Inheriting land can be both a blessing and a challenge. While it may seem like a valuable asset, many landowners aren’t sure what to do next. Should you keep it, sell it, or explore other options? Whether you’ve inherited land unexpectedly or have been planning for it, knowing your next steps can help you make the best decision.
Step 1: Understand the Property You Inherited
Before making any decisions, gather all the details about your land. Here are a few things to check:
- Ownership & Title Status – Verify that the deed is in your name and check for any co-owners.
- Property Taxes – Find out if any back taxes are owed. If so, they’ll need to be addressed before selling on the market, however, we buy land with back taxes still owing!
- Zoning & Land Use – Check local zoning laws to understand what the land can be used for (residential, agricultural, commercial, etc.).
- Utilities & Access – Is the land accessible by road? Does it have electricity, water, or sewer connections?
These factors impact the value of the land and how easy it will be to sell.
Step 2: Determine If You Want to Keep or Sell the Land
Once you understand what you own, ask yourself: Do I want to keep this land?
If maintaining it will be costly or if you have no plans to use it, selling might be the best option.
Some common reasons people sell inherited land include:
✔️ Avoiding ongoing property tax costs
✔️ Lack of personal use or plans for development
✔️ Preventing disputes among family members
✔️ Converting land into cash for other financial needs
Step 3: Resolve Any Legal or Tax Issues
Before selling, take care of any outstanding legal or tax concerns:
- Probate Process: If the land was left in a will, it may need to go through probate before you can sell it. Consult an attorney if necessary.
- Back Taxes or Liens: If unpaid property taxes exist, determine if you want to settle them first or sell with the taxes outstanding.
- Multiple Heirs: If multiple people inherited the land, you’ll need to agree on a plan for selling or dividing the proceeds.
Step 4: Get a Land Valuation
Understanding the value of your inherited land helps you make informed decisions. Factors like location, size, zoning, and local market demand all affect its worth.
📌 Get in contact with us, we will send you an offer! Use our contact page here or email us at simplyacres@gmail.com.
Step 5: Sell Your Land for Cash (If You’re Ready)
If you decide to sell, working with a land investor is often the easiest way to get cash for your property without hassle. Unlike selling through a realtor, land investors buy directly, meaning:
✅ No waiting for a buyer
✅ No costly commissions or fees
✅ No need to improve or develop the land
✅ We can also offer you different ways to sell, creative offers where we may be able to offer more!
Selling land for cash or otherwise allows you to move forward quickly, especially if you don’t want the burden of managing an unused property.
Final Thoughts
Inheriting land doesn’t have to be overwhelming. By understanding your property, resolving legal matters, and deciding whether to keep or sell, you can make the best choice for your situation. If you’re looking for a fast, hassle-free way to sell inherited land, we’re here to help! Contact us today for a free, no-obligation offer.
All the best for now,
Matthew & Kathleen
