Carrie Thompson - HOW TO NAVIGATE YOUR INHERITED HOME SALE

the listing and selling prices for comparable homes in the same neighborhood as the inherited property. If you want to sell your home quickly, list the property below the market price. If your home is in poor condition, try to sell it to investors rather than mainstream buyers.

TALK WITH BIDDERS AND MAKE THE SALE

The final step is to talk to possible real estate buyers. To sell a property quickly, be flexible with the sale price. However, having said that, you should have a set minimum sale price for the house from which you do not deviate. Emotions run higher when it comes to selling real estate that was included as part of an inheritance. You need to be carefully advised about the worth of liquidating your loved one’s assets as a way of putting the death behind you. Inheriting a house can be a bittersweet experience. We may be mourning the loved one who has passed away, and in addition we start mourning our sanity in the midst of family fights. Many disagreements can come up on the topic of how to sell a house. Families have broken up over this issue, creating rifts that do not heal for years, if at all. It seems that everybody has an opinion. These days, economic times are stressful enough without adding more stress. However, when a house must be sold after a death, the process can generate even more stress for everyone in this difficult time. At the risk of sounding morbid, the best time to think about how to sell a house is before it becomes necessary to do so. Although it’s not pleasant to think about, considering your sale long before you inherit a house can set the course to move forward whenever the time arrives.

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