Selling Inherited Property with Multiple Owners in St. Louis, Missouri – A Complete Guide


Post By:  Kyle Weindel  |   March 20, 2025  |  5 Minute Read

Tell Your Friends:

How to Sell an Inherited Property with Multiple Owners in St. Louis, Missouri

Inheriting a property can be a financial opportunity, but it also comes with challenges—especially when multiple owners are involved. Differing opinions, legal hurdles, and logistical complexities can make selling inherited property with multiple owners a stressful process. If you're in St. Louis, Missouri, and need to sell an inherited home shared with other heirs, this guide will walk you through the steps to ensure a smooth and efficient sale. Kyle Weindel specializes in helping families navigate the intricacies of selling inherited property with multiple owners, making the process as seamless as possible.


Step 1: Understanding Ownership and Legal Rights


Before selling an inherited property, all owners need to understand their rights and responsibilities. Missouri follows tenancy in common, meaning each heir owns a percentage of the property rather than specific sections of it. If everyone agrees to sell, the process is straightforward. However, if disagreements arise, legal solutions may be necessary.


Key Actions:

  • Obtain a copy of the property deed to confirm ownership.
  • Review the probate process if the estate hasn't been fully settled.
  • Discuss whether all heirs agree to sell or if any prefer to keep the property.
  • Consult an estate attorney if legal disputes arise.


Kyle Weindel can help coordinate legal assistance and ensure all paperwork is in order to avoid delays in selling inherited property with multiple owners.


Step 2: Resolving Disagreements Among Heirs


When multiple owners inherit a property, differences in opinion can delay or even block the sale. One heir may wish to sell immediately, while another may prefer to rent or keep the home for sentimental reasons.


Ways to Resolve Disputes:

  • Buyout Option: One heir can buy out the shares of others to retain sole ownership.
  • Mediation: A neutral third party can facilitate discussions to reach an agreement.
  • Partition Sale: If no agreement is reached, a court may force a sale through a partition action.
  • Real Estate Consultation: A professional like Kyle Weindel can provide market insights, making it easier for heirs to see the financial benefits of selling.


Step 3: Preparing the Home for Sale


Once all owners agree to sell, preparing the home for market is the next crucial step. Since inherited homes may require updates, deciding how much to invest in renovations is important.


Essential Steps:

  • Declutter & Clean: Remove personal belongings and stage the home.
  • Assess Repairs: Minor updates can boost market value, but full renovations aren't always necessary.
  • Determine Selling As-Is vs. Fixing Up: If heirs prefer a quick sale, selling as-is to a cash buyer may be the best option.


Kyle Weindel has extensive experience helping families in St. Louis evaluate whether to sell as-is or make strategic repairs before listing.


Step 4: Choosing the Best Selling Strategy


There are multiple ways to sell an inherited home, and the best method depends on the family's priorities—speed, maximizing profit, or reducing stress.


1.Traditional Market Sale

  • Pros: Higher selling price potential, competitive offers.
  • Cons: Takes longer, requires repairs and staging.
  • Best for: Heirs looking for maximum value and willing to wait for the right buyer.


2. Selling to a Cash Buyer

  • Pros: Fastest sale, no need for repairs, no contingencies.
  • Cons: Slightly lower sale price compared to the traditional market.
  • Best for: Families needing quick, hassle-free closings.


3. FSBO (For Sale by Owner)

  • Pros: Avoids agent commissions.
  • Cons: Requires marketing, legal paperwork, and negotiation skills.
  • Best for: Heirs with real estate experience and time to manage the sale.


Kyle Weindel specializes in assessing each unique situation and guiding families toward the best selling method based on their financial and emotional needs.


Step 5: Navigating the Closing Process


Once an offer is accepted, the closing process begins. This includes legal paperwork, title verification, and distributing the proceeds among heirs.


Final Steps:


  • Work with a title company to ensure a clean title transfer.
  • Pay off any remaining mortgage or liens.
  • Distribute proceeds according to ownership shares.
  • File necessary tax documents to report any gains from the sale.


Kyle Weindel and his team will ensure the closing process is handled smoothly, avoiding common pitfalls that can cause delays.


Why Work with Kyle Weindel?


Selling an inherited property with multiple owners is complicated, but you don’t have to navigate it alone. Kyle Weindel specializes in helping St. Louis families sell inherited homes quickly and efficiently, offering expertise in legal coordination, market analysis, and stress-free transactions.


