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 in San Antonio so you can sell it easily, with no hassle.
Selling a house can be frustrating, time-consuming, and even expensive. This can become an even more difficult process when you are selling an inherited property.
An inherited house can often come with additional emotional stress because a loved one has passed on. There are things that you can do to help minimize the stress and get your inherited property sold.
So if you want to sell your inherited property without all the hassle, here are 4 no stress tricks for preparing to sell an inherited property in San Antonio…
No Stress Trick #1 Plan Ahead
Most people who sell a house just decide to sell without thinking through what that looks like.
- Do you have a budget for the ongoing expenses and any repairs needed?
- Who will be financially responsible for the out-of-pocket costs while you are waiting to sell?
- 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 Trick #2 Be Informed
Do you know what the process is to sell? Do you know how long it usually takes to sell a house with a realtor? Do you know how fast you can sell the house to a Cash Home Buyer?
Do you know how much closing costs will be? 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.
Is there a Mortgage owed on the inherited property? Are there any back taxes?
Also, consider planing out the pros and cons of selling the house As-Is vs. making the necessary repairs and updates and trying to sell it after.
The more information you have, the better.
No Stress Trick #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.
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.
Sometimes you need all the heirs to be in agreement and sometimes you can sell the property without a consensus. Whether or not you have to complete the probate process can vary from house to house..but it almost always goes smoother if you are able to get everyone on the same page prior to the sale.
No Stress Trick #4 Work With A House Buyer
Actually, you can skip a lot of the legwork and hassle by selling directly to a cash house buyer. A house buying company (like what we do here at Sell My San Antonio House) 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.
Two Things To Think About:
- Is it easier to skip the repairs, sell it faster, and save your time to sell it directly to a cash buyer (Lots of times you end up with just about the same amount in the end…)
- Find a cash buyer with experience! This is not the time to work with some new investor who says he can buy your inherited property.
One call to a company like ours might be the best no-stress trick! We have years of experience buying inherited properties and have delt with almost every situation that can come up! We even wrote this short guide for selling your inherited house in San Antonio.
Summary
These 4 no stress tricks for preparing to sell an inherited property in San Antonio will help you deal with your inherited property without the hassle and stress!
If you think that we can help in any way, please do not hesitate to contact us!