Thinking about selling your inherited house? In this blog post, you’ll read about the 4 no stress tricks for preparing to sell an inherited property in Dallas / Fort Worth so you can sell the property fast and without hassle.
Selling a house can be frustrating, time-consuming, and even quite expensive.
And if it happens to be a house you’ve inherited, it can be even more of a challenge!
So if you want to sell your inherited property without all the hassle, here are 4 no stress tricks for preparing to sell an inherited property in Dallas / Fort Worth…
No Stress Trick #1 Plan Ahead
Most people who sell a house just decide to sell without thinking through what the selling process is going to look like.
- Do you have a budget for the ongoing expenses like taxes, insurance, utilities, mortgage, etc?
- Are any repairs needed?
- What if contractors are hard to reach and repairs take a long time?
- What if it takes months to find the right buyer?
- What backup plan do you have if the real estate agent can’t find a buyer?
It’s stressful if you have to decide these things as they come up, but if you’ve already thought about them, it will help eliminate a lot of stress in the long run.
No Stress Trick #2 Be Informed
Do you know what the process is to sell a property? Do you know how long it could take? Do you know how much it’s going to cost you? Is it even a good time to sell? Who is buying right now and what are they looking for in a property? Are you familiar with the area that the property is in? Is it a desirable area for every buyer or are you going to have to try to capture a specific type of buyer?
It’s smart to do some research ahead of time and ask these questions to get informed about selling before you sell the house. It really is true that the more information you have, the better.
No Stress Trick #3 Get Consensus
If multiple heirs own the inherited property, you’ll want to gather your research and then talk to each heir in order to make sure that you’re all on the same page.
Nothing is worse than starting the listing process and trying to sell your property only to be stopped in your tracks by an heir who wants to go in a totally different direction with the property. So if there are multiple people involved, you’ll definitely want to have those kinds of conversations ahead of time to save everyone time and grief.
No Stress Trick #4 Work With A House Buyer
Actually, you can skip a lot of the legwork and hassle by selling directly to a local house buyer that pays cash. A house buying company (like what we do here at Madison Lea Homes) is the simplest, fastest way to put cash in your pocket because they often buy houses fast (usually in as little as 7 days), for cash, and in as-is condition (no repairs needed)… and are experts at dealing with any of the challenges with titles, liens, multiple heirs, probate, etc. We buy inherited properties often and are very familiar with the whole process.
So one call to a company like ours is really the best no-stress trick…except there’s no trick involved. It’s straightforward, simple, and stress free.
Summary
These 4 no stress tricks for preparing to sell an inherited property in Dallas / Fort Worth will help you finally deal with that inherited property without the hassle and stress! If you’d like to chat with us about your options and see what option might be best for your particular situation, give us a call. We’d love to chat with you and see what we can do to help you!