How much cash do sellers get?
The smallest deal we’ve done recently was $3,000 for a messy tear down that took several dumpsters to haul everything away. We haven’t done any six figure deals yet, but five figures is common.
How do sellers get paid?
Usually with a cashier’s check when they sign the documents. As soon as the documents are signed, the notary hands the sellers their money. Before the notary comes, we email the sellers a copy of the cashier’s check, so they can confirm with the bank it’s good.
We can also do wire transfers to bank accounts or close through attorneys.
How long does it take to get the money?
After all the sellers agree, we can usually get the money delivered in about a week. We’ve gotten money to some sellers who were nearby in as little as a day or two.
One seller who was especially close by said “yes” in the morning, and the notary handed her a cashier’s check that afternoon. We can’t promise you that, but we’ve never had it take longer than two weeks from the time all the sellers say yes, even during holidays.
A tax auction is scheduled. How much time do we have to do this? Can we wait until the last minute?
If your property is already on the tax auction calendar, you’ve waited long enough. Contact us now.
We’re living in the property. When will we have to move?
When you contact us to get an offer, explain your situation in the comments box, and we’ll do what we can to make the transition smooth for you.
Squatters have moved into the property. Do we need to evict them?
When we say AS IS, we mean it. That includes your property being occupied by squatters.
Squatters can be a nuisance. We know. We’ve dealt with them far too many times over the years.
The good news is, squatters won’t stop us from buying your property, and you won’t have to evict them.
We don’t have a will, and we didn’t do a probate. Does that matter?
With most of the properties we deal with, there’s no will, and probate wasn’t done. We can still buy your property.
We didn’t do a probate. How do we know who the heirs are?
With most of families, it’s not very complicated. There are some examples here.
Will we have to appear in court?
No. We handle all that as part of our service.
We had a buyer like you described who didn’t close, and now the auction is soon. Can you help us?
We’ll do our best. The first thing you need to do is get a release from your buyer, even if you have to return the deposit to get it.
Be sure to tell us about this in the comments section when you contact us.
What are your fees?
Sellers pay us nothing:
- Nothing in advance, and
- Nothing later.
We pay all the closing costs, too.
Do we have to pay taxes on this money?
If you inherited the property, this money is tax free. We provide documentation on this for your tax preparer to add one simple page to your next tax return so you don’t have to pay any taxes on this money.
How long have you been in business?
You Have Inherited LLC is fairly new, established in early 2021, but the principals have been dealing with real estate for many years as buyers, sellers, landlords, property managers, real estate investment trust trustees, and petitioners before Florida courts on real estate title matters.
Are you attorneys?
No, but we work with attorneys. If you have one, we can work with yours.
Are you real estate agents or brokers?
No. We buy directly from sellers.
Are you licensed?
No license is required for what we do.
Are you registered anywhere?
Yes. You Have Inherited LLC is registered with the Florida Secretary of State, Division of Corporations. We are also members of the Florida Land Title Association.
Is there a way we can verify if you’re real?
Much of our success is documented in probate court records. However, even though those records are officially classified as public records, Florida law does not allow most probate records to be available online.
Contact us and we’ll show you how to see the important parts of these records, without having to go to the courthouse.