Flip that house. Flipping homes has become a more common way to turn a profit. With inherited homes, half of the battle is already won.
How to Sell My House Fast
One way is to get a real estate agent. In this do-it-yourself, hyper-digital age, seeking out and using a real, live realtor still has benefits.
89% of home sellers have a real estate agent. In general, home listings represented by agents sell for more.
A realtor helps the seller make house repairs and preparations. They also help to accurately price the home, arrange home stagings, and advertise the listing. A realtor will negotiate with the buyer and handle closing paperwork.
Moreover, a realtor is an informed advocate who stops mistakes and manages delays. They will prevent you from making mistakes during escrow and advise you on which offer to choose.
Another option is working with a house buying company. This isn’t the most lucrative route to take, but it’s efficient.
Cash house buyers don’t care as much about a house’s condition. They will buy it and prepare it to rent or buy it to get it ready to sell. They don’t look at your house the way a retail buyer would.
A house buying company will lower the price to account for fix-up costs and their desired profit. If the title company doesn’t have to wait for a loan payoff and the house doesn’t have a mortgage, then the sale can go through in 7-10 days.
There’s no need to keep your house in good condition or prepare it for sale.
You have even more options to sell your inherited house.
You can do it all by yourself via for sale by owner (FSBO). In this situation, you’d have to first research how much similar properties sell for to get an idea of the fair market value of your home.
Then you can check out Trulia, Zillow, and Realtor to list your home for free on those sites. You’d have to take some professional photos for your listing.
FSBO selling saves thousands of dollars on realtor commissions. Both your agent and the seller’s agent each make 3% of the sale price. However, you could end up paying for loan costs, repairs, and other expenses, too.
Selling an Inheritance
Selling an inherited house is, in some sense, selling off your inheritance. You sell what you’ve been blessed with. While you part with what’s rightfully yours, of course you receive a boatload of money in return.
“How do I sell my house fast?” Even for someone selling a house that’s not inherited, that’s been a popular question this year as many homeowners have moved.
Get a cash offer on your house today.
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