You’ve inherited a home. It’s a great financial opportunity, right? Maybe not. Depending on your level of expertise when it comes to home renovations and the real estate market, selling that inherited home for top dollar may not actually be as great an investment as it seems. Sometimes, selling your house fast for cash in Maryland, Virginia, or Washington, DC is a much better option.
Why is selling a house so expensive?
There are a number of reasons why selling your inherited Maryland, Virginia, or Washington, DC home may be too expensive—or just downright scary—but the number one reason to sell your house As Is for cash instead is the home repair nightmare.
In this day and age, not a lot of home buyers are looking for the “fixer upper” experience. Most are looking for move-in-ready homes that meet their exact tastes at fixer upper prices. It’s a hard market to meet, especially if you are new to the real estate game, and especially if you don’t have the expertise to do the renovations yourself. Sometimes, renovating a home can be as simple as slapping on a fresh coat of paint, but when you are dealing with an inherited home, chances are that you are looking at renovations that are a bit more extensive. For instance, the most common renovations that prospective home buyers look for are:
In other words, your renovation experience can quickly turn into a home repair nightmare, leaving you with an expense you certainly weren’t anticipating. Of course, how likely is it that those contractors will finish on time? The longer it takes to finish making your home market ready, the more you spend tackling those extra bills and mortgage payments. Add to that real estate commission and finance contingencies for when it does actually hit the market, and you are quickly looking at an overwhelming expense. Sell your inherited house fast to a home buying company that will give cash for home, thus you can save yourself the cost and stress of the repair nightmare.
Sell your home directly to House Buyers of America and can skip all the hassle and months of uncertainty. Simply enter your address – and get our offer with a few simple steps.Get an Offer