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Is There A Holding Period Before Selling My Inherited Home?

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If you are thinking about selling your inherited property, you might be wondering, “Is there a holding period before selling my inherited home?” This article will answer that question and you might be surprised at what you learn… If you’ve inherited a property, you might now be wondering what to do with that property. And … Continued

Can a house be sold while in probate in Wichita Falls Texas?

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Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away, they leave their loved ones and their property behind. Part of the probate process is determining the assets of the deceased. Examples of commonly owned assets are cars, boats, investment accounts, bank accounts, and houses. … Continued

What happens when you inherit a house in Texas?

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Inheriting a house is one of the few big surprises that life brings us sometimes. Whether it is expected or a surprise, the passing of a loved one can be tough. Firstly, emotions well up within us as we go through something like this. Often, we think of the good times we spent with that … Continued

Tax consequences when selling a house I inherited in Wichita Falls

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Inheriting a home has been described as a bitter-sweet experience… You are left with great property value you can use to improve your life, but you are still mourning the loss of a loved one. So you may tend to ask yourself at this point “what are the tax consequences when selling a house I … Continued

Now is a great time to sell your Wichita Falls house!

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Demand is still incredibly high, with low inventory and a housing shortage across the country. Even with a rise in interest rates, property is still selling at record speed in most areas in many states. The houses that aren’t selling? Well, they’re the usual ones… Even with the high demand, most buyers are not looking … Continued

Did you inherit a Wichita Falls property?

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Inheriting a home is both a blessing and a huge obligation — it requires a lot of work. It will be necessary to create a short-term plan for maintaining the home while the estate settles. This can take six months or more. During this time, it’s also important to talk with the other heirs to … Continued

Does your Wichita Falls house have code violations?

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It is often unexpected and frustrating when you receive notice that your property has a code violation and that, if it’s not fixed, you’re going to receive a fine. We know what this is like. At TruTex Properties, LLC, we’ve bought a lot of properties in Wichita Falls with code violations and had to deal … Continued

Trying to off-load multiple properties in Wichita Falls?

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Coordinating that — and selling the properties as fast as you’d like — can be a real pain. You could sell each property through a real estate agent. But then you’re at the mercy of the housing market. And you’re not going to get as much money going that route if the properties need repairs … Continued