{"id":4655,"date":"2020-07-30T00:00:00","date_gmt":"2020-07-30T07:00:00","guid":{"rendered":"https:\/\/chrisbuyshomesstlseller.carrot.com\/?p=4655"},"modified":"2020-07-30T00:00:00","modified_gmt":"2020-07-30T07:00:00","slug":"is-there-a-holding-period-before-selling-my-inherited-home-in-wildwood-mo","status":"publish","type":"post","link":"https:\/\/www.chrisbuyshomesstl.com\/blog\/is-there-a-holding-period-before-selling-my-inherited-home-in-wildwood-mo\/","title":{"rendered":"92. Is There A Holding Period Before Selling My Inherited Home In Wildwood, MO? \u2013 Chris Buys Homes In St. Louis"},"content":{"rendered":"

We Buy Houses In Wildwood, Missouri <\/strong><\/a>and we pay cash for houses to home sellers who need to sell quickly. If you are thinking about selling your inherited property, you might be wondering, \u201cIs there a holding period before selling my inherited home in Wildwood, MO?<\/u>\u201d This article will answer that question and you might be surprised at what you learn.<\/em><\/p>\n

If you\u2019ve inherited a property, you might now be wondering what to do with that property. And if you\u2019re thinking about selling it then you\u2019re probably wondering, “Is There A Holding Period Before Selling My inherited Home In Wildwood, MO?<\/strong>\u201d Great question. So as local homebuyers in Missouri, we have put here a few of the important things that you should know in order to answer the question.<\/p>\n

Is There A Holding Period Before Selling My Inherited Home In Wildwood, MO<\/h2>\n

Probate Versus Inheritance In Missouri<\/h2>\n

In general, an inherited property is what you get when someone passes away and leaves you their property. Probate<\/a> is a stage along the way \u2013 it\u2019s the step of proving the will and making sure that the right heir gets the right inherited property.<\/p>\n

Therefore, if someone leaves you a home and the house is in probate, you might not be able to sell it right away because the will is still being proved and there could be other heirs contesting the will. However, if probate is complete and you fully own the inherited home, then you can likely sell without waiting.<\/p>\n

There Is A Holding Period In Wildwood (But Not What You Think)<\/h2>\n

There is a holding period with inherited homes but the holding period doesn\u2019t mean you can\u2019t sell. It\u2019s simply a term used to describe how you will be taxed on the property \u2013 and it depends on when the deceased passed away.<\/p>\n

However, in most cases, this won\u2019t prevent you from selling the property<\/a> but you should talk to an accountant to see if the holding period will impact how much tax you pay<\/a>.<\/p>\n

There May Be Other Factors In Wildwood, Missouri<\/h2>\n

While it isn\u2019t likely going to be a holding period on the inherited property itself that will prevent you from selling it, you should be aware that there could be other holding periods that will make it more challenging to sell \u2013 such as if the home still has a mortgage or some other obligation. But in many cases, these can be sorted out and, in the long-term, shouldn\u2019t keep you from selling.<\/p>\n

So, if you inherited a house and are now thinking about selling it, and if you\u2019re wondering, \u201cIs There A Holding Period Before Selling My Inherited Home In Wildwood, MO?\u201d then here\u2019s the good news: You probably don\u2019t have to wait to sell and you can get that process going right away. However, be aware that there could be other factors that may delay the sale, or that could impact the tax you\u2019ll have to pay when you sell.<\/p>\n

Sell My House In Wildwood, MO<\/h2>\n

Here\u2019s a fast solution for you: If you want to sell your house in St. Louis<\/strong><\/a> as quickly as possible, give us a call! We are legitimate Missouri home buyers and we\u2019ll give you a fair, fast all-cash offer right away to purchase your inherited property as-is.<\/p>\n

Selling your inherited property<\/a> in Wildwood, MO? Just call us today at (314) 334-1481 or contact us<\/a> now for more information on how we can make you a fair cash offer today!<\/h3>\n","protected":false},"excerpt":{"rendered":"

We Buy Houses In Wildwood, Missouri and we pay cash for houses to home sellers who need to sell quickly. If you are thinking about selling your inherited property, you might be wondering, \u201cIs there a holding period before selling my inherited home in Wildwood, MO?\u201d This article will answer that question and you might […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-4655","post","type-post","status-publish","format-standard","hentry","category-inheriteddivorce"],"_links":{"self":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/4655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/comments?post=4655"}],"version-history":[{"count":0,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/posts\/4655\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/media?parent=4655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/categories?post=4655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chrisbuyshomesstl.com\/wp-json\/wp\/v2\/tags?post=4655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}