How to sell an inherited house fast? Do you sell it, rent it, or move in? Dolfin RGV We buy houses fast any condition. We can help you sell your McAllen inherited house fast. We work in McALlen, Edinburg, Mission, Hidalgo, Donna, Weslaco, Pharr, San Juan, Alamo and other cities around the RGV.
Have you inherited a house and are wondering what your options are? Do you need to sell your house fast or you want to move in? Have you considered the implications of selling your house fast with your siblings and family members? Well, these are some things to analyze before taking that very important decision about your inherited house.
Basically, during that stressful and difficult time, you’re going to have to deal with three options. The first one is to move in. Second one will be to rent it out. And the third one is to sell the property.
Let’s talk about moving in. If the house is in a really good condition, great location, or brings your beautiful memories from your childhood you can consider moving into the house. If you are going to pay less than our current monthly payments or you live in an apartment with less desirable location, you should strongly consider moving to the inherited house. You just need to remember that homeownership implies costs. You will need time and money for any repairs and maintenance. You have to pay utilities, insurance, pay property taxes, and you need to keep the house nice and updated (in some neighborhoods just the Homeowners Association Fees can be a burden). Sometimes the house is not in a very good condition and you need to decide how much it is going to cost you to bring it up to date so you can move in. If there is still a mortgage, make sure you can afford making the payments. If there is no mortgage, well, you just check if you can afford homeownership. And then if it’s a yes, go ahead and you can move into the inherited house. If being around the house brings you sadness or you just are not interested in keeping the property, keep on reading.
The second option is to rent the house out. Some people have great personality and have lots of time to be landlords. Just remember being a landlord is a full time job; it is going to imply fixing many things all the time. Believe me, you’re going to get those phone calls late at night or on weekends when the bathroom needs to be fixed or something happened with the toilet and you have to go and fix it right away. Or the neighbors complain about a late night party your tenants hosted. Air condition in the valley is always a problem, especially in the summer, so be ready to be paying for new air conditioning units all the time. Well, you can also use a management company, but that’s going to cost you more, so you need to think what’s best. During the COVID times sometimes it’s not the best to rent our properties, but it’s up to you what you decid
The third option is going to be to sell the property. If the property is really nice and it hardly needs any work you can sell it yourself, and no problem, you can sell it pretty fast on your own. Just check all the paperwork and make sure it is up to code; disclosures are important when selling your property. If the house needs work, if needs to be upgraded with plumbing, with electricity, if it has a lot of things you will need, you’re going to have to deal with repairs. There’s lots of repairs to be done if you want to use a realtor. A realtor is going to want the house in nice conditions, so you can be ready for showings. Buyers don’t want to see cottage cheese ceilings, nore carpet or rotten sidings. Curb appeal is crucial to attract people into the house. You need to be cleaning the house all the time for the potential buyers when they want to come. You may have to limit visits due to safety reasons, require face masks, or booties which makes showings uncomfortable and you may have to desinfect your house after every showing. With all the hassle you still won’t realy know how fast it’s going to sell. You don’t know if the buyers are going to qualify for mortgage, you’re going to have to pass inspections, and sometimes there’re issues with the mortgage that come up after a month waiting for closing. So it can take really long time and sometimes you thought you were going to close at one day and then something happens and you have to start all over. So if you have the time and you’re wanting to do repairs and also pay the commission to the real estate agent, you can use that option. If not, there is another option, sell to a local investor.
You may consider using a direct home buyer, such as Dolfin RGV. We buy houses directly, we buy houses in any condition as they are, any location and we will give you a cash offer for your house fast. We consider already what repairs have to be done so you don’t have to do them, we will do them later. Our goal is to help homeowners provide unique solutions to their real estate needs. And we will give you a fair cash offer and fast, whenever you are ready to close, we are ready. Feel free to reach out and we will listen to your problem and try to help. We are a small local company based in McAllen, TX so you won’t be dealing with somebody out of town or a representative. We are accredited by the Better Business Bureau in south Texas. You will get a personalized service, we assure you we try to find a win win situation. We will be honest and tell you right away if you are not a good match for us and will try to recommend if another option is better for you. Talk with us at no obligation.
Our phone number is so you can call or text us at: (956) 904 5234 or check us out at our website to learn more about us: https://www.dolfinrgv.com/our-company