Case Study: Selling a 3rd Generation Inherited Home in Baldwin, New York

  • September 21, 2020
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After her cousin passed away, Mrs. Galvin inherited a home that had been in her family for 3 generations. Originally built by her Nanna in 1928, Mrs. Galvin was very attached to the home and neighborhood, having spent her youth growing up there. As a baby, the family converted the area under the stairs to a nursery for her, before she moved upstairs when she got older. Her family originally owned a large portion of the block which has since been sold off and has been developed into the homes the neighbors now live in.

The house hadn’t been updated much since it was built, and over the years the condition of the house had deteriorated. Having housed both tenants and family members over the decades, it needed a lot of work – new siding, roofing, windows, and furnace, in addition an overall updating of the entire space.

To complicate matters, she inherited this home with two sets of tenants that were paying below-market rent. The tenants were happy with the condition of the home for what they were paying, but Mrs. Galvin did not want to be a landlord, and more importantly, wanted to see the family home restored for a new family. 

We set up a time to see the house and made an offer during our appointment. Mrs. Galvin met with a handful of real estate investors and contacted us the next day to accept our offer. When we asked why she chose us, she said it was because she trusted that we’d keep our word and make it into a beautiful home once again. 

We promised to bring her back for a tour of the home after it was renovated so that she could see all the work that was done. We have done this a few times in the hundreds of properties we’ve flipped, but this time we had the forethought to capture her reaction on video. 

It really means a lot to us that Mrs. Galvin trusted us with such an important piece of her family’s history and her genuine excitement couldn’t have made our team any happier. This is why we do what we do.

Selling a 3rd Generation Inherited Home in Baldwin, New York