If you inherited a property that you are planning to sell, make sure you review these 3 things you can do in Newport News to prepare your inherited house for the sale…
When someone you loved passes away, it is always a sad time for you and the other relatives. If you inherit a house in the process, this may be a great thing, to receive something that may have been in the family for a long time and now you have an asset of a significant value. On the other hand, this may turn out to be also a burden. What if the house is inherited by several siblings and everyone thinks different as to what to do with the house? Also, the house is an asset, but it requires upkeep, possibly mortgage that needs to be paid off, utilities, etc. So, in some cases the best option is to sell the house. Here are 3 things you can do in Newport News to prepare your inherited house for the sale.
Preparing Your Inherited House For Sale — Tip #1
If the house was inhabited by an older person who was not very active, it may have become partial storage for hoarded items or family memorabilia for many years. There probably wasn’t much upkeep as far as updates on the house. I’m sure your grandpa or grandma probably did not request or tried to get a new kitchen every 5-10 years… So, at the very least, what you will need to do is clean up the house thoroughly so when a potential buyer comes by, they will not be scared to get in. Clutter makes every place look smaller than it really is…
Preparing Your Inherited House For Sale — Tip #2
We understand that this was not just a house, but a home for family and many memories. We know that when you will be looking through the things stored there or hanging on the walls, you will enjoy many emotions and memories will flood into your brain. We hope most of them are good 🙂 So, it is understandable that you may be hesitant to sell a place with so many memories, but remember, this is just a house. The people (and some great memory items) is what made it a home. So, you can give yourself a favor by taking some extra pictures and taking some of the most important items from the house and putting them into your other home. You may even want to get the family members together and take some extra picture in and around the old house, to keep for the ages. The new house buyer would not care at all for the things and decorations that are currently there, no matter how well they are functioning, or how pretty they make the rooms look. In essence, if the house is nothing but walls, it would be ideal for the potential buyers.
Preparing Your Inherited House For Sale — Tip #3
Last, you should think about giving your house a paint job. If you inherited the house from someone who lived in it a while, they may have cared for the house but the wall colors may have faded. A paint job is affordable for you and it’s an easy way to help a house feel fresh and lived-in, even if you choose not to make any other updates or renovations to the house.
If you want to even have a chance to make decent money from the sale of the house, you can do at least a light rehab. Of course, if you can do a full rehab, that would be even better, but we know sometimes that is from hard to impossible to coordinate, especially if you or other heirs live out of state or if some of the heirs can’t or don’t want to pay for the rehab. So, for a light rehab, you could settle for a paint job, land scaping, complete cleaning, and maybe new floors/carpet.
When your loved one passed the house on to you, they did so because they wanted to give you this gift. But selling the inherited house may make the most sense. So you’ve just read 3 things you can do
Whoever passed away knew they were giving you a gift. It is a great asset, but not always wise to keep. So, these were the 3 things you need to review and do in Newport News to get your inherited house ready for the sale.