Selling a house is not something you do every day. Typically, you never have to face this situation until you’ve already become a homeowner, and you’re looking to either move or upgrade from a starter home into a newer or nicer home you’ve been saving up for.
If you have been through the process of selling a home before, then you know just how long things can take. You want to make upgrades and improvements to the property that raise the possible market value of it. You might even stage it, but you’ll at least make sure it looks like it’s perfectly clean and not actively lived in when shown. Then, you’ll just keep it on the market and pray your property agent finds the right buyers who fall in love with it and make an offer.
On the other hand, what if you wind up with a Long island house that you inherit? If you have older relatives, such as parents, grandparents, or even aunts and uncles that don’t have kids to leave things too, there is a good chance the day comes that they pass away and leave their physical estate to you and possibly others in the family.
That would probably include the house they owned, and while it might sound nice to inherit a house, you also might find yourself not wanting it. That could be because they live somewhere you don’t want to move, or you just don’t like the house that much. Maybe it was great for retirees but not an active family. More commonly, if you’re inheriting the overall estate with siblings or others, who would get the house? Splitting it up isn’t possible, and depending on the local laws or the will, you might be forced to sell it.
That often proves to be a good solution, and selling it fast is even better because it expedites the execution of the estate and lets everyone move on with their lives rather than have details of someone’s demise on their mind every day.
Waiting for the Long Island local real estate market to take its course might not prove prudent. Depending on the city, it can take anywhere from 60 days to a year and a half for a home to sell, and that’s if it’s priced right. Also, if there are specific reasons you didn’t want it, buyers might not either.
It’s always worth talking to immediate neighbors up and down the street. You might get lucky and find someone with a friend or relative that has been wanting to move in close.
Sell Your Long Island House Fast Through Quick Cash Offers
You can also canvas the community for ‘flippers’ who buy homes, fix them up, and then sell them for a premium. However, they usually go for auctioned homes and foreclosures, and they might not offer anywhere near what you deserve.
Need a business that pays cash for Long island homes? Abstract Home Solutions services Long Island and can help you with a cash offer within 24 hours.We can usually close a deal within 30 days or less, and buy the home as is. That gets it off your hands quickly and simply, letting you split up the financial value with anyone else inheriting the estate and closing out the deal so you can move on with your lives.
Of the three options, a cash-for-homes business is probably the best way to sell an inherited home on Long Island you don’t want quickly. There are no negotiations, simply a transaction. You can return to focusing on your life without your loved one, content that their former home is either going to be sold to a new owner or at least be rented out for a family to enjoy for a while.