If you have recently inherited a house, then you may feel a bit stressed and overwhelmed. From having to clean up the property, dealing with probate and legal issues, and trying to find a buyer, you have got a lot going on.
If you don’t know where to start when trying to sell your inherited property, then the information here is going to be beneficial. Here are some tips to help you with this process.
Work with the Professionals
The process of selling an inherited house is stressful and you may find it is difficult to figure out where to begin. This is especially the case for an inherited house that comes with additional legal “hoops.”
If you want to make the process easier on yourself, then you need to find a team of professionals who can help you along the way. Using the services of a real estate agent, lawyer and tax specialist can help you with all the legal issues you may be facing.
Have the House Appraised
Once you have your team created, you should figure out the worth of the house. While a real estate agent may be able to provide you with an estimate, it is best to hire an unbiased appraiser. Don’t wait too long to seek this appraisal as the real estate market changes almost daily.
Consider External and Internal Improvements
If you want to get more than what the house was appraised for, then you will need to consider making improvements on both the outside and the inside of the property. You can make simple changes, such as paint and landscaping, which will increase the curb appeal.
Also, remember the staging inside can make a huge difference when you are trying to sell an inherited house. If you are unsure of how to make it appealing, hire a professional.
Keep the Property Secure
While you are waiting for your inherited property to sell, you should make sure it remains as secure as possible. If the home remains empty, it is inviting vandalism and break-ins. Some of the things you can do to help secure the house include:
- Pulling the blinds down at night
- Investing in strong locks
- Installing motion-activated lights
- Park a vehicle in the driveway
If you are in a hurry to sell an inherited property and want to avoid the hassle and process of a traditional sale with a real estate agent, there may be another option to consider. There are countless cash for houses buyers who will be able to take the home off your hands, as-is. This means you don’t have to worry about making repairs, or any of the other issues mentioned above. Many people have found this is a preferable solution for their inherited home situation.