1 00:00:00,099 --> 00:00:07,159 (instrumental music plays) 2 00:00:07,159 --> 00:00:10,840 Hello, everyone. Welcome to the Danny Buys Houses podcast. 3 00:00:10,840 --> 00:00:15,699 I'm your host, Danny Johnson, coming to you from San Antonio, Texas. Welcome to the show. 4 00:00:16,420 --> 00:00:20,920 All right, if you've inherited a house and you feel stuck, maybe it's a mess or probate's got you 5 00:00:20,920 --> 00:00:23,619 spinning, this episode is for you. 6 00:00:24,379 --> 00:00:29,079 Today we're talking about selling an inherited house to a cash home- home buyer like Danny Buys Houses. 7 00:00:29,659 --> 00:00:33,480 I've walked you through the situations heirs face. I will (laughs) ... 8 00:00:33,559 --> 00:00:38,200 I haven't yet, but I will. I'll walk you through the situations heirs face, how 9 00:00:38,239 --> 00:00:42,239 probate fits in, and how to sell a house fast and stress, uh, stress-free. 10 00:00:42,979 --> 00:00:46,380 We'll hit some listener questions as well, so let's just dive right in. 11 00:00:46,599 --> 00:00:48,639 (bell chimes) So you've inherited a house. 12 00:00:48,680 --> 00:00:52,219 Maybe it's from a parent or a grandparent or an aunt you barely knew. 13 00:00:52,879 --> 00:00:55,780 Uh, first off, you're probably working with a lot of emotions right now. 14 00:00:56,680 --> 00:01:01,599 That's understandable. Second, I get it, this can be overwhelming, especially, you know, dealing 15 00:01:01,619 --> 00:01:04,179 with the house and dealing with, you know, the whole situation. 16 00:01:04,519 --> 00:01:09,379 I've been buying houses in San Antonio for over 20 years, and inherited properties are some of the toughest 17 00:01:09,379 --> 00:01:13,219 situations that I see. But let's break down what, uh, 18 00:01:13,839 --> 00:01:16,899 you might be facing and, and how it's possible to deal with this. 19 00:01:17,619 --> 00:01:19,539 Uh, you could be the estate executor 20 00:01:20,639 --> 00:01:25,199 or executrix, uh, stuck with a house full of stuff, old furniture, broken 21 00:01:25,239 --> 00:01:26,139 appliances, 22 00:01:26,779 --> 00:01:27,159 um, 23 00:01:27,959 --> 00:01:31,799 decades of accumulating stuff, you know. Or maybe it's in bad shape. 24 00:01:31,799 --> 00:01:36,379 You got a leaky roof, cracks in the walls, outdated appliances and fixtures, you name it. 25 00:01:36,919 --> 00:01:39,659 Sometimes there's multiple heirs arguing over what to do. 26 00:01:39,659 --> 00:01:44,519 And I've seen houses sit empty while families figure it all out, racking up bills 27 00:01:44,619 --> 00:01:49,239 and stress along the way. It's always, it, it's almost always the case that 28 00:01:49,639 --> 00:01:54,199 the, the holdouts in the situations with, uh, several heirs, uh, to 29 00:01:54,299 --> 00:01:59,259 property is, you know, that... And it's a shame, but, uh, the ones that never lifted a finger to 30 00:01:59,319 --> 00:02:04,079 help the deceased or you dealing with the estate are usually the ones that end up being the 31 00:02:04,119 --> 00:02:04,819 holdouts. 32 00:02:05,459 --> 00:02:09,199 Uh, and go figure, you know. I know it stinks. It happens all the time. 33 00:02:09,199 --> 00:02:12,059 We see it all the time where, you know, the ones 34 00:02:12,679 --> 00:02:17,159 that know nothing about the property, all the situation, all the things, you know, are the ones that are 35 00:02:17,179 --> 00:02:21,379 holding out for the most amount of money and don't allow you to sell it because they just want to make a 36 00:02:21,399 --> 00:02:25,999 killing. And, uh, you know, it's really a shame. But, um, we're gonna walk some of... 37 00:02:25,999 --> 00:02:30,399 through some of this and, and how that might be approached so that you can help get everybody kind of what 38 00:02:30,419 --> 00:02:32,819 they want and, uh, you guys can get everything done. 39 00:02:33,719 --> 00:02:34,039 So 40 00:02:34,919 --> 00:02:37,659 here's the good news. You don't have to fix the house. You don't have to clean it. 41 00:02:37,819 --> 00:02:42,719 You don't have to fight over it. Selling as is to a cash home buyer like Danny Buys Houses can cut through 42 00:02:42,719 --> 00:02:43,819 all of that mess, 43 00:02:44,759 --> 00:02:49,519 you know. But what about probate? Can you sell before, during, or after? 44 00:02:50,599 --> 00:02:52,659 Let's unpack that, all right? Let's go through it. 45 00:02:52,659 --> 00:02:53,099 First, 46 00:02:53,779 --> 00:02:57,539 probate is the legal process that settles an estate after someone passes. 