We buy the house ourselves
When we make an offer we are buying the property for our own account, as the purchaser. We are not a real estate broker and we are not agents. We do not list your property, we do not market it, and we do not represent you or anybody else in a sale to a third party. If what you want is the property on the open market, that is work for a licensed real estate broker, and you should hire one.
Being precise about this is not lawyerly throat clearing. Pennsylvania’s Real Estate Licensing and Registration Act reaches the way a company describes itself, which is why you will not see us call ourselves a consultant, a counsellor, an agent or a finder anywhere on this site. We are none of those things.
Nobody can sell anything until somebody is put in charge
Estate property cannot be sold or transferred until the Register of Wills in the county where the person lived grants letters: letters testamentary where there is a will, letters of administration where there is not. Families often spend weeks getting valuations before anyone has the authority to sign a deed. If nothing has been filed yet, start with how probate works rather than with price.
Whether you need the court depends on the will
Under 20 Pa.C.S. § 3351 a personal representative may sell real property that is not specifically devised without court approval, unless the will says otherwise. Where the will leaves that particular house to a named person, the property is specifically devised and that person has to join in the sale. Two estates that look identical from the outside can therefore need completely different paperwork. We go through what has to happen before a sale in more detail in the guide.
The inheritance tax reaches the house too
Pennsylvania taxes what each person receives, real estate included, and there is no exempt amount. The rate follows the relationship rather than the size of the estate: 4.5% for a child or other lineal heir, 12% for a sibling, 15% for anyone else, and nothing at all for a surviving spouse. Paying within three months of the date of death takes 5% off, and the tax is delinquent after nine months. None of that waits for the house to sell. See the inheritance tax guide for the full table.
When selling to us is the wrong answer
Sometimes it is. If the house is in reasonable condition, the family agrees on what should happen, and nobody minds waiting for a buyer, the open market will usually pay more than we will. We would rather say that than have you find it out afterwards.
Where a direct sale earns its keep is the awkward cases: a property that needs work nobody living three states away wants to manage, a house that has already sat on the market, a roof or a heating system that would have to be dealt with before a buyer’s lender would go near it, or several heirs who simply want the matter finished. In those situations a certain number now is worth more than a larger number that depends on everyone staying patient.
And if the family disagrees about what should happen to the property, that is a question for a probate attorney before it is a question about price. We will say so and stop there.