Selling an inherited home in GA is not as easy as people think! Learn how to sell a house you inherited in Cobb County GA… You can also watch the video below!
Going through the traditional process, make these considerations:
First of all, you will need to start preparing a loved one’s house to get it ready for a sale – cleaning out his or her rooms and the belongings. Not only is it a lot of physical work, it can be mentally draining as well.
After it is cleaned out, it will likely need some updating. Most homes will need new carpet and fresh paint. Others need updated kitchens and bathrooms.
Then, there is the cost of marketing the house in order to attract potential buyers. This is usually paid in the form of realtor fees and closing costs at the time of the closing. The fees usually total between 6-10%.
Unfortunately, the heirs must deal with the surprise of liens and other issues. These can be quite costly. Consequently, disagreements may arise.
Therefore we at Sell Moms House have compiled a few points that should help steer you in the right direction, if you ever find yourself in such a dilemma. Here are a few tips on how to sell a house you inherited in Cobb County , with ease.
Making the probate process go smoothly
Get some advice
The first step you should take is to get some professional advice. You must understand the status your house is in. Make sure that you verify your ownership. Seek advice from a real estate attorney. Get info from other experts too. And completely utilize this site too, of course. We can also give you a fair offer for your inherited local Cobb County house if it qualifies. Fill out the form here to get started.
Next Step: Begin the probate process in Cobb County
Before you embark on the selling process, your house must go through a probate process. Most counties allow for a summary probate – which is just a simple process that takes a very short time and involves less legal processes. Once your house passes the probate process in Cobb County , you can then put it on the market.
The tax basis of your property is the house value on the date that the person who willed you died. The difference between the amount you realize from the sale and the value is basically the gain on which you owe the taxes.
How to sell a house you inherited in Cobb County
Agreeing to sell
If you are ready to sell your house in Cobb County , you can inform the executor to petition the court in order to get the “go ahead” sign and proceed with the sale from the there. Problems always arise when siblings who share the inheritance have different views – for instance others may want to sell the house while others may not be for the idea. If and when this happens to be the case, it is important to “disagree to agree”. It is also important to involve your estate lawyer in this stage.
Preparing to sell
A house that belonged to an elderly person may require repairs and a bit of updating before you can put it on sale. You will need to get rid of everything! You can choose to hire an inspector to note down potential issues and recommend possible repairs. Although you can sell a home in Cobb County “as is” you may be forced to accept a lower price, especially if your house requires extensive repairs or cleaning.
Here at Sell Moms House however, we will always give you a fair deal and help you get as much value from your inherited house as possible. We often times buy local houses in Cobb County , repair and fix them up and either rent them out or sell them to someone else looking for a great deal.
If your local Cobb County house meets a few simple qualifications, we can buy your house fast.