- Did you inherit a property that you don’t know what do with?
- Does the property need a lot of work to cleanout and repair?
- You know the property is worth something but you don’t know where to start?
Losing a loved one is never easy. I know first hand and understand that dealing with the loved ones possessions and any property that is left behind is a daunting task. The good news is that you don’t have to do it alone and in a lot of cases, the process to sell the property can be straightforward.
Even if you haven’t completed the probate process, I can still help. I buy houses in all parts of Atlanta metro area. I buy them in all conditions and with all cash. Not only do I buy them quickly, but I can save you the hassle of having to repair the property and get it in a condition that would make it available to sell with a real estate agent.
Going through the probate process in Atlanta, can take quite a bit of time. If the estate has tax liens or mortgages on the property, this can add to the time it takes to complete the process. Real estate investors can also help in these situations buy helping to clean up the title to the property by rolling those issues into the closing. Not only does this make it easier to sell the property, but it also keeps you from having to take money out of your own pocket.
Keep in mind that if you do decide to sell the property with a real estate agent, that you should expect to take anywhere been 6% and 10% off of the purchase price of the property. This is to pay your agent, the buyers real estate agent, and normally another 1-4% in buyer concessions. You should also expect to have the property sit on the market for 3-6 months before you find a buyer. While the property is sitting on the market, you will still be expected to pay for the utilities.
- To heat/cool the house
- To keep the water running
- Gas bills
- Taxes that become due
- Mortgage Payments
- HOA Fees
These holding costs add up and you should be prepared for the worst case scenario if it does take a longer than expected to sell the property. Of course each property is different and what might be typical in a one market, might not be typical in another market. If you are unsure of your local market and not sure what you should expect for the value of your property, there are several good resources online to get an idea of what the property might be worth.
These sites are good to give you a ballpark figure on our what your property might be worth to a potential buyer but should only be used as a guideline.