Due to the immense sadness they experience after the death of a loved one, it can be difficult for family members to move ahead and make critical decisions such as selling a house. If a parent’s home was not properly maintained, it might be in bad shape and slide deeper into ruin. According to the article, selling a parent’s house can be a relatively painless process when siblings have emotional attachments to the family home. With proper planning, however, selling a parent’s house can be a relatively painless process when siblings have emotional attachments to the family home.
Make certain your parents have a will in place. Many Americans do not believe this. According to a poll conducted by Caring.com, just 42% of American people have a will or other estate planning papers. The residence might be mentioned in the will, and it could also be needed to go through the probate procedure.
First, make sure the property is safe by changing the locks as quickly as feasible. It can be much more difficult to get an heir (or someone who feels they are or should be an heir) to leave once they begin to move in.
Expect to spend money on the house as well, since there may be fees connected with doing any long-overdue repairs and maintaining it. Make a point of keeping all receipts and estimations.
Have a real estate professional do a competitive market study on the property to determine its true value.
Consider getting an appraisal from a professional appraiser as well. Do not hire a friend or family member to avoid any allegations of impropriety. This should be just a commercial transaction.
If you want to save time, money, realtor commissions, home improvement costs then consider selling the home to a cash home buyer. At Tony Buys Homes we buy homes that were a result of the death of a loved one in the Chicagoland area. We take the hassle out of getting the home prepared to sell on the market along with no realtor commissions. We simply buy your deceased loved one’s house with cash. Call us to learn more!
My wife Tiffany and I operate Tony Buys Homes, & are a family business. We love our local community & want to help improve it by improving the homes we purchase. We are not just a wholesaler, we purchase & keep the homes we buy, unlike competitors who are looking to only reassign your home for a profit. We pride ourselves in getting you the highest cash offer possible!
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