Will you be inheriting a house and don’t know what to do with it? 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 Cincinnati.
Distance
If you live across the country, distance can cause issues when you’re inheriting a house in Cincinnati, 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 We Buy NKY Houses, 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 We Buy NKY Houses live and work here in Cincinnati 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 Cincinnati 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 We Buy NKY Houses 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 We Buy NKY Houses and make you a cash offer, which you’ll agree is fair, especially considering that you won’t be paying commissions.
Clean Out
It can be highly emotional after losing your loved one and finding yourself going through belongings and cleaning out the property when you are inheriting a house in Cincinnati. Many people find the experience extremely overwhelming. One benefit of making a direct sale to a professional investor like those at We Buy NKY Houses, our full-service team will clean up the property inside and out; just take what you want and leave the rest to us!
Expensive
Inheriting a house in Cincinnati 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 We Buy NKY Houses, 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 Cincinnati 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 We Buy NKY Houses. Our offer comes with a guaranteed closing date without any pressure. At We Buy NKY Houses, we have the flexibility to set the closing date around your schedule to make the sale as convenient as possible for you.
Help With An Inherited House
You only need to make one stop, with the convenience of our professional hybrid agents and investors all rolled into one at We Buy NKY Houses. If you have any questions about which option is best for your situation, We Buy NKY Houses will take the time to listen. We Buy NKY Houses will address any of your concerns with no obligation. To learn more about how our hybrid agents and investors can help you solve your problems, contact We Buy NKY Houses at (859) 412-1940 today and get started.
Are you inheriting a house in Cincinnati and unsure about the next step? Why worry another day? We Buy NKY Houses is here to help you solve your problems. Are you ready to end your sleepless nights worrying about your property? Contact We Buy NKY Houses today for a no-obligation consultation at (859) 412-1940.