Who to Trust When Selling A Scottsdale Inherited Home

Who to Trust When Selling A Scottsdale Inherited Home

The loss of a loved one is always emotional. And that is never a good time to make major life decisions. But when you have inherited that loved ones Scottsdale home, you will need to make some very important decision, sooner rather than later. And just as you would expect, there are many people offering many different opinions on what is best for you and your financial future.

You Options

When you inherit a home, you have three basic options. First, you can decide to move into the home and live in it yourself. This can be difficult if the home still has a mortgage and is more expensive than your budget can accommodate. It the home is paid for then you have more of an opportunity to move in without financial complications. If you do not want to live in the home then you can decide to keep the house and use it as a rental income property or you can sell the house.

Rental Property

This option is a great opportunity for the right person and with the right house. But anyone who has ever been a landlord will tell you that there is more work involved than just collecting rent. You might consider a management company, but that will cut into the rental profits and might not leave you with much of an income from the house. In addition, you will still be responsible for maintenance and upkeep or for paying to have that work done.

Selling

Most realtors will encourage you to fix up a house as much as possible before selling it. Not only will this fetch a higher price for the house and get the realtor a better commission, but it will make the house easier to show. The drawback for you is that these repairs and renovations often have a very poor return on investment when the house sells. But sadly, in a very emotional state, many homeowners who have recently inherited a home tend to listen to a realtor, and they sink more money into the house before listing it for sale.

An Option You Can Trust

With your emotions and time both running thin, a fast sale to settle this matter is in your best interest for many reasons. The real estate investment firm Higher Offer understands your situation and wants to help you find the closure that you need in a fast cash home sale. We offer a fast sale at a fair market price on all homes regardless of the condition or location of the home. Contact Higher Offer today to request an offer on the Scottsdale home that you inherited, and save yourself the time and cost of repairs and renovations.

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