Inherited homes can be a double-edged sword. When you inherit a home, you may have to immediately take on taxes, a mortgage, repairs, etc. And if the property is left to multiple heirs, you’ll have to go through probate, and this can elongate and complicate things. Here are a few reasons why you should sell an inherited house to cash home buyers in Central Florida:
1. You Can Save Money:
Selling the house immediately after inheriting it can help you avoid capital gains tax. If you sell the house later, you’ll have to pay tax on how much the home has increased in value since you took over. As cash home buyers in Central Florida, we buy homes as is, meaning you don’t have to make any repairs before selling the house, so you won’t have to worry about increasing its value and paying taxes because of this.
Of course, there’s another option as well. You could move into the property to make it your primary residence and then sell it after two years. But this isn’t always feasible, especially if you live in another city.
2. You Can Sell The House Quickly:
We are direct home buyers. We’re unlike conventional buyers in that we do not depend on lender financing. We don’t have to wait for home inspection reports or valuation reports to make an offer. Once you accept our offer, we’ll get the process in motion and take care of everything, including closing formalities. And we’ll settle immediately on closing. The entire process, from start to finish, takes less than 15 days. We’ve even closed homes in just three days.
Our solutions are ideal for individuals who live in another city or state and need to sell an inherited home as quickly as possible.
3. You Can Sell The House As Is:
This is an important factor to consider when selling an inherited home. We buy homes in Central Florida as is, meaning you can leave junk behind if you want. Moreover, you won’t need to repair, renovation, or clean—we’ll do all of that after buying the house.
Inherited homes are often full of unwanted things that have accumulated over the years. And sorting things out can be both overwhelming and time-consuming. You don’t have to hire real estate agents or pay for home staging. We’ll take care of the junk that’s left behind so you can move on with your life.
Do you need to sell your house the easy way? Call us to get an offer in less than 24 hours!