I Inherited a Property

First comes standing: depending on the estate, the property may need to move through probate before anyone can sell it, and the executor or administrator is the person with authority to act. A brief conversation with an estate attorney early can prevent months of unwinding later.

Second, understand the tax picture before assuming a sale is urgent. Inherited property often receives a stepped-up cost basis, which can significantly change the tax consequences of selling — a tax professional can confirm how the rules apply to your situation.

There's usually more to weigh than one page can cover — timing, paperwork, money, family. Bring your questions as they are; sorting them out together is the easy part.

Estate matters usually deserve professional support: an estate or probate attorney for authority and title questions, and a tax professional for basis and capital-gains treatment.

Paths that often fit this situation:

• Sell As-Is on the Open Market — Skip the repairs and still reach the open market.
• Direct Cash Offer — Speed and certainty, priced into the offer.
• Traditional Market Listing — Full market exposure with professional preparation.