Inherited House in Florida
Turn inherited equity into monthly income instead of one taxable lump sum.
Inherited homes are often outdated and expensive to prep for retail. Seller financing lets heirs sell quickly, avoid major rehab, and create a structured note payment stream.
When This Structure Fits
- You inherited a home that needs updates before listing.
- You want cash flow from the property instead of a one-time check.
- You want to spread recognized gain over time under installment-sale rules.
- You need a cleaner exit between multiple heirs with flexible terms.
Why Owners Use It
- No heavy pre-listing renovation requirement.
- Terms can include a meaningful down payment plus monthly principal and interest.
- The note stays secured by the property, similar to bank collateral.
- Heirs can align deal structure around income goals and timeline needs.
Sample Deal Structure
Three siblings inheriting a dated Clearwater home
Sale Price
$415,000
Down Payment
15% ($62,250)
Interest Rate
8.25%
Amortization
30 years
Payoff Plan
No balloon (fully amortized)
Estimated Monthly
~$2,660
Creates immediate cash at closing for estate expenses while generating long-term monthly distributions.
Search Intent Coverage
This page focuses on motivated seller searches tied to this scenario.
Need a custom structure?
Use the form below and we will draft terms around your exact value, timeline, and payoff goals.
Request Seller Finance TermsScenario Questions
Can multiple heirs still use seller financing?
Yes. The note and payment rights can be documented through estate and title work so each heir receives their agreed share.
Do we need to renovate the inherited house first?
Usually no. Seller-financed structures can be built around as-is condition, which avoids major rehab costs and delays.
Can heirs choose no balloon terms?
Yes. You can structure fully amortized notes with no balloon or include a balloon if that better matches your cash goals.
Ready to Structure Your Deal?
Share your property details and we'll map a seller-finance structure around this scenario.
Request Seller Finance Terms
Tell us your goals and we will structure options around your numbers.