You Inherited Real Estate – What to do?

You were on good terms with your family, and regarded as a responsible person, as a result you inherited real estate from a beloved family member.  Be it your Mother, Father, Grandmother, Grandfather, Aunt, Uncle, Brother, Sister, there is emotional attachment to this home.  I know, I have been through this process.

You don’t want to think about dismantling the house you grew up in, yet you must sell the furniture, jewelry, appliances, china, you name it, it all has to go so that you could empty out the home and prepare for a potential buyer.  At times like this, all you can think of is a quick sale of this inherited home, yet you don’t want to deal with someone with dollar $$ signs in their eyes, you would much prefer someone who empathizes with your situation as well as someone who can help you sell this property quickly!

This is where dealing with an investor vs. a realtor can expedite this situation.  The home, whether you want to admit it or not is in disrepair – you are thinking on top of being in an overwhelming state of grief, that in order to sell your family home, you will need to perform a major renovation… No! That is not necessary.

A Real Estate Investor will pay cash for your Inherited Real Estate, making this a quick sale (generally in less than 90 days), avoiding paying commissions, closing fees and they will purchase your property in as is condition.  The burden has been lifted!  You will not need to buy stock in a home-improvement company to purchase countless upgrades to your family home, instead, you pick up the phone, dial an investor who is looking for fixer-uppers, and homes in as is condition.

The only thing you need to do is take the items you wish to keep out of the house, or pass them down to other family members.  A good investor will help you through this process. They are professional, have their financing lined up to pay you a fair price that is agreed to and documented via an assignment of sale and purchase and sale agreement. You are happy because you don’t have to spend more time in this sad situation, making it easier to move on from this stressful circumstance.

Now you have learned you have the option to sell your home to an investor, which is extremely comforting to you.  This will be a quick sale, you’ve agreed to a sensible, fair price, the only step left to do is sign paperwork, then you can move on with your life.  You will be paid a check at closing, so that you can distribute the proceeds to your family members who are entitled to a piece of this inherited real estate sale.  Whatever you leave in the home, that no one wanted, is up to the investor to sell or discard, removing you from this extremely stressful situation. An investor, who would have thought, who would have known this option existed?  The good news is you sold your inherited real estate at a fair price, and quickly!  Thank goodness for investors!