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 Belleville.
Distance
If you live across the country, distance can cause issues when you’re inheriting a house in Belleville, 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 Cardinal Creek Properties, 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 Cardinal Creek
Properties live and work here in Belleville 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 Belleville 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 Cardinal Creek Properties 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 Cardinal Creek Properties 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 Belleville. Many people find the experience
extremely overwhelming. One benefit of making a direct sale to a
professional investor like those at Cardinal Creek Properties, 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 Belleville 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 Cardinal Creek Properties,
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 Belleville 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 Cardinal Creek Properties. Our offer comes
with a guaranteed closing date without any pressure. At Cardinal Creek
Properties, we have the flexibility to set the closing date around your
schedule to make the sale as convenient as possible for you.
Are you inheriting a house in Belleville and unsure about the next step? At Cardinal Creek Properties, we will answer any questions or
concerns to help you reach a consensus on an educated decision, with no
obligation. Contact Cardinal Creek Properties today at (314) 467-8137 to learn more.
