Have you inherited a house and are beginning to weigh your options? If you’re wondering how to sell on inherited house, selling to a cash investor has many benefits. In fact, in many cases it usually makes more sense to sell the property to an investor than list with a realtor (or other options) because you can prevent out of pocket expenses and you can close much faster! Usually in seven days, or less. And, that is without making any repairs…
Benefit #1 – Prevent Out of Pocket Expenses
When you sell with a realtor, they will insist that you do all the necessary repairs and cleaning of your house before they ever agree to show it. When the inherited house to an investor, you can sell the house-as is without doing any repairs. In many cases, inherited house are in less than good shape and usually need some type of repair before selling on the open market. However, when selling to a cash investor, the seller does not have to worry about making any repairs. This is a huge benefit to the inherited home seller.
Benefit #2 – Close the Sale Faster
If the house goes to probate, the property must be maintained even while no one resides there. Someone still has to pay the property taxes, homeowners’ association fees, insurance, utilities and lawn care. The probate process can take as long as six months or more, so families are paying for the maintenance of the home in addition to legal and other fees associated with owning and selling a property.
Then, once the probate is complete, you may need to repair it, hire a real estate agent and then sit on the house while the agent finds a buyer. And many agents will not list a house until probate is complete- so it is very likely that you may have to hold this house for up to a year before selling. Those carrying costs and commissions will add up fast. But if you sell to a solid investment company, you can have it closed in weeks rather than months.
Benefit #3 – Simplify the Process of Selling An Inherited House
Selling an inherited house to an investor is very common. When a seller considers the expenses and timing above, it really makes the most sense for many people to sell to a home buying company. Many inherited houses need repairs and updating, and that costs money. While you can avoid these updates and try to sell below the market price to get the house sold fast, you would still have to pay legal and real estate agent fees.
As we mentioned, many of the homes we purchase are inherited. Not only are we experienced in facilitating seamless real estate transactions, but we are also rated A+ with the Better Business Bureau. When you sell your house to us, you are working with a company you can trust.
To get a no risk, free quote regarding how to sell an inherited house from your friends at Elite Home Offer, either call us at 916-239-2274 or fill out our Free Offer Form. We promise to provide you with the best offer possible!
No Realtor Necessary!When you need to sell your home fast, hiring a realtor can be more trouble than its worth.Not only is it going to mean more work, more time wasted and more expense getting your house ready to show — that’s assuming it’s even possible to get the home show-ready — but there’s also the added hassle of continuing to work with the realtor.As anyone who has sold a home can tell you, having to leave the house at a moment’s notice for a showing is not a lot of fun.Then, what happens if the home struggles to get offers or even showings?It’s all too common to hear of realtors giving up on less-than-perfect homes (there’s a shrinking chance of earning a commission, after all), leaving homeowners to either take the property off the market or reduce the asking price.
This process can take months or years, something that most homeowners don’t have time to waste.And finally, if the home does sell, both parties’ realtors are going to take 6% for commission.
That is in addition to closing costs, title, mortgage insurance and other fees.In essence, it is like hiring someone to sell your home for 93% of it’s value.
And that is if it is in perfect condition.That being said, there are times when selling your house through a Realtor is the best thing.
However, there are other options available to the home seller who wants to sell their home fast and avoid paying closing costs, realtor commission and making repairs.Selling Your Home As-IsSelling your house without a realtor isn’t as difficult as it sounds.
In fact, you can do it without having to lift a finger.That’s right.
When it comes to selling the property, everyone wants to leave a good impression on buyers.
Everyone is looking for people with the consent of we buy houses tucson.
Before a buyer visits your house, you have to keep the property completely perfect.
The following details can help you gather data about major facts that may turn off buyers and become barriers to selling the house.Things To Take Care Of While Selling PropertyUnpleasant EnvironmentKeeping the house completely closed and uncleaned for a long time can become a reason for several issues, like – unpleasant environment.
The availability of an unpleasant environment may resist buyers to enter the house as well.
If your walls are not in good condition, such as – dull wall paint, missing paint in some areas, etc., then no one will invest in such property.Need RepairsAccording to some individuals spending money on repairs while selling a house is not a good or considerable thing.
