Selling Your House After a Death in the Family
There are many reasons you may need to sell your home, and selling a house after a death in the family is one of the most unfortunate.
Whether you’re selling the house after the death of a spouse, selling your deceased parents’ house, or selling the house to move closer to the rest of your family, it’s never easy.
Regardless of why you’re selling your property after a death, there are ways to sell your home quickly and easily so you can move on with your life.
Consider Your Timeframe
If you need to sell the home as quickly as possible, one option is to sell your home for cash to a home investment company, such as STL Real Estate. If you go this route, you’ll first talk to a licensed real estate agent about your situation and why you’re selling the home.
Then the agent will walk through your house and take note of its condition, and you’ll receive a cash offer in as little as 24 hours. If you choose to accept the offer, you’ll have the home off your hands in just a few days. And if you choose not to accept, a real estate agent can help you put your home on the market to try to help you get a better price.
Decide Whether to Do Repairs
If you choose to list your home on the market the traditional way, one thing you’ll have to consider is whether you want to do repairs on the home or sell it as is.
Even the nicest homes need an upgrade or two before being put on the market, such as a fresh coat of paint or a kitchen remodel. If you want to earn the most money possible for your home, it may be worthwhile to renovate the house before putting it on the market.
If you’re in a hurry to sell or don’t have the budget for renovations, however, you can always sell the home as is. Depending on the current condition of the home, though, you may need to lower the price if it’s considered a “fixer upper.”
Potential Legal Issues
Depending on who originally owned the house and why you’re selling it, there could be potential legal problems that arise when selling.
If you inherited a house after a death, you may be dealing with problems involving the house’s title, other heirs, or probate issues. You may also be trying to sell the house from out of state, which can prove to be a challenge.
The right real estate agent can help you through all of these problems, regardless of whether you want to list your home on the market or sell it for cash.
Which Option Is Right for You?
When it comes to deciding which option is right for you, it depends largely on your personal situation and preferences. Are you looking to sell the home as quickly as possible? Then selling for cash is a great solution. Would you rather wait a little longer and get the highest offer possible? In that case, renovating the home and listing it may be better.
Call STL Real Estate NOW for a cash offer on the home of your loved one.