Inherited and probate
An inherited property can bring repairs, maintenance, taxes and decisions involving multiple family members. Managing everything can be especially difficult when you live in another city or state.
MaliHaus can evaluate inherited properties in their current condition and work with the authorized owner or estate representative. Owners should speak with MaliHaus before paying for repairs or a major cleanout.
Most inherited homes have been standing still for a while. The air conditioning has not run properly, the roof is whatever age it is, and the last serious work happened a long time ago. That is normal and it does not stop a sale.
The harder part is usually everything around the house. Several people may have an interest in it, they may live in different states, and they are making decisions during a period when nobody particularly wants to be making decisions at all.
Not everything below will apply to you. Most owners in this situation recognise at least one of them.
We look at inherited properties as they stand, with the belongings still in them. Take what the family wants and leave the rest. Clearing the house is not a condition of us reviewing it or of us buying it.
Before anyone spends money on a roof, a cleanout or a cosmetic refresh, it is worth knowing what the property is worth in its current state. Frequently that spending does not come back, and it is a great deal easier to decide once there is a real figure on the table for the family to look at.
Important. MaliHaus is not a law firm and nothing on this page is legal or tax advice. Probate rules differ from state to state. Whether a property can be sold during probate, and who is authorised to sign, is determined by the estate's representative, the relevant court and the estate's attorney. We work with the authorised owner or estate representative only.
Every property is assessed against all three before anyone quotes a number. Which one applies depends on the property, its condition and the scope of the work.
We complete a full property inspection to evaluate its condition, repair requirements and overall project scope. If the property meets our purchasing criteria, we move forward using our own cash with no lender financing to fall through.
If the project carries more risk than we want to take on alone, we may, with your written approval, complete select repairs while the property is under contract. By investing our own money first, we make the home more attractive to our investor partners and demonstrate that we have real skin in the game. That commitment gives our partners greater confidence to join the purchase and complete the project with us.
Through our partnership with a national real estate syndicate, we can present your property to investors across the country. Qualified buyers can review the opportunity and compete to purchase it, creating exposure beyond the local market.
Share the address, condition of the property and the situation you are facing.
The MaliHaus team reviews the property, the repair requirements, the local market and the available purchase route.
MaliHaus explains which of the three selling approaches may fit the property. The owner decides whether the proposed solution works for them.
Sometimes a sale can be arranged while probate is still running, but whether it can complete depends on the court and on how the estate was left, and the rules differ by state. Your attorney decides that. What we can do is give you a figure to work with while it is being sorted out.
No. Take what matters to the family and leave everything else. Clearing it out is not something we ask you to do before we will look at the property.
No. A mortgage is paid off out of the sale at closing in the normal way. If the balance is close to the property's value, tell us early, because that changes what is realistic.
We can give you a figure, which is often the thing the disagreement is really about. We cannot make the decision for the family and we will not pressure anyone. When everyone is ready, we are ready.
We would suggest speaking to us first. Owners regularly spend money on an inherited property that does not increase what it sells for, and that is difficult to undo afterwards.
Start with the situation you are in, not a form. It takes about two minutes, you tap rather than type, and nothing here commits you to selling.
Serving homeowners across Florida and selected markets nationwide. This situation is one we look at across every market below.
Several of these often overlap. If more than one applies, mention it when we speak.
You do not need to diagnose the problem or choose the right page. Tell us about the property, your circumstances and the outcome you want. The MaliHaus team will review the information and let you know whether it may be able to help.
