Sell an Inherited House on Long Island
How To Sell An Inherited House On Long Island
If you recently received a home through inheritance either individually or as part of a group of heirs, a quick cash sale might be a great option for you. Even if you can find a traditional buyer relatively quickly, trying to sell an inherited house to a traditional buyer often proves to be very costly due to associated repairs, inspections, and holding costs adding up to thousands of dollars. It’s not at all uncommon for those who inherit a home to lack the finances to handle such repairs- and if multiple decision makers are involved, the negotiation process with a prospective buyer can be a nightmare. When each decision has to be made by a defacto committee, it can be frustrating for all parties involved and it can significantly prolong the process.
The house cannot be offered for sale during the probate process. The executor must receive permission from the court before they can do anything. Once the court rules the will valid and names the executor, the next job is to provide an inventory of assets and debts, notify the parties and creditors listed, and take care of having the home maintained.
Splitting the family home is never an easy process. Probate, taxes, and maintenance of the estate are just a few of the issues that tend to cause angst and friction between family members during this stressful time. One of the heirs might even decide they want to move into the house and offer to pay off the others to relinquish their claim to the deed- but there’s a good chance the other heirs will not agree on the price. These situations can get ugly quickly.
I Need Help Selling My Inherited House
Are you currently handling an estate in probate? Do you want to sell an inherited house? We have years of experience helping people cash out their inherited properties. We understand that dealing with the death of a loved one can be difficult, and the last thing you want to worry about is how to handle a house or other real estate that you have inherited. We are able to pay cash, purchase directly from you (no realtor fees), and can close in as little as 5 days or at the date of your choosing. If you choose to sell to Leave The Key Homebuyers, you will be able to avoid costly repairs and save the expenses of selling through a real estate agent.
We are well-funded cash buyers (we don’t need to bank loans or mortgage contingencies), so we can buy your home quickly. We’ll restore the house to like new condition, which also benefits the neighbors and the surrounding area. We have helped many sellers out of similar situations because we are experts at setting up win-win transactions for all parties involved.
Call us at (631) 388-7771 or fill out our online form today for a confidential, no obligation consultation.
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