Dealing with the death of a loved one is a multifaceted experience. On one hand, you’re dealing with a lot of emotional pain and grief. On the other hand, there are many more trivial things that need to be taken care of, such as the individual’s home. Read on to learn the benefits of selling a loved one’s home to a home buying company after they pass away.
The Probate Process
When an individual passes away, there are several legalities that need to be taken care of. One of these processes is distributing the individual’s estate and paying off any remaining debts they may have. The process of doing this is called probate. If your loved one has passed, and you have been named executor of the estate, it is up to you to handle the distribution of their assets and help determine what happens to their home. If you, along with the probate court, decide that selling the home is the best course of action, you’ll have to sell with probate in mind. When selling traditionally, there are many different factors that you’ll need to consider. For example, if the house is outdated, you’ll likely need to make extensive repairs and updates before you can sell. If you don’t want to go through these complications, consider selling as-is to a home buying company.
Why Sell As-Is
Selling a home as-is specifies right from the beginning that no repairs or updates will be made to the property. If someone wants to buy the property, they’ll have to complete any repairs after the sale is finalized. This can be helpful for you, especially in circumstances of probate. The homes involved in the probate process are usually quite outdated and can require many repairs as well. It would take you thousands of dollars to get the home to a place where it could appeal to buyers. You likely don’t have this money available and would like to sell as quickly as possible. Selling to a home buying company for cash allows you to sell a house in any condition, and get a fast cash offer on the property.
Other Benefits of a Cash Sale
Dealing with the loss of a loved one is incredibly emotional and difficult. Adding the responsibility of selling a home to your load may be more than you can handle. Selling the home to a home buying company for cash is the easiest way to sell, and ensures that the process goes as quickly and smoothly as possible. Selling a home to a home buying company ensures that you can save time and money on the sale. When you sell a home to a home buying company, you can close on the sale in a matter of days, as opposed to the months or even years of a traditional sale. You also never have to pay a single penny to sell a home to a home buying company. No commissions or fees are required.
Selling a loved one’s home after they pass can be a difficult experience for many different reasons. Home buying companies understand the complicated nature of this process, and want to help you have the best experience possible. If you live in Virginia, let Forrest Buys Houses help you sell your home today!
Have a house you need to sell? Forrest Buys Houses gives you a cash offer on your home in as little as 24 hours. Click here to learn more, and request your offer from Forrest Buys Houses today!