If you’ve inherited a house in Charleston, WV, you might be asking yourself: “What should I do now with this inherited house?”
Dealing with the passing of a loved one is never easy, and managing an inherited house can feel overwhelming. You may be thinking about renting the inherited house, selling the inherited house, or just figuring out what your options are.
The good news is—you’re not alone. We help Charleston homeowners just like you who have inherited a house and need to decide whether to keep it, rent it, or sell it quickly. In this guide, we’ll walk you through exactly what to do when you inherit a house in Charleston, WV.
What to Do When You Inherit a House in Charleston, WV
1. Check the Mortgage on Your Inherited House
When you inherit a house, you must immediately find out if there’s still a mortgage on the property.
- If the inherited house is fully paid off, great—you have more options.
- If there’s an active mortgage, you’ll need to continue making payments, refinance, or contact the lender about your inherited house.
If you can’t afford to keep paying for the inherited house, selling may be your best path.
2. Can You Manage the Inherited House?
Owning an inherited house in Charleston, WV means handling:
- Rent collection (if you choose to rent it)
- Repairs and maintenance
- Tenant screening and management
If you don’t want to manage the inherited house, or you live out of town, selling may be the easiest solution.
3. Prepare for Inherited House Repairs and Maintenance
Many inherited houses in Charleston need:
- Roofing repairs
- Plumbing work
- Cosmetic updates
Repairs can be costly, and surprises with an inherited house are common.
If you prefer to avoid these expenses, we buy inherited houses in Charleston, WV as-is, for cash.
Learn more about selling your Charleston house as-is.
4. Selling Your Inherited House for Top Dollar
If you want top market value for your inherited house, you’ll likely need to:
- Invest in repairs
- Update landscaping
- Cover realtor commissions and closing costs
If you don’t want to make repairs, we can purchase your inherited house directly, saving you time and money.
5. Understand the Charleston Real Estate Market for Inherited Houses
Before selling or renting, analyze the local real estate market:
- What’s the current value of your inherited house?
- Will the property appreciate if you keep it?
- How much rental income could your inherited house generate?
Check current Charleston market trends.
6. Tax Implications of Selling an Inherited House
When you inherit a house, you usually receive a stepped-up basis, which may reduce your capital gains taxes if you sell soon.
Discuss the tax impact of selling an inherited house with a professional or review the IRS Inheritance Guidelines.
7. Explore Creative Ways to Sell an Inherited House
If you’re not ready to sell right away, you might consider:
- A lease-option agreement that allows you to rent now and sell later.
- A delayed closing or flexible sale to fit your needs.
We have experience helping Charleston homeowners with creative solutions for inherited houses.
8. Get a Detailed Comparison for Your Inherited House
We’ll help you compare:
- A fast cash offer for your inherited house today
- The property’s potential after repairs
- Rental income estimates
You’ll have a clear picture of what to expect whether you rent or sell your inherited house.
Ready to Sell Your Inherited House in Charleston, WV?
If you’ve inherited a house in Charleston, WV and need help deciding what to do, contact us today.
We specialize in buying inherited houses quickly, as-is, with no commissions, no repairs, and no hassle.
📞 Call us now at 304-936-1948 or contact us online.
Let’s help you make the best decision for your inherited house in Charleston, WV.
Inherited house? Learn more about your options via Youtube
Inherited a house? learn more about your options via Facebook
Inhereited a house? learn more about us via BBB
What Not to Do When You Inherit a House in Charleston, WV
Inheriting a house in Charleston can feel like a gift and a burden all at once. Between legal responsibilities, financial questions, and emotional attachments, many heirs don’t know where to start. But just as important as knowing what to do—is knowing what to avoid.
If you’ve recently inherited a property, here are the biggest mistakes to watch out for.
1. Don’t Ignore the Mortgage or Bills
Even if you haven’t decided what to do with the property, the bills don’t wait. Property taxes, insurance, utilities, and mortgage payments may still be due. Failing to address these can lead to foreclosure or legal complications.
Pro Tip: Call the lender and utility companies right away to get clarity on current balances and next steps.
2. Don’t Make Emotional Decisions
It’s easy to let grief cloud your judgment. You might want to keep the home for sentimental reasons, even if it’s not financially wise—or rush into selling just to avoid dealing with it.
Pro Tip: Take time to evaluate your financial situation, property condition, and long-term goals. Talking with an unbiased advisor can help.
3. Don’t Skip the Probate Process
Many inherited properties must go through probate before they can be sold or transferred. If you try to sell the home too soon or make repairs before you’re legally authorized, you could face legal trouble.
Pro Tip: Consult with a probate attorney or your county court to make sure you’re following the right steps.
4. Don’t Overlook Property Condition
Older homes often come with hidden issues: outdated wiring, mold, roof leaks, or foundation concerns. If you plan to keep or rent the property, you’ll need to budget for repairs.
Pro Tip: Get a home inspection to understand the true condition before making any decisions.
5. Don’t Assume Selling Has to Be Complicated
If the idea of prepping, cleaning, repairing, and listing the house feels overwhelming—you’re not alone. Fortunately, there are easier ways to sell.
Pro Tip: At Coach Buys Homes, we buy inherited homes in Charleston, WV directly. No repairs, showings, or commissions. Just a fair offer and a stress-free process.
Ready for a Simpler Solution?
If you’ve inherited a property and aren’t sure where to start, we’re here to help. Whether you need time, options, or a quick cash sale, our team can walk you through every step.
📞 Call us today at 304-936-1948 to get expert guidance and a no-obligation cash offer for your inherited house in Charleston.