Benefits of Working with Kyle:


✅ Expert in St. Louis real estate market

✅ Handles family disputes and mediation

✅ Helps navigate probate and legal challenges

✅ Offers as-is selling options for fast closings

✅ Provides personalized service tailored to your situation


Conclusion


Selling inherited property with multiple owners in St. Louis, Missouri, doesn’t have to be overwhelming. By understanding the legal process, working through disagreements, preparing the home, and choosing the right selling strategy, you can achieve a successful sale.


If you're facing this situation, contact Kyle Weindel today for a free consultation. His expertise ensures that every step of the process is handled with professionalism, helping families move forward with confidence.



Disclaimer: This article is for informational purposes only and should not be considered legal advice. Every inheritance situation is unique, and legal requirements may vary. It is highly recommended that you consult with a qualified estate attorney or legal professional to determine the best course of action for your specific circumstances.

Discover Your Home's True Value Today!

Get My Free Valuation

Access Exclusive

Off-Market Properties


Join our insider list to discover hidden gems before they hit

the market.

Access Exclusive Off-Market Properties

Interested in Learning More?

Sign-up For My Newsletter!

When you sign up for my newsletter, you'll Receive a FREE copy of "An Evidence Based Approach to a Successful Home Sale."

Contact Us

How to sell my inherited house in saint louis without the stress
By Kyle Weindel May 2, 2025
Selling an inherited house in St. Louis? Get clear answers on probate, taxes, and cash offers. Learn how to sell quickly. Even with multiple owners.
A map of st. louis with a red pin on it
By Kyle Weindel March 7, 2025
Moving to St. Louis? Discover the 7 best places to live for young professionals. See top neighborhoods, commute times, nightlife, and more. Start your search.
A poster that says 4 ways you make money through real estate investing
By Kyle Weindel October 2, 2024
4 Ways You Make Money through Real Estate Investing in St. Louis, Missouri
A bedroom with a bed , nightstand , mirror and two windows.
By Kyle Weindel February 17, 2023
Airbnb – the fun, easy, and trendy way to make loads of cash every month? Possibly, but not quite. After around one year of operating an Airbnb unit, I’ve learned the ins and outs of short-term rentals. There are certainly many positive things that come along with operating an Airbnb, but there are also a few things that make it less desirable. Here are some of the pros and cons of owning and operating an Airbnb. Pros 1. POTENTIAL FOR INCOME The potential for income with owning an airbnb is astronomical. I have read about people who have replaced the salary of their full-time job with owning 1-2 of these. The potential for income varies based on the market and using a software like AirDNA to help research what that potential is prior to starting your business is crucial. 2. AVERAGE GUEST STAY IS SHORT-TERM Having the guest only staying for a short time comes along with many perks. First, it gives you flexibility in your scheduling. Do you have family coming in town and you want to allow them to stay at your unit? Perfect! You can just block it off. Or maybe your unit is located in a vacation destination city, you can just block it off for the times you want to visit. Other perks include yourself or your cleaning team being able to check on the condition of the unit frequently and the chances of someone being able to do significant damage to the property is slim. Finally, if you have a difficult guest, then you only have to deal with them for a short time before their stay is over and you can move on. 3. GREAT TOOLS Airbnb gives you access to a variety of free tools that help make your life AL OT easier in terms of the day-to-day management and communication of the unit. There is software that performs market research for you and pricing your unit competitively to ensure minimal vacancy. There is also software that automates the communication for you. I set mine up to messages guests immediately upon booking with a nice welcome / thank you message, confirm dates reserved, house rules, directions to the property, and recommended local spots to visit. Then the guest would receive communication two days prior to their arrival, and at check out asking for a review. These tools along with a lot of other third party tools help to automate the whole process.
A couple is standing next to a welcome mat that says `` first time buyer ''.
By Kyle Weindel December 23, 2022
First-time home buyer in St. Louis? Get expert tips, checklists, and guidance to make smart decisions. Start your homeownership journey today—learn more!
Picture of a home with an arrow pointing down
By Kyle Weindel December 12, 2022
As a real estate agent, a question that I’m getting from a lot of clients is “When are home prices expected to go down?” I want to show you how I analyze the major data points of the real estate market. Some of the data includes reviewing a buyers market vs a sellers market, interest rates, how fast a home sells and how much it sells for. This combination of data is how I advise my clients on navigating the ever changing market and could lead us to the answer of when they will go down.