Often, homeowners will their house to beloved family or friends with the best intentions. But, while it may seem like a windfall when you find out that someone has inherited property, the realities are not always so wonderful. It can be beneficial to understand the problems that could arise on the path before you, so read on as we explore five downfalls of inheriting a house in Tulsa.
Distance
The distance between you and the house you inherited in Tulsa can make things difficult. This is especially true if other beneficiaries are involved; planning for communication ahead of time will help ensure that everything goes as smoothly as possible, even when you’re on the other side of the country. Working with Integrity Home Buyers, a highly reliable local representative, can provide you with assistance no matter where in the world you are located.
The key to success is clear communication; working with your brothers and sisters from across the country or from another hemisphere can turn into a logistical nightmare without a plan for how to communicate effectively. Emails, phone calls, text messages—all of these options have their drawbacks when not used properly. For example, emailing about an issue might not be the best way to have a multi-person conversation. Furthermore, there’s no guarantee that your messages will get through if the email provider is less than reliable. The same goes for phone calls, which can drop or become garbled during transmission.
Unified Decisions
Several people are often listed together on the will, and inheriting a house in Tulsa can become highly complicated if you cannot agree on the steps to take with the property. Working with an experienced professional investor like those at Integrity Home Buyers will provide the guidance you need to get everyone on the same page. First, each of your options will be detailed in full so that you’ll have a clear picture of the costs to retain the property during the months that a traditional listing may take what you would earn from a sale through a traditional listing. Next, we will lay out all of the numbers should you decide to sell directly to Integrity Home Buyers and make you a cash offer, which you’ll agree is fair, especially considering that you won’t be paying commissions.
Clean Out
It can be highly emotional after losing your loved one and finding yourself going through belongings and cleaning out the property when you are inheriting a house in Tulsa. Many people find the experience extremely overwhelming. One benefit of making a direct sale to a professional investor like those at Integrity Home Buyers, our full-service team will clean up the property inside and out; just take what you want and leave the rest to us!
Expensive
Inheriting a house in Tulsa means inheriting the monthly bills and responsibility for repairs and maintenance, along with any debt legally attached to the property. Unfortunately, few properties come to their beneficiaries in perfect condition. Often the home has fallen into severe disrepair, and overgrowth is now threatening the structure. Should you find yourself in a similar position, you should know that when you make a direct sale to a company like Integrity Home Buyers, our professional investors buy houses as-is, taking all of the risks of repairs onto our shoulders.
Time
In many cases, financial obligations that accompany the property when inheriting a house in Tulsa require a fast sale. Cash buyers often try to use this to their advantage, making insultingly low offers. However, you won’t be taken advantage of when working with a professional investor from Integrity Home Buyers. Our offer comes with a guaranteed closing date without any pressure. At Integrity Home Buyers, we have the flexibility to set the closing date around your schedule to make the sale as convenient as possible for you.
Are you inheriting a house in Tulsa and unsure about the next step? At Integrity Home Buyers, we will answer any questions or concerns to help you reach a consensus on an educated decision, with no obligation. Contact Integrity Home Buyers today at (405) 367-6048 to learn more.