47 00:02:58,019 --> 00:03:02,219 If there's a will, it names an ex- executor or an executrix, right? 48 00:03:02,259 --> 00:03:03,559 If not, the court picks one. 49 00:03:04,199 --> 00:03:06,999 And probate can take months or longer if it's messy. 50 00:03:07,679 --> 00:03:09,979 Good news, you might not have to wait. 51 00:03:09,979 --> 00:03:13,299 If the house is still in probate, you can often sell it with court approval. 52 00:03:13,939 --> 00:03:18,919 As the executor, you'd file a request and, uh, and then the, the court can approve that 53 00:03:18,939 --> 00:03:21,979 or deny it. So we bought houses mid-probate plenty of times. 54 00:03:21,979 --> 00:03:24,079 It takes a little extra paperwork, but it's doable. 55 00:03:25,039 --> 00:03:28,359 What if probate's done and the title's transferred to you? That's even easier. 56 00:03:28,379 --> 00:03:29,419 Once it's in your name 57 00:03:30,079 --> 00:03:34,899 or you and other heirs agree, you can sell anytime. No probate holdup there, all right? 58 00:03:35,199 --> 00:03:40,179 And if the house hasn't gone through probate ve- uh, probate yet, like the owner just passed away, we can 59 00:03:40,199 --> 00:03:44,279 still help. We'll wait until you've got the green light or buy it from the estate directly if the court 60 00:03:44,279 --> 00:03:49,219 allows. Now sometimes, uh, and, and many times, this is actually the case, uh, a lot 61 00:03:49,219 --> 00:03:53,699 of times, which is really nice, uh, sometimes the estate doesn't have to even go through probate. 62 00:03:53,699 --> 00:03:58,419 So there are cases where an affidavit of heirship will survi- uh, suffice. 63 00:03:59,039 --> 00:04:03,519 Now you should talk to a title company and an attorney to see if this is a case for your situation, because, 64 00:04:03,939 --> 00:04:06,399 uh, there's, there's some rules that had to be met for that to happen. 65 00:04:07,359 --> 00:04:07,619 So 66 00:04:08,599 --> 00:04:13,219 here's how it all works with us. You call us or you visit dannybuyshouses.com and tell us about the 67 00:04:13,259 --> 00:04:13,719 house. 68 00:04:14,359 --> 00:04:17,699 You know, we then schedule to visit and see the house, see what it's worth as is, 69 00:04:18,499 --> 00:04:22,079 and make you that cash offer. Probate or not, we move fast. 70 00:04:22,699 --> 00:04:26,659 Now after you say yes, we handle the title transfer through a local San Antonio title company. 71 00:04:26,679 --> 00:04:30,919 We use Old Republic Title. Uh, you sign, you get cash, you walk away. 72 00:04:30,979 --> 00:04:32,839 No repairs and no hassle. 73 00:04:34,079 --> 00:04:38,559 Sound good? Cool. So here's an example. I wanna walk you through this with an example. 74 00:04:38,559 --> 00:04:43,319 So let me tell you about Lisa. She inherited her dad's house last year, old place in Salud 410. 75 00:04:43,719 --> 00:04:47,819 Roof was shot, yard was a complete jungle, and probate was just dragging on. 76 00:04:48,019 --> 00:04:52,739 She didn't live there, didn't want to deal with it, and, uh, we helped her out by submitting a cash offer, 77 00:04:53,019 --> 00:04:55,819 got court approval during probate, and closed in two weeks. 78 00:04:55,999 --> 00:05:00,619 She said, "Danny, you made this bearable." Uh, that's what we're here for, to lighten that load. 79 00:05:01,539 --> 00:05:06,419 Selling to us skips the estate sale chaos, no listing it, no strangers tromping through, 80 00:05:06,779 --> 00:05:11,539 no clean out, no waiting for a buyer. Whether it's in probate or it's yours free and clear, 81 00:05:11,919 --> 00:05:14,939 we buy it as is, cash in hand, stress gone. 82 00:05:15,879 --> 00:05:20,699 All right. So let's jump into the part of the episode where we ha- answer 83 00:05:20,819 --> 00:05:23,579 listener questions. First one we've got here 84 00:05:24,859 --> 00:05:28,799 is, "My mom's house is in probate. Can I sell it now?" This is from Karen in San Antonio. 85 00:05:28,819 --> 00:05:33,499 Karen, absolutely. If you're the executrix, talk to your attorney about court approval. 86 00:05:33,499 --> 00:05:38,139 We've done it before. It takes a few extra steps, but we'll help you and, uh, you don't have to wait months 87 00:05:38,199 --> 00:05:43,119 most times. All right, next letter. "I inherited a house with 88 00:05:43,179 --> 00:05:46,599 my siblings. They won't agree. What now?" That's Tom in Seguin. 