Dealing with an inherited property is complicated enough without the stress of a traditional sale. We work directly with estates and probate attorneys, buy as-is, and close on your schedule.
Inherited properties come with unique challenges — probate court involvement, multiple heirs who may disagree, homes in deferred-maintenance condition, and tax implications like stepped-up basis that most sellers don't know about. Traditional agents rarely have the expertise or patience for these situations. 7 Lakes Properties specializes in them. See our complete Michigan cash home buyers guide to understand the full process before you decide.
Our team understands the Michigan probate process. We work alongside your estate attorney to ensure the sale proceeds legally and efficiently. We're familiar with court approval requirements, Letters of Authority, and the timeline constraints executors face.
Most inherited homes haven't been updated in decades. We buy them completely as-is — from 1970s kitchens and carpeted bathrooms to full-of-belongings estates. Leave whatever you can't move. We handle all clean-out and renovation after closing.
You don't need to fly to Michigan to sell the property. We handle everything remotely — DocuSign for contracts, remote notarization, and wire transfer at closing. Many of our inherited home closings happen without the sellers ever visiting the property.
Yes. We regularly purchase homes during the Michigan probate process. We coordinate with your probate attorney and the title company to ensure the sale is legally compliant. Depending on the estate, we may need Letters of Authority before closing.
All heirs with ownership interest must sign the sales contract. We're experienced in working with families where multiple parties are involved. If one heir refuses to sell, there are legal remedies — your probate attorney can advise on partition actions.
When you inherit property, your cost basis is stepped up to the fair market value at the date of the deceased's death. This means if you sell quickly, you may owe little or no capital gains tax. We strongly recommend consulting a CPA before selling.
We can close as fast as 10–14 days once we have clear title authority. If probate is ongoing, we work within the court's timeline. The key is contacting us early so we can coordinate with your attorney from the start.
