Losing your loved one can be devastating. The burden might be heavier as you inherit your parent’s home. You not only have to deal with the grief but also figure out what to do with the home where you had so many fond memories. Will you rent, move-in, or sell the house? Selling the home fast is the most popular option for many Canadians.
Selling your inherited home can be quite a hassle. You might be under pressure to return to your workplace within weeks, which makes it difficult to list it with a realtor. Alternatively, you can opt to sell your house fast for cash to home investors.
Here are four reasons to consider cash home buyers for your inherited home in Ontario:
1. Sell the Property in its Current Condition
Most home inheritances occur after the death of a parent or close family member, with the demise often being a surprise and less expected. With numerous funeral arrangement tasks to complete, you may not have the time or the funds to spruce up the home for sale. Your realtor may suggest that you undertake repairs to your home that may never provide any return. When you sell your house fast for cash, no repairs or upgrades are necessary. You get to sell the home ‘as is.’
2. Convenience
Selling a home fast in the condition that it is in means that you avoid expensive protocols and delays associated with the traditional realtor route. You may not have to conduct any staging. A home inspection will also be unnecessary. You do not have to stress about keeping the home clean and in good condition for the open house sessions. You can sell your house fast for cash with the least hassle.
3. Faster Closing Process
Your schedule may not provide you the luxury of extending your stay in Ontario. Listing on the traditional market can take you an average of eight weeks between the listing and closing dates. You can also ditch the realtor and sell your house fast for cash. As many as 58% of homeowners that prefer to sell their property without an agent complete the sale in less than two weeks. Most cash home buyers can close within a week, on a closing date that you desire.
4. Receive the Full Amount
Working with a real estate agent for your inherited home can turn out to be an expensive affair. You may have to part away with photography, listing, and staging expenses. Additionally, you may have to carry out expensive repairs to make the home attractive to buyers. Not forgetting that you will have to part with 3% to 6 % of the proceeds as commissions to the agent. When you sell your home fast to an Ontario home buyer, you receive the whole amount without any unnecessary deductions.
Get in Touch with Fast Ontario Home Buyer
Losing a parent can be a difficult moment for anyone. You may have to decide what to do with the property they leave behind for you. If you decide to sell, cash home buyers are a better option than listing with a realtor. Fast Ontario Home Buyer can help you dispose of your inherited property by providing a fair, instant cash offer with a closing date of your preference.