Have you recently inherited a home from a friend or loved one? Deciding whether to sell or keep the home may be a difficult decision, as selling the home through a real estate company can be both expensive and time-consuming. If you want to get rid of an inherited home fast, your best option may be to sell to cash home buyers. Below are some great reasons to sell your inherited home for cash.
Save Money
Selling your inherited home through a realtor may end up costing you money. Potential costs may include home inspection, listing costs, and potential repairs to the property. Selling your home through cash home buyers will save you both money and time because you can sell the home as-is without any additional expenses.
No Need For Renovation or Repairs
Find yourself suddenly in the possession of an inherited home that may need repairs, or is considered a fixer-upper? Selling to home buyers for cash helps you sell the property fast without any need for repairs or renovations. While a realtor may insist on certain improvements or upgrades before listing your home, cash home buyers will take your property as-is, in the condition in which you inherited it.
Sell for the Full Amount
If you sell your inherited home through a realtor, there are additional costs and fees, including commission. By selling your home to cash home buyers, you receive the entirety of the amount paid. No need to worry about any post-sale hidden fees or commissions.
Quick and Easy
Selling your inherited home for cash is not only easier and more cost-effective, but it allows you to sell the property faster. Selling through a real estate agent generally takes longer due to listing, showing to potential buyers, and waiting for the closing date. By selling without a realtor, the process is substantially shorter, and may even be completed within a week or two.
Still not sure whether you should sell your inherited home for cash? Then consider the cost of keeping an unwanted home while deciding on renovations, realtors, or property value. Approximately one out of every 200 homes will be foreclosed upon; do not risk having your inherited home enter into foreclosure because you cannot afford it. Sell fast to cash home buyers to guarantee you get the best deal on your inherited home.