thing to consider before selling an inherited property in South Carolina is its financial obligations.

Does it have unpaid property tax? 

Does it have outstanding mortgage debt?

Depending on the situation of the property you inherit, these financial responsibilities can be a real obstacle in the way of their sale—because they would mean you have to pay out-of-pocket just to clear up an inherited property.

And the reality is:

• Many people won’t have these funds readily available
• There’s always an uncertainty of the property’s sale (to make up for what you pay)
• The whole process can be an unwanted, big headache

But before losing hope on cashing in on your inherited property, 

it’s always best to be aware of what real options you have for selling. 

Because if you can guarantee a quick sale, you’d still have a great opportunity in hand—and below, we’ll share how exactly you can do that.
 

Your options for selling 

Now, to get to the heart of the matter. If you’ve inherited property in South Carolina, you’ll have two main options for its sale:

1) Listing your property on the real estate market
2) Selling your property to a home-buying company

There are certainly pros and cons to each, and to help you make the best decision for your goals and situation, here’s a quick overview of both options.

Selling your inherited property the traditional way will be ideal if you’re looking to get top dollar for the asset—and you don’t mind paying for renovations and realtor fees.

There’s always a level of uncertainty with it,
but if you don’t mind waiting it out, it might be the right option for you.

If you’re looking for a guaranteed sale quickly, in ‘as is’ condition, 

then the better option will be to sell through a home-buying company. 

But a few things to watch out for though:

• Make sure they operate and use local attorneys in South Carolina 
• If they make you an offer, make sure they can show proof of their funds
• Find out if they’ll actually take care of any legal/financial red tape for the property

How we can help you

Whether you’ve inherited your property from a parent or from a distant relative, it can be a blessing or burden depending on how you approach it.

Naturally, every situation is different.

With its own processes. 

And with your own capacity for how much you want to take on.

But if you’re looking to sell an inherited home ‘as is’—quickly and hassle-free—we’re here to help you like we’ve helped hundreds of people across South Carolina. 

For any inherited home we buy:

• We sort out the legal stuff for you (and pay for it)
• Settle any outstanding taxes and debts.
• Offer a guaranteed cash sale in as little as 5 days
• Share proof of funds and give you a large, non-refundable deposit 

Curious to find out more or get a custom quote?

Tell us a little bit about your property here and we’ll get in touch.