If you inherited a property that you intend to sell, make sure you read this blog post all the way through to know the 3 things you can do in Murfreesboro to prepare your inherited house for the sale…
The passing of a loved one can be difficult time everyone. Inheriting a house might seem like a wonderful way for a loved one to pass something on you, but it can also be a burden. Houses take a lot of work to maintain, keep clean, not to mention taxes and insurance plus paying the mortgage if it”s not already paid for. If you’re thinking about possibly listing an inherited house with a local agent, or if you are still just exploring your options, here are 3 things you can do in Murfreesboro to prepare your inherited house for the sale.
1) Preserve The Memories
Perhaps one of the most important things to do is to save the memories for yourself. You have many mixed emotions about the property, all the good times and family memories. That can actually keep people from selling an inherited property. Instead, they just pay to hold onto the property but never really enjoy it. The best step here is to just understand that you are experiencing normal emotions about the memories and about the person who lived here. The house itself is just the structure.
So if you’re thinking of selling the house but want to preserve the memories, do something — take pictures, gather some of the furniture and photographs and other mementos that you will cherish. You’ll have a few things that represent your memories and you’ll still be able to sell the house and keep it from becoming a burden.
2) Properly Dispose Of Unwanted Items
Chances are that you inherited the house from someone who lived there for a while. When this happens, you’ll find out that most people will allow clutter to develop even though they may have had the best of intentions to dispose of these items. There are normally areas of the house that they didn’t use very much and over time it became a catch all storage spot. The best way to help your inherited house sell is to start by clearing the house out and clean it up thoroughly.
3) Address Deferred Maintenance Items
Lastly, you should consider having a professional home inspection to identify all the areas that may present a problem for retail buyers who need traditional bank financing to buy the property. Then contact several different contractors to give you an estimate on repairing the items called out in the home inspection. Depending on the age and overall condition of the property this list may be quite extensive but hopefully there are funds in the estate to cover such items.
Summary
When your loved one passed the house on to you, they did so because they wanted to give you this gift. But selling the inherited house may make the most sense, especially if there are costly repairs to be done or if you see the monthly expenses will soon become a burden.
If you are wondering how to avoid the repairs as well as removing all the unwanted items please call Provision Home LLC at 615-310-1909. We have been buying inherited properties in the middle Tennessee are since 2013. We buy houses as-is directly from the executor. There are no repairs that you have to deal with and no agent commissions that you have to pay. The only thing we ask is that you take the items that you or the other heirs choose to keep. We are well versed in the probate process and work closely with the estate attorney and title company. You can rest assured that everything is done correctly.