First of all, there is always that emotional bit of preparing a loved one’s property 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 homebuyers in Georgia.
Usually, heirs get to deal with the high costs of liens and other issues. Consequently, disagreements may arise.
Therefore we at Resideum, LLC 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, without having to sweat much and may potentially get cash for houses in Sharpsburg GA.
Making The Probate Process go Smoothly in Sharpsburg GA
Get some advice in Georgia
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 Sharpsburg GA house if it qualifies. Fill out the form here to get started.
Next Step: Begin the probate process in Sharpsburg
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 fewer legal processes. Once your house passes the probate process in Sharpsburg GA, you can then put it on the market.
GA Tax consideration
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 a House You Inherited in Sharpsburg GA
Agreeing to sell in Georgia
If you are ready to sell your house in Sharpsburg GA, you can inform the executor to petition the court in order to get the “go ahead” sign and proceed with the sale from there. Problems always arise when siblings who share the inheritance have different views – for instance, others may want to sell the property 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 in Sharpsburg
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 Sharpsburg GA “as is” you may be forced to accept a lower price, especially if your house requires extensive repairs or cleaning.
Sell My House In Sharpsburg Georgia
Here at Resideum, LLC however, we will always give you a fair deal and help you get as much value from your inherited property as possible. We are local Georgia home buyers and we oftentimes buy local houses in Sharpsburg GA, repair and fix them up and either rent them out or sell them to someone else looking for a great deal.
If you sell your house in Sharpsburg GA to us and meets a few simple qualifications, we can buy your home quickly.
You can fill out the form or pick up the phone and give us a ring anytime at (678) 710-6130
Greg Kurzner, is CEO of Resideum, Atlanta’s Professional Homebuyer company. Greg has been a force in Atlanta real estate for over 30 years. He has been involved in the sale of over 1 Billion in real estate transactions in his career and consistently ranks #1 in sales by units by Atlanta Realtor Association. In addition to Greg being a licensed real estate broker, he is also a licensed general contractor and a nationally-recognized expert in investment real estate.