<a href="https://www.livechatinc.com/chat-with/9093275/" rel="nofollow">Chat with us</a>, powered by <a href="https://www.livechatinc.com/?welcome" rel="noopener nofollow" target="_blank">LiveChat</a>

Home » Blog » Avoiding Family Feuds When You Want To Sell an Inherited Property

Avoiding Family Feuds When You Want To Sell an Inherited Property

Published on December 24th, 2021

At SoCal Home Buyers our vision is to provide you with a fast, safe and simple solution to selling your home without the stress and hassle of listing it on the MLS.

Wouldn’t it be wonderful if properties were handed down with a list of clear instructions, and your siblings were on board with the same plan?

Members of your family may feel sentimental about the property, particularly if it was a childhood home.

There are plenty of reasons why selling is a more practical option.  In this post we'll cover Your Need to Know's when dealing with Family with an inherited house you want to sell.

If family members are scattered everywhere and relocating to fill the home isn’t feasible, the inherited property is going to sit and collect dust while racking up a costly maintenance bill.

Perhaps your family’s current financial status isn’t where you’d like it to be, and having the profit from the property can ease some of the burden.

Maybe the property is in terrible shape, and repairing it is out of everyone’s league.

Even if selling is the clearest decision, other members of your family may not see that.

It can be difficult to feel like you’re the only one approaching the situation with a level head, and when tensions are high, you may feel like you’re facing a disproportionate amount of opposition.

Frame out your talking points and find the right way to approach the situation if you want to avoid unnecessary conflict.

1. Deal with Possessions First

Before you decide how to handle the property itself, you’re going to have to empty it out.

Take advantage of this opportunity to set the right tone, and establish a pecking order.

If the instructions left behind weren’t explicitly clear, set some ground rules.

Take inventory of all the valued possessions, and let the adult children start picking first.

Work down the list until everyone is mostly satisfied with what they have.

This is the best time to get everyone in a rational mindset, working together to sort out their feelings during the process.

How you handle doling out the possessions will set the tone for the rest of the process.

If you let things get chaotic now, they’re only going to stay chaotic when you approach the issue of selling the property.

2. Have the Discussion About Selling

Wait for everyone to process what’s happened.

If a loved one has recently died, that’s going to take an understandable emotional toll on everyone.

Give everyone time to grieve and go through the motions before you have the conversation about selling.

There are two ways to approach this conversation.

You’re going to want to handle this differently, depending on whether you’re the sole inheritor, or other people have an equal claim to the property.

If You're the Sole Inheritor

If the property was handed directly to you, other family members may feel sore about not having been chosen to receive it.

Because of this, watch your attitude regarding the situation.

You can’t come across greedy or boastful, as this may heighten emotions.

The discussion should highlight the pragmatic reasons why you want to sell the property.

If you’re in dire straits and you need the profit to keep yourself afloat, be honest.

If you can’t afford to maintain or manage the property, now is the time to bring that up.

If You Share the Inheritance

You aren’t the only one who gets to make the decision to sell the property if you share it with siblings or other family members.

If everyone else agrees to sell, there’s no worries there – there isn’t much more to do besides finding the value of the home and locating the right buyer.

If the other people involved have different ideas, this is where things get tricky. If you’re the only one on your side of the fence, things may be more difficult for you.

If you can get others to see your point of view, you’re going to have better luck. Take a diplomatic approach to the conversation.

Allow everyone involved to be heard, and say as much as they need to say.

Don’t cut people off, jump in, and throw your opinions around as though yours are more important than anyone else’s.

As the person who votes to sell the property, you’re probably coming from the most reasonable place.

It’s your responsibility to outline your plan impartially, and consider the impact this will have on others.

Empathy is very important at a time like this, and now is the time to show how capable of empathizing you really are.

If others are looking to hold onto the property for sentimental reasons, you need to understand that while being prepared to explain that sentiment can become a burden when it comes to property.

You should always have a selling plan.

Since selling is your proposal, you need to make sure that all of your ducks are in a row before you start throwing around your ideas.

You can’t expect others to do the work that needs to be done to follow through with your prepared course of action, so be clear that you intend to act as a leader through the selling process.

Set the groundwork that you’ll be transparent throughout the entire process, and that everyone will have access to all information. Not only does this hold you accountable, but it keeps you trustworthy.

3. See if Anyone Needs Anything

As with most estates, others involved may fear that you’re being motivated by greed.

People who feel as though they weren’t left enough are going through a hard time – they’re posthumously searching their relationship with the departed individual, and they may feel as though they weren’t loved or appreciated.

When other people are involved, you can’t expect to keep the entire profit from the sale of the property for yourself.

It just won’t work that way.

Talk to everyone else about their concerns.

If you have a sibling that’s desperately in need of a new vehicle or is struggling with a crippling debt, you need to take their needs into account.

If everyone can see that they’ll benefit from the sale of the home, they’re more likely to follow the plan that makes their lives easier.

You’ll have much better luck getting things to move quickly if your family understands that you don’t intend to make out like a bandit and leave them all in the dust.

Incorporate them into the selling process as far as they wish to be incorporated.

Show everyone the value of the home on paper, and make sure they know the exact amount you’ve sold for. You’ll need to make good on all of your promises, and everyone needs to walk away feeling like they got their fair share.

Want an Easier Way to Sell?

We buy houses from homeowners that need to sell inherited property in Los AngelesRiversideSan BernardinoSan Diego, and Orange County.

No matter your situation with your inherited home, we can help make the process fast, easy and simple - even if you're having trouble with siblings.

You can either fill out our online form to request a no-obligation cash offer, or give us a call at: 951-331-3844 to find out how much we can pay for your inherited house today!

Or, watch the short video below to learn more about us.

We're Ready to Make You an Offer

Selling an Inherited House in CA can be a complicated process. At SoCal Home Buyers we make the process fast, simple & easy, while paying you the highest off-market price possible. Click the button below to Request a fair, no-obligation cash offer on your Inherited house Today.

Better Business Bureau | A+ Rating