How To Sell An Inherited Property
If you’re thinking “I want to sell my house that I inherited but I don’t know where to start”, don’t worry, you’re not alone. Often times when a family member passes away the home is inherited to a family member or group of family members with the help of a probate lawyer. There are probate lawyers that can help you with the probate process which will enable you to sell the property.
If you are not real estate savvy it may be overwhelming to think where to start when trying to sell the property. This is why it’s recommended to find a probate real estate company to make the process easier while you’re dealing with personal loss and grief.
If the home is in need of repairs and updated you’ll more than likely want to sell the home in AS-IS condition which will be a much easier sell then trying to pay for all the needed repairs and updates. Not only do you want to make the process as easy as possible you’ll want to maximize the return you get on the house. If you’ve been thinking that “I want to sell my house that I recently inherited“, below are 5 ways to get the property closed as soon as possible with the highest sales price.
1. Exterior Clean Up. If the home has not been maintained in a while you’ll want to get the grass cut and clean up the landscaping and rest of yard. A good power washing will go a long way here as well.
2. Interior Clean Up. If possible get rid of everything in the house and hire a cleaning crew to do a deep cleaning of the house. Even if the home needs updating you’ll want it to be presentable when showing it to potential buyers.
3. Get An Appraisal. If you do not have market knowledge of what homes are going for in the area then you may want to hire the services of a professional real estate appraisal company. An appraiser will give you an idea of what an AS-IS home in the area should sell for.
4. Hire a Real Estate Agent. A real estate agent will be able to get you the most money for your property. A good home selling agent will have market knowledge in your area and will give you solid list price that will get the home sold fast at a fair price. You should also consider hiring an assessor to provide you an expert witness property valuation reports for family law court.
5. Take Professional Pictures. This will go a long way so don’t go cheap here. Professional pictures will give your home a much more presentable look that will get potential buyers through the door.