How to Sell a House You Inherited in Miami Gardens – the reality behind probate
Last updated on December 3, 2018
Selling an inherited home in FL is not as easy as people think! Read on to learn how to sell a house you inherited in Miami Gardens FL…
First of all, there is always that emotional bit of preparing a loved one’s house ready for sale – which most likely includes depersonalizing his or her rooms and also clearing out all the belongings… Then there is the cost of marketing the house in order to attract potential buyers.
Usually heirs get to deal with the high costs of liens and other issues. Consequently, disagreements may arise.
Therefore we at Parc property solutions have compiled a few points that should help steer you in the right direction, if you ever find yourself in such a dilemma. Here are a few tips on how to sell a house you inherited in Miami Gardens, without having to sweat much.
Making the probate process go smoothly
Get some advice
The first step you should take is to get some professional advice. You must understand the status your house is in. Make sure that you verify your ownership. Seek advice from a real estate attorney. Get info from other experts too. And completely utilize this site too of course. We can also give you a fair deal for your inherited local Miami Gardens house if it qualifies. Fill out the form here to get started.
Next Step: Begin the probate process in Miami Gardens
Before you embark on the selling process, your house must go through a probate. Most countries allow for a summary probate – which is just a simple process that takes a very short time and involves less legal processes. Once your house passes the probate process in Miami Gardens, you can then put it on the market.
The tax basis of your property is the house value on the date that the person who willed you died. The difference between the amount you realize from the sale and the value is basically the gain on which you owe the taxes.
How to sell inherited house Miami Gardens
Agreeing to sell
If you are ready to sell your house in Miami Gardens, you can inform the executor to petition the court in order to get the “go ahead” sign and proceed with the sale from the there. Problems always arise when siblings who share the inheritance have different views – for instance others may want to sell the house while others may not be for the idea. If and when this happens to be the case, it is important to “disagree to agree”. It is also important to involve your estate lawyer in this stage.
Preparing to sell
A house that belonged to an elderly person may require repairs and a bit of updating before you can put it on sale. You will need to get rid of everything! You can choose to hire an inspector to note down potential issues and recommend possible repairs. Although you can sell a home in Miami Gardens “as is” you may be forced to accept a lower price, especially if your house requires extensive repairs or cleaning.
Here at Parc property solutions however, we will always give you a fair deal and help you get as much value from your inherited house as possible. We often times buy local houses in Miami Gardens, repair and fix them up and either rent them out or sell them to someone else looking for a great deal.
If your local Miami Gardens house meets a few simple qualifications, we can buy your house fast.
You can fill out the form or pick up the phone and give us a ring anytime at 786 584 0207
Even in a sellers market like Florida, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your house. While you may be able to get a higher “top line” sales price listing with a local Miami Gardens agent, that doesn’t always boil down to more money in your pocket or less headache. Dive into the details below to compare your options.
||Selling w/ An Agent
||SOLD To Parc property solutions
|Commissions / Fees:
||6% on average is paid by you, the seller
|Who Pays Closing Costs?:
||2% on average is paid by you, the seller
||NONE – We pay all costs
|Inspection & Financing Contingency*:
||Yes, up to 15% of sales fall through
||Yes, sale is often subject to appraisal
||NONE – We make cash offers
|Average Days Until Sold:
||+/- 91 Days
||IMMEDIATE CASH OFFER
|Number of Showings:
||1 (Just Us)
||30-60 +/- days after accepting buyers offer
||The Date Of YOUR CHOICE
|Who Pays For Repairs?:
||Negotiated During Inspection Period
||NONE – We pay for all repairs
Work The Numbers And See Which Way Helps You Get There…
When you really work the numbers you start to see the real benefits that each way of selling your FL house offers.
Yes, here at Parc property solutions we won’t be able to offer you full retail value for your house… but we also offer other benefits that going the traditional house sale route can’t offer.
From offer to close and cash in your hand in as little as 7 days
You can get rid of the headache of that property fast and avoid paying any more utility payments, tax payments, insurance payments, mortgage payments, you get the drill. If you list your house and wait 90+ days to close… you have to figure in all of the costs of holding that property during the time you have that property listed and are waiting for the property to close.
Don’t worry about fixing anything up or cleaning your house again and again for buyer after buyer
We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed (a complete fixer? great! we love projects)... we’d like to make an offer on your house. This saves you time and money that you can keep in your pocket.
Don’t worry about paying those pesky closing fees (we’ve got you covered)
Because we are a full-service professional home buyer here in FL, we make it easy for you. We pay for all of the closing costs. What we offer you is what you get (of course minus any mortgage payoff or other encumbrances on the property). Pretty refreshing eh?
So when you add up the time you could save by working with Parc property solutions, the no-hassle experience, and the money you’ll save on commissions, fees, and holding costs while you wait to sell the traditional route… for many area home owners selling to a professional house buyer is the best viable option.
Is it for you?
See for yourself and get a fair all-cash offer on your house today.
Just fill out the short form below or give us a call at 786 584 0207 and let’s chat! Our process is simple and you can close on the date of your choice. You have nothing to lose by getting an offer (no obligations – no pressure). But you could potentially lose thousands of dollars or months of your time by not testing us out and requesting your FREE house offer below.
*An inspection contingency lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similar, a financing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
Here at Parc property solutions we don’t use bank financing so you don’t have to worry about our ability to close on a deal.