Selling an inherited property will give you a pot of cash to enjoy. It could be the deposit you need for your dream home or the solution to paying off your existing mortgage. You could treat yourself to an exotic holiday and a new car or stash some of it away for a rainy day. Selling an inherited property can be a nightmare. If you opt for a high street estate agent there is no guarantee your property will sell. You could spend months showing potential buyers around but fail to get an offer.
If you eventually succeed in selling, you will be hit with hefty estate agent bills and legal fees. These will eat into your profits and substantially reduce your inheritance. House auctions are another option. Again you aren’t guaranteed to sell your property and must be prepared to accept well below the market value. Don’t forget to factor in fees and commission charges too.
Many people who inherit a house are eager to quickly get shut of the property along with the hassle and expense of keeping it. If there is an outstanding mortgage on your inherited property you may have to stump up for mortgage payments. You could also be liable for inheritance tax or capital gains tax. If you have acquired sitting tenants too, that’s another headache to be dealt with,
We will buy your inherited property whatever condition it’s in and pay you cash. Fast. This relieves you of the bother of spending time and money making the property attractive to potential buyers.
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