Paul Cooke - SELLING AN INHERITED HOUSE

over after all legitimate debts have been paid.

INVESTIGATE THE MARKE TE THE MARKET

Now you want to become familiar with the housing market. Examine and record 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, you may want to sell it to investors rather than mainstream buyers. Also, consult a good realtor and ask for a "Current Market Analysis" of your home. This is a free, no obligation service we offer folks considering selling their home.

TALK WITH BIDDERS AND MAKE THE SALE ERS AND MAKE THE SALE

The final step is to talk to possible 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 (unless unforeseen issues arise like repairs that need to take place). 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 dealing with the loss. Inheriting a house can be a bittersweet experience. Keep in mind that emotions run high and that can make it easier for disagreements. And when it comes to how to sell an inherited home and what it should sell for, this can be a hotbed for disagreement. In the moment this might seem like it's the most important thing, but it won't be a year or two down the road. Good relationships with family members can grow and even be birthed from this. Keep that which is most important as most important.

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