Inheriting a home can be both a gift and a challenge. For families in Sarnia and the Sarnia Lambton region, deciding what to do with an inherited property often brings up big questions. Should you keep it, rent it, or sell it?
If you're thinking about selling a home that you’ve inherited, this guide offers simple, helpful tips to make the process smoother. Whether you're local or handling things from afar, understanding your options is key.
Why Sell an Inherited Property?
There are many reasons people in Sarnia Lambton choose to sell an inherited home. Some common reasons include:
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You already have a home and don’t need a second one.
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The property needs too much work.
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You're sharing the inheritance with siblings or relatives.
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You want to avoid the costs of property taxes, insurance, and maintenance.
Selling can free up money for your family, and in some cases, help avoid future stress or disagreements.
Step 1: Understand the Legal Side
Before you list the home, you’ll need to handle a few legal details:
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Probate: This is the legal process that confirms the will and gives you the right to sell the home. In Ontario, this can take a few weeks to a few months.
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Title Transfer: Once probate is complete, the home’s title must be officially transferred to the new owner(s).
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Taxes: There may be taxes owing when you sell, especially if the home’s value has increased.
Tip: It’s smart to talk to a lawyer or tax advisor who understands real estate in Ontario.
Step 2: Get the Property Ready
Once the paperwork is sorted, it’s time to prepare the home for sale. Here are a few tips to help:
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Declutter and Clean: Remove personal items, clean each room, and consider a fresh coat of paint.
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Repair and Refresh: Fix anything broken, update outdated features if you can, and boost curb appeal with some landscaping.
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Stage the Home: Staging helps homebuyers see the full potential of the space.
A well-prepared home can sell faster and often at a higher price.
Step 3: Price It Right
Pricing an inherited property correctly is very important. Overpricing can scare buyers away. Underpricing may cost you money.
A local real estate agent who knows the Sarnia and Sarnia Lambton market can provide a Comparative Market Analysis (CMA). This compares your home to similar ones recently sold in the area.
With the Canada housing market always changing, expert guidance helps you make the best choice.
Step 4: Market the Home
To attract serious homebuyers, the home needs to be seen by as many people as possible. Here’s how agents help:
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Listing on MLS and real estate websites
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High-quality photos and virtual tours
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Social media promotion
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Open houses and private showings
Agents also screen buyers and help negotiate the best price and conditions.
Step 5: Close the Sale
Once you’ve accepted an offer, your agent will guide you through the closing process. This includes:
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Home inspections
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Final paperwork
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Coordinating with lawyers and buyers
When everything is complete, the home is officially sold—and you can move forward with peace of mind.
Tips for a Smooth Process
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Talk to your family early: Make sure everyone agrees on what to do.
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Work with local experts: Professionals who know the Sarnia real estate market can save you time and stress.
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Stay organized: Keep track of all documents and deadlines.
At Blue Coast Realty, we understand that selling a home—especially one you’ve inherited—isn’t just a business transaction. It’s personal.
Our team is proud to serve Sarnia Lambton with care, experience, and local knowledge. Whether you’re buying a home, selling, or managing an inheritance, we’re here to help every step of the way.