Pitfalls to Avoid When Selling a Probate House in POMONA
At We Buy Houses Pomona, CA, we see a lot of real estate transactions go through probate. Very few of them go as smoothly as the estate’s heirs expect. However, by setting the right expectations upfront, yours can be one of them.
Here are our top tips to improve your estate settling experience, along with pitfalls to avoid when selling a probate house.
Pitfall #1: Working with an inexperienced professional
Probate is an intricate process. We Buy Houses in Pomona, CA sees a lot of heirs go through more hassle and headache than they really need to simply because they work with professionals who don’t typically handle probate sales. Local probate rules can vary, and you need a skilled professional who understands the process inside and out. Otherwise, you could end up leaving a lot of money on the table when it’s time to sell your inherited house.
Start with a probate attorney who can help you collect the necessary documentation and give you the green light to sell. He or she will advise you throughout the process and can even point you in the direction of an experienced real estate agent.
However, if you’re thinking “How can I sell my house fast in Pomona, CA?”, then you can skip the real estate agent altogether. Reach out directly to cash-for-house companies like We Buy Houses Pomona, CA and go from cash offer to closing in just a few days.
Pitfall #2: Mishandling or neglecting the property
When a loved one dies, it’s easy to forget about their home until it’s time to sell. But consider that the probate process can often take months before you’re able to even think about selling. There’s a lot that can happen during this time: break-ins, leaks, wood rot, storm damage, and failed HVAC systems, to name a few.
These can be costly items to repair when it’s finally time to sell. And if they’re too expensive and you’d prefer to sell the house as-is, you could be giving up a large chunk of your inheritance due to decreased value.
Even if you don’t plan on living in the property, you should make an effort to maintain it until it’s time to sell. This includes cutting the grass, cleaning the gutters, watching for damage, and keeping the property in good condition. This helps to preserve its value and could make it easier to sell when the time is right.
Pitfall #3: Miscalculating the costs of selling the home
Many heirs don’t realize how much it costs to sell a home in Pomona, CA. At least 6% of your home’s final selling price is wrapped up in real estate commissions. There’s also the cost of making repairs prior to listing, fixing anything listed on the disclosures, and paying for part of the closing costs. Understanding these costs can help you price your home attractively.
Sell My House Fast in Pomona, CA!
Selling a home in probate is never easy, but there are ways to speed up the process. Call We Buy Houses Pomona, CA at 909-442-5782 to get a quick cash offer.