First, we’re so sorry for your loss. This can be a very challenging time for many reasons, and dealing with property ownership is tough at the best of times.
You’re thinking, “I inherited a house, what to do with this house?” Should I rent it? Should I sell it? How should I sell it?
Tons of options open for you, but…
… we can help.
We’re seasoned investors in Warner Robins and Macon real estate, and we’re looking to buy several houses each month in the Warner Robins and Macon Georgia area. Every month we get calls from those who have inherited a house and are looking to sell the house… so the info below are some tips to help you navigate the process.
I Inherited A House, What To Do Next?
1) Make sure the mortgage is paid.
This may sound obvious, but if the person who left you a property also had a mortgage (unless it had no mortgage and was paid off, which is great!), you have to pay it (assuming you want to keep the property). Some banks will allow you to assume the loan, while others may force you to refinance into a new loan. If you don’t qualify for a new loan, renting may not be an option for you.
2) The investment is only as good as the manager.
3) Property ownership costs money.
It’s rare to see a building that’s been perfectly maintained. Most inherited houses need major improvements.
Consider hiring a professional property inspector to give you a detailed rundown on what you’ll need to do within the next five years, along with estimated costs. Surprises are very, very expensive.
4) Selling a property for top dollar costs money.
If you don’t want to deal with making repairs, updating kitchens, improving landscaping and overall cleanup, don’t worry. We buy Warner Robins and Macon houses for cash, as-is.
5) If the market will continue to grow faster than your other options, hang on to the investment.
6) Uncle Sam wants a piece of the action.
7) Consider all your options..
8) Compare a few scenarios.
Just call us today at 478-207-7977 or contact us now for more information
on how we can make you a fair cash offer on your inherited house today!
Get More Info On Options To Sell Your Home...
Selling a property in today’s market can be confusing. Connect with us or submit your info below and we’ll help guide you through your options.