Jeanette DiLuco CPRES - A GUIDE TO NAVIGATING YOUR INHERITED HOME SALE

CONS

• The one con is what you are going to receive for your house. Investors profit from reselling the property. For them to succeed in this, they will always try to buy the house for the lowest price possible. You can almost be certain that an investor’s offer will be less than the actual value of the house. There is almost no chance you’ll get full value for your home in this situation. • It’s not suggested to sell to an investor unless you are in a dire situation.

FOR SALE BY OWNER

There is a reason that one of the best sources for “pulling leads” for real estate agents and brokers is FSBO (For Sale by Owner) listings. After a home seller has attempted the enormous and complicated task of selling a home, they are fertile ground for hiring a real estate agent. The most unreliable and riskiest house-selling on this short list is For Sale by Owner, meaning that you sell your inherited property by yourself without the help of real estate agents, lawyers, or other professionals. This means that you won’t be hiring a licensed real estate agent, which, in most cases, proves to be a mistake. People want to save money on commission and fees, so they take this step into the unknown. Such an action is tantamount to representing yourself in court on a complex business case. Professionals in a field exist for a reason and a purpose. If they were useless, people would stop hiring them. However, if you decide to sell yourself, there are certain preparations that need to be made. First, try to focus on web 49

Powered by