Quick cash sale inherited property?
Finding yourself with an inherited property on your hands is usually a
mixed blessing. Likewise when dealing with probate property or having to
go through the process involved in obtaining a grant of probate.
We do understand that the circumstances
surrounding the sale of inherited and probate property are likely to be upsetting
and stressful for all concerned. Some people
opt for a quick cash sale for inherited property to a probate property
But we're getting ahead of ourselves. A
quick cash sale inherited property may not fit in with your aims.
You have several alternatives open to you
for disposing of inherited or probate property. The right choice for you
and your family may depend on your frame of mind, and the circumstances
surrounding the prospective sale.
Maximising the proceeds from the sale
If you're quite clear that your objective
is to get the most you can for your inherited property your best
bet is to sell through an estate agent. Unlike a quick cash sale
for inherited property, using an agent will have an uncertain outcome, means
your property will take months rather than weeks to sell but your
patience should be rewarded with a higher price.
And don't believe everything you read too.
Some sources suggest that if the property is in need of updating or a complete over- haul the
estate agent route is inappropriate. This will partly depend on the
location of the property - the types of buyer the area attracts and
pricing the property sensibly. But it helps to be aware of any issues
that may surface in the survey.
Using an estate agent to sell an inherited
property may cause unintended complications for other reasons. For example, if the
logistics of the sale are troublesome. If the property is located some
distance away, it may be worrying to leave it empty and you may find it
harder to keep tabs on your estate agent. If you have concerns
about the practicalities of handling a sale at the other end of the
country getting a quick cash sale for your inherited property can begin to sound more appealing.
If the property is
likely to be empty for months then you may have to budget for taking
additional security measures to avoid vandalism or squatting. In London
in particular, properties empty for only short periods are vulnerable to
squatters. And it seems to be more likely to happen if the property
looks run-down or neglected. Asking neighbours to keep an eye on the
property may be adequate. Or perhaps another relative can move into the
property as a temporary "caretaker"?
Securing a quick cash
Getting a quick cash sale
for inherited property is one way of being
able to put what is may have been a traumatic period behind you -
quickly. If selling quickly is more important to you than achieving the
highest possible price then selling to a professional property buyer may
fit the bill. The service they offer is all about delivering convenience and
A quick cash sale inherited
property is intended to free up your time and reduce your level of involvement
in the process. Why? Although professional property buyers are partly
dependent on the solicitors they use for their quick sale process, most
professional buyers are all to aware they are providing a service. And
if you want to sell fast? A fast sale for your inherited property (or
any property for that matter) is possible using specialist solicitors
A quick cash sale of your inherited property
will be chain-free. Most professional property buyers will offer a
"guaranteed" sale, only subject to survey.
However, professional property buyers
won't pay the open market value for the property - what you would get
selling through an estate agents in six to eight weeks. Some
professional buyers stick to fixed percentage discounts or require a
minimum discount. Others will
assess the risk and potential of any property on a case by case basis.
The risk for the buyer rises sharply in a slower or uncertain market or
if the property may be difficult to re-sell.
We never forget that our
service is based around you, and your priorities. If the sale of your
inherited property posses awkward problems for you or you simply want
the sale "done and dusted" we'll do best to help.
To find out more about speeding up the
sale of your inherited property call
0669. To make an initial
enquiry online use the form below.