{"id":52119,"date":"2024-12-31T04:56:15","date_gmt":"2024-12-31T12:56:15","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=52119"},"modified":"2025-01-22T13:59:02","modified_gmt":"2025-01-22T21:59:02","slug":"can-a-successor-in-interest-sell-a-house","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/can-a-successor-in-interest-sell-a-house\/","title":{"rendered":"Can a Successor In Interest Sell a House?"},"content":{"rendered":"<p>You\u2019ve been confirmed as a \u201csuccessor in interest\u201d on an inherited home attached to a mortgage. But what does that mean? Can a successor in interest sell a house?<\/p>\n<p>Balancing logistics, grief, and family emotions while trying to figure out your next move can be challenging, especially if the inherited property is out of state.<\/p>\n<p>In this guide, we explore what it means to be a successor in interest, the rights typically granted to you, and whether selling the house is an option. We\u2019ll also provide expert insights and tips on how to sell your inherited home.<\/p>\n\n\n\n\n\n<div class=\"geo-cta widget-cta widget-cta--content     widget-cta--dark widget-cta--dark-blue-gradient\">\n    <div class=\"widget-element--content\">\n        <div class=\"widget-element--content-header\">\n            <img decoding=\"async\" alt=\"homelight logo\" class=\"widget-element--logo\" src=\"https:\/\/www.homelight.com\/blog\/wp-content\/themes\/ccprototypev5\/images\/logo-small-cta.png\" width=\"106\" height=\"25\" \/>\n        <\/div>\n        \n                <h3 class=\"cta-headline widget--bold\">Sell Your Inherited Home Quickly For Cash<\/h3>\n                        <p>Get a no-obligation cash offer from HomeLight\u2019s Simple Sale platform in 24 hours. Sell when you\u2019re ready without the hassle of paying for repairs or dealing with showings. You\u2019ll also see an expert estimate of what your home might sell for using a top agent.<\/p>\n        \n                <div class=\"widget-element--buttons\">\n            <a data-type=\"In Content CTA\" href=\"https:\/\/www.homelight.com\/simple-sale\/quiz?interested_in_agent=true\" class=\"cta-click-track widget-element--button\">Request Offer<\/a>\n        <\/div>\n                    <\/div>\n<\/div>\n\n\n<div id=\"section--1\" data-toc-header=\"What is a successor in interest?\" data-toc-type=\"head\"><\/div>\n<h2>What is a successor in interest?<\/h2>\n<p>A <a href=\"https:\/\/www.freedommortgage.com\/customer-center\/articles\/successor-in-interest\">successor in interest<\/a> is a person who has acquired an ownership interest in a property from a previous owner. While a successor in interest may now own the property, they are not automatically responsible for the existing loan unless they specifically agree to assume the debt.<\/p>\n<p>Examples of situations where someone might become a successor in interest:<\/p>\n<ul>\n<li aria-level=\"1\">A child <a href=\"https:\/\/www.homelight.com\/blog\/i-inherited-a-house-and-want-to-sell-it\/\">inheriting a house<\/a> from a deceased parent with an outstanding mortgage.<\/li>\n<li aria-level=\"1\">A spouse <a href=\"https:\/\/www.homelight.com\/blog\/dividing-real-estate-in-a-divorce\/\">receiving a property in a divorce settlement<\/a> or legal separation where a mortgage is still active.<\/li>\n<li aria-level=\"1\">A living spouse or parent is <a href=\"https:\/\/www.homelight.com\/blog\/can-my-parents-sell-me-their-house-for-a-dollar\/\">transferring ownership of a home<\/a> to a partner or child.<\/li>\n<li aria-level=\"1\">A beneficiary of a <a href=\"https:\/\/www.homelight.com\/blog\/cost-to-put-house-in-trust\/\">living trust<\/a> who receives a property with a mortgage upon the original owner&#8217;s passing.<\/li>\n<li aria-level=\"1\">A co-owner of a mortgaged property has passed away.<\/li>\n<\/ul>\n<p>\u201cUnlike an executor, personal representative, or beneficiary, a successor in interest does not have to have any relationship with the prior owner,\u201d explains<a href=\"https:\/\/schorr-law.com\/attorneys\/zachary-schorr\/\"> Zachary D. Schorr<\/a>, one of the top real estate attorneys in Los Angeles. \u201cFor example, if someone owns property and sells it to a stranger, then the stranger is still their successor in interest with respect to the property. They just follow in the chain of titles.\u201d<\/p>\n<p>Documentation is typically required to prove your ownership interest, but once you are confirmed as a successor in interest, the mortgage servicer must communicate with you to provide information about the loan and any potential options regarding the property.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Can a successor in interest sell a house? Yes, but here\u2019s what you need to know before you start. See expert insights from a top real estate attorney.<\/p>\n","protected":false},"author":298,"featured_media":52125,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[326,319],"tags":[],"class_list":["post-52119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inheritance","category-selling-advice"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Can a Successor In Interest Sell a House?<\/title>\n<meta name=\"description\" content=\"Can a successor in interest sell a house? Yes, but here\u2019s what you need to know before you start. 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