Often, homeowners will their house to beloved family or friends with the best intentions. But, while it may seem like a windfall when you find out that someone has inherited property, the realities are not always so wonderful. It can be beneficial to understand the problems that could arise on the path before you, so read on as we explore five downfalls of inheriting a house in Moreno Valley.
Distance
If you live across the country, distance can cause issues when you’re inheriting a house in Moreno Valley, especially if other beneficiaries are involved. It is helpful to set out a clear communication plan; with today’s technology and a little forethought, the process can be relatively simple. Working with a highly reliable local representative, such as a professional investor from Stars and Stripes Real Estate, can provide you with the assistance you need to take care of business, no matter where in the world you are located. The pros at Stars and Stripes Real Estate live and work here in Moreno Valley and have a vast network of reliable local industry contacts for any need that arises.
Unified Decisions
Several people are often listed together on the will, and inheriting a house in Moreno Valley can become highly complicated if you cannot agree on the steps to take with the property. Working with an experienced professional investor like those at Stars and Stripes Real Estate will provide the guidance you need to get everyone on the same page. First, each of your options will be detailed in full so that you’ll have a clear picture of the costs to retain the property during the months that a traditional listing may take what you would earn from a sale through a traditional listing. Next, we will lay out all of the numbers should you decide to sell directly to Stars and Stripes Real Estate and make you a cash offer, which you’ll agree is fair, especially considering that you won’t be paying commissions.
Clean Out
Once you’ve made the difficult decision to let go of your loved ones’ things, you might not know where to start. We’re here to help!
We can come out and take charge of the clutter for you; we’ll sort through items, sell what’s valuable, donate what’s sentimental, and throw away everything else. All you have to do is tell us how much space you want us to use for storage until the property sells.
Afterward, if there are any items that you wish to keep (as long as they are still in good condition), let us know. We will put them into storage at no extra cost until you need them or decide that it’s time for them to go too! No additional fees mean more money in your pocket. It takes the hassle out of cleaning and lets you focus on things that really matter while we take care of all the dirty work for you!
Expensive
Inheriting a house in Moreno Valley means inheriting the monthly bills and responsibility for repairs and maintenance, along with any debt legally attached to the property. Unfortunately, few properties come to their beneficiaries in perfect condition. Often the home has fallen into severe disrepair, and overgrowth is now threatening the structure. Should you find yourself in a similar position, you should know that when you make a direct sale to a company like Stars and Stripes Real Estate, our professional investors buy houses as-is, taking all of the risks of repairs onto our shoulders.
Time
In many cases, financial obligations that accompany the property when inheriting a house in Moreno Valley require a fast sale. Cash buyers often try to use this to their advantage, making insultingly low offers. However, you won’t be taken advantage of when working with a professional investor from Stars and Stripes Real Estate. Our offer comes with a guaranteed closing date without any pressure. At Stars and Stripes Real Estate, we have the flexibility to set the closing date around your schedule to make the sale as convenient as possible for you.
Are you inheriting a house in Moreno Valley and unsure about the next step? At Stars and Stripes Real Estate, we will answer any questions or concerns to help you reach a consensus on an educated decision, with no obligation. Contact Stars and Stripes Real Estate today at (844) 932-8943 to learn more.