89 00:05:47,159 --> 00:05:51,779 Tom, ooh, tough spot, right? Like y- i- if, if all your heirs are on 90 00:05:51,839 --> 00:05:56,199 title, uh, you know, if you're all heirs or on title, 91 00:05:56,779 --> 00:06:00,259 uh, everything, everyone's gotta sign off. The, there's no other way around it. 92 00:06:00,819 --> 00:06:03,279 Um, selling a share typically doesn't work. 93 00:06:03,339 --> 00:06:07,959 You know, sometimes having a cash offer in, in hand with a quick closing gets everyone on board 94 00:06:08,019 --> 00:06:08,519 quickly. 95 00:06:09,199 --> 00:06:09,459 Uh, 96 00:06:10,139 --> 00:06:14,939 we'd be happy to help. Like I said many times before, uh, there's no obligation for cash 97 00:06:14,979 --> 00:06:16,519 offers. There's no cost to get one. 98 00:06:17,179 --> 00:06:21,699 Uh, so even if you guys are arguing about what to do, it doesn't hurt to get that cash offer. 99 00:06:21,739 --> 00:06:23,279 We could get you a cash offer, 100 00:06:23,979 --> 00:06:28,819 um, quickly, and then you'd have something in writing that you could show them and say, "Hey, look, we can 101 00:06:28,839 --> 00:06:29,599 have this thing done 102 00:06:30,219 --> 00:06:35,179 in two weeks, uh, cash in hand, split this money up, and be done with all of this." 103 00:06:35,619 --> 00:06:40,259 And sometimes that's all it takes. So you can give it a shot. Just give us a call or visit the website. 104 00:06:41,719 --> 00:06:44,899 All right, if anybody else... That's all the questions we got this week, just two. 105 00:06:44,979 --> 00:06:47,719 So anybody has another question, just send it to me. 106 00:06:48,059 --> 00:06:52,959 Be happy to, uh, to read it and answer it on air here. All right. 107 00:06:53,699 --> 00:06:57,299 So do you have, uh, an inherited house that you'd like to sell? Here's how to get started. 108 00:06:57,679 --> 00:07:02,459 Go to dannybuyshouses.com. There's a fast cash offer form right there on the homepage 109 00:07:02,559 --> 00:07:07,299 and on every single other page (laughs) . You can't miss it. Fill it out. Takes like two minutes. 110 00:07:07,659 --> 00:07:09,399 Tell us about the house, probate or not. 111 00:07:10,479 --> 00:07:12,439 Submit that information. We're gonna give you a call. 112 00:07:12,939 --> 00:07:15,679 We're gonna set up an appointment to go see it, and we'll make you that cash offer. 113 00:07:15,699 --> 00:07:19,979 There's no obligation, no fee, no pressure. It's not for you, no sweat, no problem. 114 00:07:20,419 --> 00:07:22,359 Um, it's, it's really not an issue, 115 00:07:23,119 --> 00:07:27,059 all right? We don't make... We don't buy every single house we make a offer on. We don't expect that. 116 00:07:27,199 --> 00:07:32,179 But, um, we do buy quite a few of them. People really like the speed and ease with which, 117 00:07:32,519 --> 00:07:35,219 uh, they can sell their house. So what happens next? 118 00:07:35,859 --> 00:07:36,279 Um, 119 00:07:37,599 --> 00:07:42,539 you know, once, once we get that... Like, it was the last episode we did actually, Episode, uh, 4 120 00:07:42,619 --> 00:07:46,019 of the Danny Buys Houses podcast, we talk, walk you through the exact... 121 00:07:46,159 --> 00:07:49,819 You know, what happens at those appointments, how do we make our offer, all that kind of stuff. 122 00:07:50,079 --> 00:07:54,799 So check out that episode if you are interested in that. Closing is, is usually pretty quick. 123 00:07:54,799 --> 00:07:55,199 We do 124 00:07:55,959 --> 00:07:59,799 it on your timeline, what, what suits you. If you need a fast closing, we can do that. 125 00:07:59,799 --> 00:08:01,199 If you need more time, we can do that. 126 00:08:02,119 --> 00:08:03,019 All right. Look, 127 00:08:03,739 --> 00:08:07,059 inheriting a house can feel like a blessing and a curse. 128 00:08:07,519 --> 00:08:12,379 You know, I've seen it weigh on folks and, uh, you know, empty properties, family fights, repair 129 00:08:12,459 --> 00:08:17,019 bills, taxes, all that kind of stuff. I started Danny Buys Houses to help people like you. 130 00:08:17,079 --> 00:08:17,659 Imagine, 131 00:08:18,759 --> 00:08:23,699 um, this. No more worrying about that place, you know, just being done with it, getting cash 132 00:08:23,719 --> 00:08:28,139 and a fresh start. That's what we offer. So if you're interested, head to dannybuyshouses.com. 133 00:08:28,159 --> 00:08:32,879 Fill out that form and let's talk. I'm Danny Johnson, and I've got your back, San Antonio. 134 00:08:33,279 --> 00:08:36,019 Thanks for listening, everyone. Share this with an heir who needs it. 135 00:08:36,099 --> 00:08:40,079 Next episode, we're gonna cover selling a house in foreclosure. Don't miss this. 136 00:08:40,399 --> 00:08:44,359 This is Danny Johnson saying take care and let's get that house sold. See you next time.