Inheriting a home in the Boston area sounds like a blessing to most people. However, it can become more of a burden, especially if you have no intention to live in or rent that home. Regular home repairs, maintenance, clean-out and other things can cost a lump sum of money, which most people cannot afford. The result? Your beloved childhood home falling into disarray!
However, we’ve rounded up some tips on how to sell fast your suddenly inherited Boston home:
Do Minor Repairs and Renovation
Doing some minor repairs always helps selling a house fast. It increases the curb appeal, makes the house look updated, and thereby attracts potential buyers. You can opt for small updates and repairs like cleaning the house from top to bottom, re-painting the walls, updating the kitchen hardware, rearranging the furniture, etc. These small changes will bring big impact on the appearance of the house.
Put a Reasonable Price Tag
We know your inherited home is invaluable as it shares many memories from your childhood and teenage days. But, you have to be realistic about pricing the property because people won’t pay for your emotional attachments. So, don’t ask for a selling price that will put off prospective buyers. Estimate the price reasonably based on the current condition and take the help of a real estate professional if needed.
Hire a Real Estate Agent
It may be advisable for you to sell the home through traditional means and hire a real estate agent after doing all the primary repairs and updates. The agent will list the home for sale and try to sell as quickly as possible. Undoubtedly, the agent will try to seal the best possible deal for you but the selling can take a long time. In addition, they also tend to charge high fees, which can be as much as 5% of the sale price.
Sell to a Property Buying Company
It is true that refurbishing an inherited home and then renting or selling it through a real estate agent is a huge task that demands lots of time, patience and commitment. Lots of people find the obligations just a burden and want to be freed by selling the home as soon as possible.
In that case, requesting a cash quote from Beantown Property Group is your best option. The sale can be completed in days, not months, and we pay cash for the sale. You need not to be worried even if your home is in poor condition, deteriorating or is “underwater” (that is, it’s worth less than is owed on it). We will tackle everything from unpaid mortgage to past-due taxes and renovation nightmares! Because we are cash buyers, the sale will happen much faster than most other traditional real estate sales.
The purpose of Beantown Property Group is to provide assistance to people just like you, people who have just inherited a Boston area home. To learn more about your options and rights as the owner of an inherited home, please contact Beantown Property Group today. We can help you make the decision that is best for you, your family, and your community.