This is a guest post by our friends at Plan B HomeBuyers
Thinking about selling your inherited house? In this blog post, you’ll read about the 4 no stress tricks for preparing to sell an inherited property so you can sell it easily, with no hassle.
Selling a house can be frustrating, time-consuming, and even expensive…and if it’s an inherited house, it can be even worse!
But, there is an easier way. Learn from an industry professional what you can do to make selling your home after inheritance a lot more SIMPLE.
No Stress Step #1: Plan Ahead
Most people who sell a house just decide to sell without thinking through what that looks like. But, you do need to ask:
• Do you have a budget for the ongoing expenses and any repairs needed?
• What if repairs take a long time?
• What if the listing takes a long time?
• What contingencies do you have if the real estate agent can’t find a buyer?
It’s stressful if you have to decide these things as they come up but if you’ve already thought about them, you’ll eliminate a lot of stress.
No Stress Step #2: Be Informed
Do you know what the process is to sell? Do you know how long it will take? Do you know how much it will cost you? Is it even a good time to sell? Who is buying right now? Do some research ahead of time and ask these questions to get informed about selling.
The more information you have, the better. Local agents can provide you this information but may or may not have the knowledge with the probate or legal process to sell the house once you’ve inherited it, so make sure you know that too.
No Stress Step #3: Get Consensus
If multiple heirs own the inherited property, you’ll want to gather your research and then talk to each heir to get a consensus, if you can.
Nothing is worse than starting the listing process and trying to sell your property only to be stopped in your tracks by an heir who wants to go in a different direction with the property. Either way, though, you’ll still have to get everyone on the same page.
No Stress Step #4: Work With A Direct House Buyer
Actually, you can skip a lot of the legwork and hassle by selling directly to a house buyer. A house buying company is the simplest, fastest way to put cash in your pocket because they often buy houses fast, for cash, and in as-is condition… and are experts at dealing with any of the challenges with titles, liens, multiple heirs, etc. Depending on where you live, you can research direct home buyers like us Royce of Real Estate or other areas like “We Buy Houses Milwaukee”. An experienced real estate investor can help you sell the property by buying it directly, which can also be an enormous help if the property is in another state.
These 4 no stress tricks for preparing to sell an inherited property will help you finally deal with that inherited property without the hassle and stress!
Plan B HomeBuyers is a locally owned We Buy Houses Milwaukee company that helps homeowners in the greater Milwaukee area. They’ve been in the business for more than 10 years and you can find out more information at www.planbhomebuyers.com.
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