Selling an Inherited Home in WI: A Complete Guide

Inheriting a home can be both a blessing and a challenge. While it’s a gift to receive a property, many heirs find themselves unsure about what to do next. Selling an inherited home in Wisconsin involves several legal, financial, and emotional considerations, which is why it’s important to understand the process thoroughly. This guide will walk you through everything you need to know, from navigating the legal requirements to the benefits of selling to a cash home buyer like CB Home Solutions.

What Happens When You Inherit a House in Wisconsin?

When you inherit a property, you become the legal owner. However, this doesn’t mean the process of transferring ownership is always straightforward. In Wisconsin, there are specific steps you’ll need to follow to take full control of the property and make any decisions about it.

Key Steps in the Inheritance Process:

1. Probate Process:
   • Probate is the legal process that validates the deceased person’s will (if one exists) and ensures their assets are distributed according to their wishes. In Wisconsin, the probate process can take several months, depending on the complexity of the estate. If the home is in a trust or if the estate is small, probate may not be necessary.
2. Property Ownership Transfer:
   • Once the probate process is completed, the property title will be officially transferred to you. This typically requires filing certain documents with the county clerk’s office in the county where the property is located.
3. Paying Outstanding Debts:
   • If the decedent had any debts, including mortgages or liens on the property, those need to be resolved before you can sell the house. This may involve paying off the mortgage or negotiating with creditors.

Sell Your House Fast In 3 Easy Steps!

Want to sell your Inherited house without the hassle of making repairs, cleaning, listing with a realtor, scheduling dozens of showings, and dealing with picky buyers? Get a cash offer from CB Home Solutions. We can buy your Inherited house without all the stress!

COMPLETE THE FORM

Fill out the form to give us some details about the home you’re wanting to sell.

GET A CASH OFFER

We will schedule a time to look at the home so we can calculate our cash offer.

CLOSE AND GET PAID!

If you accept our offer, pick the closing date that works best for you and get paid!

How to Sell an Inherited Home in Wisconsin

There are several options available for selling an inherited home in Wisconsin, and each comes with its own advantages and challenges. Let’s break them down:

Cash For Inherited Houses In Wisconsin
Sell Your Home To CB Home Solutions

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We want to make the process of selling your home as simple and stress free as possible. When you sell your Inherited house to CB Home Solutions, here is what you can expect from us:

Fair Cash Offer

We’ll provide you with a cash offer based on home sale of similar homes in the area.

Simple Sale Process

Our goal is to make selling your Inherited house as simple and stress-free as possible.

Close When You Want

If you need to sell fast or need extra time, we’ll work with you to make it happen.

Sell Your Home As-Is

You won’t need to make any repairs or updates! We buy Inherited houses totally “as-is.”

No Agent Fees

We will buy your Inherited house directly without realtor commissions or fees.

No Need To Clean

No cleaning necessary and leave behind anything you don’t want to take with you.

The Benefits of Selling to CB Home Solutions

At CB Home Solutions, we specialize in helping homeowners in Wisconsin who need to sell their inherited homes quickly. Here’s why selling to us is a great option:

1. We Buy Houses As-Is

You don’t need to worry about making repairs or cleaning up the property. We purchase houses in any condition, which means you can avoid the stress and cost of renovations.

2. Fast Closing

If you need to sell quickly, we offer a fast and efficient closing process. We can close on your timeline, often in as little as a week.

3. No Fees or Commissions

We don’t charge any agent commissions or hidden fees, so you get to keep more of the sale price.

4. Hassle-Free Process

From start to finish, we take care of everything. No paperwork headaches, no negotiations, and no waiting for buyers to get financing. You get a fair offer, and we handle the rest.

Cash Home Buyers Near Me In Wisconsin

“This was my first time selling a home. I wanted a quick sale, that would not require much prep work. From my first inquiry with the company, I had quick responses and very clear information. Carter was great to work with and there were no unexpected “hiccups”. There was the initial meeting – walk through of the house. I had an offer within the hour and was able to choose the closing date that would work for me. If looking to sell your home in a convenient, low-stress way I would not hesitate to reach out to CB Home Solutions.”

– Amanda C

Frequently Asked Questions (FAQs)

Do I have to pay taxes when selling an inherited home in Wisconsin?

Yes, you may be required to pay capital gains taxes on any profit made from the sale of the inherited property. However, since the property is inherited, you can take advantage of the “stepped-up basis” rule, which means the property’s value is assessed at the time of inheritance, not when the deceased person originally purchased it. This can lower your tax liability.

How long does the probate process take in Wisconsin?

The probate process in Wisconsin can take several months or even over a year, depending on the complexity of the estate. During this time, you may not be able to sell the property until the court has officially transferred ownership to you.

What if the house needs repairs before selling?

If the inherited home requires repairs, you can either fix the house yourself, sell it as-is, or consider selling to a cash buyer like CB Home Solutions, who will purchase the home in its current condition.

Your #1 Inherited House Buying Company In Wisconsin

We are Bryan & Carter, and together with our team, we will do everything possible to make you a cash offer that you are happy with! We are a father-son-owned business based out of Oshkosh, & we love helping the community. Every situation is unique, which means that every offer we provide is catered to your situation and needs. It’s easy to sell your Inherited house in WI to us. We will take care of everything and walk you through every step of the process.

A Faster And Easier Way To Sell Your Inherited House In WI

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