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Updated 9 days ago on . Most recent reply

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Quiana Bruce
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Land Inherited BUT want to Sell (Located in Lafayette County)

Quiana Bruce
Posted

Hi All! I am NEW to the forums but have been following bigger pockets podcast and affiliates for a very long time, lol. I am in need of a Real Estate Attorney familiar with cases concerning inherited land and the processes needed to legally sell off our specific portion aside from the other 8 heirs. I have POA approval from my sibling to represent our interest. I would like to sell our 1/12 portion so that we can move into some other BIGGER endeavors.

Any referrals or suggestions are very much appreciated! 

Happy Tuesday:)  

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Matt Devincenzo
  • Investor
  • Clairemont, CA
2,655
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Matt Devincenzo
  • Investor
  • Clairemont, CA
Replied

@Quiana Bruce the other thing to attempt here since I see it is a larger parcel at 18 acres, you could consider splitting off 1/12 of the area (~1.5 acres). Everyone would need to agree and sign docs, but they 'give you' your 1.5 acres and you would 'give up' your 1/12 ownership in the rest of the property. If you did that you may have a much more sellable piece of property...most people won't want to buy a partial interest with unrelated parties. But there's a buyer for almost anything at the right price.  

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