Often, homeowners will their house to beloved family or friends with the best intentions. But, while it may seem like a windfall when you find out that someone has inherited property, the realities are not always so wonderful. It can be beneficial to understand the problems that could arise on the path before you, so read on as we explore five downfalls of inheriting a house in Elkton.
Distance
Inheriting a house can be difficult when you live far away. You may not be able to be there for every step of the process, which can make things complicated. If other beneficiaries are involved, it is even more important to have a clear communication plan in place.
Working with a local representative can help make things easier, especially if they are familiar with the area and the process. At TCJ Investment Properties LLC, we live and work in Elkton and surrounding areas. We are here to help you through every step of the inheritance process, no matter where you are located. Contact us today to learn more about how we can help you.
Unified Decisions
Several people are often listed together on the will, and inheriting a house in Elkton can become highly complicated if you cannot agree on the steps to take with the property. Working with an experienced professional investor like those at TCJ Investment Properties LLC will provide the guidance you need to get everyone on the same page. First, each of your options will be detailed in full so that you’ll have a clear picture of the costs to retain the property during the months that a traditional listing may take what you would earn from a sale through a traditional listing. Next, we will lay out all of the numbers should you decide to sell directly to TCJ Investment Properties LLC and make you a cash offer, which you’ll agree is fair, especially considering that you won’t be paying commissions.
Clean Out
It can be highly emotional after losing your loved one and finding yourself going through belongings and cleaning out the property when you are inheriting a house in Elkton. Many people find the experience extremely overwhelming. One benefit of making a direct sale to a professional investor like those at TCJ Investment Properties LLC, our full-service team will clean up the property inside and out; just take what you want and leave the rest to us!
Expensive
Inheriting a house in Elkton means inheriting the monthly bills and responsibility for repairs and maintenance, along with any debt legally attached to the property. Unfortunately, few properties come to their beneficiaries in perfect condition. Often the home has fallen into severe disrepair, and overgrowth is now threatening the structure. Should you find yourself in a similar position, you should know that when you make a direct sale to a company like TCJ Investment Properties LLC, our professional investors buy houses as-is, taking all of the risks of repairs onto our shoulders.
Time
In many cases, financial obligations that accompany the property when inheriting a house in Elkton require a fast sale. Cash buyers often try to use this to their advantage, making insultingly low offers. However, you won’t be taken advantage of when working with a professional investor from TCJ Investment Properties LLC. Our offer comes with a guaranteed closing date without any pressure. At TCJ Investment Properties LLC, we have the flexibility to set the closing date around your schedule to make the sale as convenient as possible for you.
Are you inheriting a house in Elkton and unsure about the next step? At TCJ Investment Properties LLC, we will answer any questions or concerns to help you reach a consensus on an educated decision, with no obligation. Contact TCJ Investment Properties LLC today at (302)729-3022 to learn more.