If you inherited a property that you intend to sell, make sure you read this blog post all the way through to know the 3 things you can do in Edmonton to prepare your inherited house for the sale…
Good News & Bad News
When a loved one passes, it can be a difficult time for everyone. And although inheriting a house might seem like a wonderful way for a loved one to pass something of value on to you, it can also be a real burden! As you’re likely aware, houses take a lot of time and work to maintain, keep clean, and keep up-to-date. If you’re thinking about selling an inherited property in the Edmonton area, or if you are still exploring your options, here are 3 things you can do to prepare your inherited home for the sale…
Preserve the Memories, But Be Reasonable
Perhaps the most important thing to do is to preserve the memories for yourself and others. If its a close family member you will have many memories but possibly discover that there may be some mixed emotions about the property as well. And this can become an obstacle that prevents you from selling the inherited house! Don’t put yourself in a dilemma where you pay to hold onto the property but never really enjoy it. You need to understand that you are experiencing emotions about the memories and about the person who lived there. The house itself is just the structure. The memories are something different. They are eternal.
So if you’re thinking of selling the home but want to preserve the memories, do something special in the house — take pictures, gather some of the furniture and photographs and other mementos that you will cherish. You’ll have a few things that represent your memories and you’ll still be able to sell the house and prevent it from becoming a burden.
Empty the House Right Out and Clean it Up
Chances are, you inherited the house from someone who lived there for a while. When this happens, you’ll find out that the person who lived there may have taken very good care of the house, or not. After living in the same house for a while there might be areas of the house that they didn’t use very much. And perhaps those became storage zones. The best way to help your inherited Edmonton, Alberta house sell is to clear the house out, clean it up thoroughly, and present a beautiful empty house to buyers.
Now if clearing out & cleaning up is something that is too burdensome or difficult for you to do, the team at Sunrise Home Buyers can look after it for you! Once you have preserved all the memories, taken all your special mementos, and are ready to move on from the home…we can take over from there. We will look after all the clean-up and any fixes or renovations. We can arrange it so there will be no more work needed for you to do….just take the cheque from us. You can leave the house “as-is” AND sell on the date of your choice. We are the home of the low pressure, FAST, FAIR & CONFIDENTIAL offer. We can purchase your inherited home at an agreed upon price and close in 10 days or 3 months…it’s up to you.
Do The Most Cost Effective Renovations
Finally, you should think about giving the home a paint job. If you inherited the house from someone who lived in it for some time, they may have cared for the house but the wall colors may have faded…or just maybe, the taste in paint colors have changed! A paint job is affordable for you and it’s the easiest way to help a house feel fresh and lived-in, even if you choose not to make any other updates or renovations to the house.
The next best use of your funds is landscaping improvements up to about $1500. You may not realize it just now, but that nugget I shared is a golden nugget! This is the one fix that actually MAKES YOU MONEY! Clean up the flower beds, put in some mulch, trim back the shrubs and clean up the lawn.
These two tasks will provide you with the best bang for your buck upgrades in terms of time and money. However, if that is not something you are willing or capable of doing, you can givea call to HELP YOU with the home selling process.
When your loved one passed the house on to you, they did so because they wanted to give you this gift. But in most circumstances, selling the inherited house may make the most sense. While we offered you 3 tips you can implement in Edmonton to prepare your inherited house for the sale, this brief article merely touched on the process of selling your inherited home.
If you’d like to read further on the implications of inheriting an Edmonton, Alberta home, click this link for additional insights. But if you’d welcome some experienced guidance from real estate consultants seeking a win-win solution, fill out the form at the bottom of this webpage.
Further Estate, Probate and Wills Information
If you’d like to know more about selling an inherited property that will most likely have to go through the probate process in Edmonton, Alberta, CALL US TODAY to discuss it further. And if needed we can even connect you with one of our trusted partners.
****Please be advised that if you need to sell an Edmonton, Alberta estate house fast, the quickest method to secure probate is with a limited grant of probate. This will legally allow the executor to sell the home. Usually this takes about 2-3 weeks to secure. And to make efficient use of your time, you can use this time to prepare the home for sale!
Wondering how to sell your house quickly and easily without any hassle or dealing with an agent? That’s where we can help. We are professional house buyers and we’ll make you a no-obligation cash offer for your house. Click here to enter your information or call our office at (587) 982-7576 to learn more.
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