Inheriting Property Can Be Overwhelming… But You’re Not Alone
If you’ve recently come into possession of an inherited property—especially here in Staten Island—you might be feeling a whirlwind of emotions: gratitude, grief, confusion, and maybe even a touch of anxiety. You’re not alone.
At Your Home Sold Guaranteed Realty Advisors LLC, we’ve helped hundreds of families navigate the complex, emotional journey that comes with settling an estate. While the sale of the home is a significant part of the process, it’s only one aspect of a much bigger picture.
One of the most common questions we get—right after the house is sold—is: “Now what do I do with the money?”
Let’s walk through it all, step by step.
Step One: Selling the Inherited Property for Top Dollar
Selling an inherited property can be tricky. Often, these homes are older, filled with personal items, or in need of repair. Whether it’s been vacant or occupied, selling a home through probate real estate procedures demands a specialized approach.
Our Proven Process
At Your Home Sold Guaranteed Realty Advisors, we’ve developed a custom system just for estate liquidation and probate real estate transactions:
- Certified Pre-Owned Home Program – We handle inspections and prep to make the home buyer-ready.
- Multiple Offer Strategy – We don’t just list the home—we generate multiple offers, often within 48 hours.
- Guaranteed Sale Program – If it doesn’t sell, we’ll buy it ourselves.*
- Flexible Timelines – We work at your pace because we know probate doesn’t move overnight.
A Local Staten Island Success Story
We recently helped a family in Tottenville, Staten Island. After inheriting a home that hadn’t been updated since the 1960s, they were overwhelmed. Sorting memories, dealing with heirs and beneficiaries, and managing long-distance logistics added to the stress.
We stepped in, coordinated the estate liquidation, handled the clean-out, and worked closely with a local probate attorney. The home sold above asking in just over two weeks—and the family was relieved and grateful.
Step Two: Managing the Proceeds from the Estate Sale
Here’s what most people don’t consider until it’s too late: What happens to the proceeds from the inherited property sale?
A sudden financial windfall can feel just as overwhelming as the property itself—especially when there are multiple stakeholders or complex tax implications.
Introducing Our Wealth Strategy Partners
We’ve partnered with a network of local, vetted professionals, including:
- Estate Planning Attorneys
- CPAs and Tax Advisors
- Financial Planners and Wealth Managers
- 1031 Exchange Specialists
- Insurance Advisors
These experts don’t come from a Google search. They’re people we trust with our own families.
Smart Financial Options Include:
- Creating a trust to protect long-term wealth
- Investing in rental properties or retirement accounts
- Paying down debt or helping with family education costs
- Making charitable donations or legacy gifts
- Establishing a family foundation or scholarship
Every case is different, which is why we tailor strategies for your specific goals—with expert insights on minimizing capital gains tax and maximizing returns.
Step Three: Navigating the Probate Process in Staten Island
Let’s face it—probate can be confusing and time-consuming. If you’re the executor or administrator of an estate, it can feel like taking on a part-time job.
That’s why we offer Probate Concierge Services.
We’ll Help With:
- Connecting you with a local Staten Island probate attorney
- Clarifying each step of the probate real estate process
- Coordinating with courts, financial professionals, and family members
- Managing home repairs, inspections, and staging
- Keeping all heirs and beneficiaries aligned and informed
Our mission is to make the process less stressful and more respectful during an emotional time.
Why Families Trust Us During Life’s Toughest Transitions
We’ve been a part of the Staten Island community for over 20 years. Our team knows how personal and sensitive selling an inherited property can be.
When you work with us, you’re not just getting a real estate service. You’re gaining a team of problem-solvers who care deeply about:
✅ Selling your inherited property for top dollar
✅ Connecting you with the best local legal and financial experts
✅ Guiding you through probate with compassion
✅ Delivering a respectful, efficient process from start to finish
Ready to Get Some Clarity on Your Inherited Property?
Whether you’re already in the thick of it or just starting to explore your options, we’re here to help you make the most informed, stress-free decisions possible.
Call us at 718-571-8366
Click here to schedule a no-pressure consultation
At Your Home Sold Guaranteed Realty Advisors LLC, we treat every client like family. From property to proceeds, we ensure your inherited property transition leaves you with peace of mind—and a solid plan for the future.
Frequently Asked Questions
1. Do I have to go through probate to sell an inherited property?
Yes, unless the property was held in a trust or joint tenancy. Our team can help you connect with a local probate attorney to navigate the process.
2. How can I avoid capital gains tax when selling an inherited home?
By using the IRS step-up basis rule, you may reduce your capital gains exposure. A qualified CPA can guide you through your specific situation.
3. Can you help if the home is in disrepair?
Absolutely. We specialize in preparing and marketing homes that need TLC, often bringing in multiple offers even for fixer-uppers.
4. What happens if multiple family members inherit the property?
We help coordinate communication and develop a strategy that’s fair, clear, and legally sound for all heirs and beneficiaries.
5. Do you work only in Staten Island?
While our focus is Staten Island, we have trusted referral partners throughout New York City and New Jersey for families with multiple properties.
6. How soon can I sell my inherited property?
Timelines vary depending on the probate status, but we can usually prepare the home and gather offers within 14–21 days once legally allowed to proceed.