What To Do After Inheriting A Property In Southern California
                     What To Do 
After Inheriting 
A Property In 
SOUTHERN 
CALIFORNIA
GET INSURANCE
• A new insurance policy should be taken 
out.
• However, you could choose to keep the 
current policy.
• If the house is in probate, you won’t be 
    able to take out insurance in your name.
PAY THE MORTGAGE & 
OTHER OUTSTANDING DEBTS
Continue to make mortgage payments, 
otherwise the property will get foreclosed. 
Run a title check to find out if there are any 
liens against the property.
RENT IT OUT
• This is a great source of passive income.
• Find a long-term tenant.
• Turn the property into a vacation rental.
MULTIPLE HEIRS
If there’s more than one heir to the 
property, each one should contribute so 
insurance, mortgage, and tax payments 
are all made on time. The cost of 
maintenance should be split as well.
TAXES
• You’ll have to pay estate and 
property taxes.
• You’ll have to pay capital gains tax 
if you sell.
SELL IT
• Sell if you can’t afford the high costs of 
maintenance.
• Sell if you can’t make mortgage or 
insurance payments.
• Sell if you can’t pay the taxes.
Do you want to sell your inherited property 
in Southern California in less than 30 days? 
At Cash 4 Homes
We buy houses in Southern California in any condition, and we always pay in cash.
You don’t need to make any repairs before selling to us.
Visit 
www.cash-4-homes.com 
to get started!