Thinking about selling your inherited house? Read about 4 no stress tricks for preparing to sell an inherited property in Fairfax so you can sell it easily and quickly.
Selling a house can be frustrating, time-consuming, and expensive.
If it’s an inherited house, it can be even worse!
So if you want to sell your inherited property without the hassle, here are 4 no stress tricks for preparing to sell an inherited property in Fairfax.
No Stress Trick #1: Plan Ahead
Most people who sell a house don’t thinking through what’s involved. Here are a few things to consider:
- Do you have a budget for the ongoing expenses and the needed repairs? If you’re planning on having repairs done and listing it, probably allow 6-8 months until it’s sold.
- What if repairs take a long time? (Contractors and maintenance folks have been known not to show up when scheduled!) Experienced rehabbers with their own crews allow 1-2 weeks for every $10,000 in expenses. You should allow about double that.
- What if the listing takes a long time to sell?
- What will you do if the real estate agent can’t find a buyer? What’s your “Plan B”?
It’s stressful if you have to decide these things as they come up. Preparing to sell an inherited property is easier if you’ve already gone through the steps above.
No Stress Trick #2: Be Informed
Do you know the process to sell? How long it will take? How much it will cost? Have you gotten estimates for the new windows, the kitchen and baths, painting, flooring, landscaping, electrical, plumbing, and more? Is now even a good time to sell? Who is buying right now? Do some research today. Ask these questions when preparing to sell an inherited property.
The more information you have, the better.
No Stress Trick #3: Get Consensus
Much of the focus in preparing to sell an inherited property involves dollars and cents. But there’s also an emotional factor. If multiple heirs own the inherited property, you’ll want to do your research and then talk to each heir to get agreement.
Nothing is worse than starting the listing process only to be stopped by an heir who wants to go in a different direction with the property. (Often, it’s the one who wants to hold onto the property while everyone else wants to sell.)
No Stress Trick #4: Work With A House Buyer
This is the alternative to the 3 “tricks” above. You can skip most of the legwork and hassle by selling directly to a professional house buyer. You should do your own due diligence, of course, but it’s easier to verify someone else’s claims and and statements than to do all the original research yourself. A professional house buying company (which is what we are at Solutions 3D LLC) is the simplest, fastest way to sell your inherited property. Why? Because they buy houses fast, for cash, and in as-is condition. Plus, they’re experts at dealing with the challenges with titles, liens, multiple heirs, etc.
So calling a company like ours (frankly, why not make it our company?) is the best no-stress trick! It really makes preparing to sell an inherited property a lot easier.
These 4 no stress tricks for preparing to sell an inherited property in Fairfax will help you deal with that inherited property without the hassle and stress!