Thinking about selling your inherited condo? In this blog post, you’ll read about the 4 no stress tricks for preparing to sell an inherited property so you can sell it easily, with no hassle.
Selling a condo can be frustrating, time-consuming, and even expensive.
And if it’s an inherited condo, it can be even more inconvenient because often you aren’t planning on dealing with it.
So if you want to sell your inherited property without all the hassle, here are 4 no stress tricks for preparing to sell an inherited property…
No-Stress Trick #1 Plan Ahead
Deciding to sell is one thing, going through the steps to actually do it is another thing entirely. Make a game plan for selling and include all of the steps in selling. Start by asking yourself these questions:
- Do you have a budget for the ongoing expenses and any repairs needed?
- What is my plan if repairs take a long time?
- What will I do if the listing takes a long time?
- Will I have a contingency plan if the real estate agent can’t find a buyer?
It’s stressful if you have to decide these things as they come up but if you’ve already thought about them, you’ll eliminate a lot of stress.
No-Stress Trick #2 Be Informed
Do you know what the process is to sell? Do you know how long it usually takes? Do you know how much it will cost you? Is it even a good time to sell? Who is buying right now? Do some research ahead of time and ask these questions to get informed about selling.
The more information you have, the better.
No-Stress Trick #3 Get Consensus
If ownership of the condo was left to multiple people, you’ll want to talk all together to make sure everyone is on the same page.
Nothing is worse than starting the listing process only to find out that Cousin Steve wants to keep the property for his daughter to live in when she goes to college.
No-Stress Trick #4 Work With A Condo Buyer
Actually, you can skip a lot of the legwork and hassle by selling directly to a professional condo buyer. A condo buying company (like what we do here at Fast Condo Buyers) is the simplest, fastest way to put cash in your pocket because they often buy condos fast for cash, in as-is condition… and are experts at dealing with any of the challenges with titles, liens, multiple heirs, etc.
So one call to a company like ours is the best no-stress trick!
These 4 no-stress tricks for preparing to sell an inherited property will help you finally deal with that inherited property without the hassle and stress!