Inherited Land

How to Sell Inherited Land

By Noah Swope, 77 Land Group · 7 min read

Inheriting land can be a blessing and a headache at the same time. Maybe it's the family place you grew up visiting, or maybe it's acreage you've never seen. Either way, you're now paying the taxes, and you may be splitting it with brothers, sisters or cousins who all have different ideas about what to do with it.

Here's how selling inherited land usually works.

Step 1: Figure out who actually owns it

Before anyone can sell, you need to know who holds title. That depends on how the land was passed down:

Every situation is different, so it's worth talking to a probate or real estate attorney if you aren't sure. A title company can also tell you what they'll need to insure the sale.

Step 2: Get everyone on the same page

When several family members inherit land together, all of them typically need to agree and sign to sell the whole property. This is often the hardest part. A few things that help:

As a buyer, I'm happy to get on a call with the whole family to answer questions directly.

Step 3: Deal with taxes and upkeep

Inherited land still has property taxes due every year. If they've fallen behind, they'll need to be paid at or before closing, usually out of the sale proceeds. Talk with a CPA about any income tax questions that come with selling inherited property, since the rules depend on your situation.

Step 4: Decide how to sell

List it if the family has time and wants to get the widest exposure.

Sell it direct if you want a simple, certain sale with one buyer, no showings and no commissions. This is often a good fit for families who live far away, don't agree on much, or just want it handled.

How I help families selling inherited land

I work with every heir so the process stays simple. I close through a licensed title company that handles the paperwork and makes sure everyone is paid correctly at closing. Owners can often sign by mail or with a mobile notary, so nobody has to travel.

If you've inherited land in Texas, Arkansas or anywhere else, request a free cash offer or call or text Noah at 530-829-8258.

Thinking about selling?

Get a straight cash offer on your land, ranch or rural home. No commissions and no obligation.

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