Selling a house after a death in the family can be challenging. It is often the last thing on your mind when you are grieving, but it is also essential to do so as soon as possible to avoid bills piling up.
Here are the steps you should follow when selling a house after a death in the family to ensure a stress-free process.
5 Steps for Selling a House after a Death in the Family
These are the steps you should take for a fast sale of the home:
1. Home valuation
The first step should be determining the value of the home. One nifty way to do it is by consulting real estate apps and websites. Find homes near you of the same size for a rough estimate on pricing the house.
It would also help to consult a real estate professional with local area experience as they would have a clearer picture of what price to slap on to the property.
Keep in mind that the property’s value can plummet up to 25% if the owner dies of non-natural death, so you may want to gloss over that fact if that’s what happened in your case.
2. Deal with paperwork and payments
Sort out the paperwork if you want a smooth selling process. Scrutinize the will to avoid surprises, change the home insurance policy details, and iron out the transfer ownership details.
Just because the homeowner died doesn’t mean the bills won’t need paying. Pay the utility bills and keep the home insurance payments up to date.
3. Hire experts
While there is nothing wrong with selling your home without a realtor, it would help to hire a real estate agent to sell the house. They have more experience than you do, have broader access to buyers, and know how to milk the best deal for your home.
It would be best also to consider hiring an attorney to help with this process. They know how to navigate the legal issues that come with handling matters involving the estate of a deceased person and the taxes that need settling once the sale is complete.
4. Remove personal items
It may seem simple, but this person who has passed has gathered a lot of items throughout their lifetime—that will be a lot of stuff. In addition, the process may take a lot of time, so set aside enough time to complete this step and avoid being caught off-guard.
You may have an emotional attachment to some stuff, so getting rid of things may be out of the question. However, that means you must consider where to store all those items.
5. Get the home ready
Sure, you may sell the home as is, but you stand to fetch a better price and sell the house much faster if you get the home ready for selling. Spruce up the home by making repairs, renovating where necessary, giving the walls a fresh lick of paint, and improving the curb appeal
Sell the Deceased Property with Next Level Home Buyers
It’s never easy selling a house after a death. However, one of the easiest ways to complete the sale is dealing with Next Level Home Buyers.
After contacting us, Next Level Home Buyers will make you a fair cash offer within 24 hours. Accept that, and we can close the deal in as little as 7 days.
We can buy the home as is; we won’t require you to make costly repairs or renovations as most real estate agents would. Contact us today for more details about our Fair & Fast home-buying process.
WE BUY HOUSES IN ANY SITUATION:
Behind on Payments
- Death of a loved one
- Liquidating assets
- Inherited property
- Job loss
- Bad mortgage
- Medical Bills
- Extensive repairs