Posted On: August 20, 2007 by Rich

Sell Inherited Property

estate.gifWhen a loved on passes on, many times they leave the home they lived in to their relatives thinking that it will be a good investment for them. However many times the problems that come with the inherited property outweigh the benefits of ownership.

As people get older their income and physical ability to maintain their home decreases. As such roofs and gutters go years without being maintained or repaired, kitchens and baths don't get updated and the once well maintained landscaping starts to grow unchecked. When they are not made, these little problems can grow into large expensive ones that now become your responsibility once your loved one is gone.

Roof repairs, structural updates, new carpet, and interior remodeling can be a costly endeavor that many beneficiaries of property do not wish to make. However by not making these repairs the prospective pool of buyers is extremely limited. People looking for a home do not usually want to buy one that needs major repairs and there are also issues where their lender may not approve a mortgage for such a property.

We buy properties from estate beneficiaries and do not require they make any updates or repairs. Also, since we are cash buyers we do not run into the same issues with lender oversight on the properties we buy. We can close fast, usually within 7 to 10 days, and pay up to 85% of the property's appraised value.

If you have inherited a home and want to sell it today, contact us here.

Tags: Probate : Estate : Inherit :

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