Sell Inherited Property in Westminster
When you sell inherited property in Westminster it shouldn’t be a problem, but you need to be careful not to mess things up.
It’s obvious that the property in question belongs to someone who passed away. If it’s a house, for instance, you should be ready to give answers to people who will inquire if the deceased passed away while in the house or related things. If someone died in the house, some people might be afraid to buy the home, especially if the cause of death was through things like suicide or murder. If the house is also reportedly haunted, finding buyers might not be an easy task.
In fact, houses with such characteristics are considered stigmatized, but the good thing is that selling of inherited property Westminster doesn’t require you to disclose any of this information to buyers. However, in states like California, it’s imperative that you disclose this information if the death occurred within the last three years.
If you have an inherited property that you wish to sell, there are a number of things you need to do before listing the house up for sale, especially if the person died in the house or rather this was their home. Maybe you lost your mum and she was all alone in the house, which means the house still has got some of her stuff – some of which might be of significance to you.
So, before selling inherited property in Westminster, here are a few tips to help you prepare the house for selling.
Change the locks on the house
As noted, your mum might have been living alone, but she definitely had some friends and other people coming over, including yourself and your siblings. At this point in time, you don’t know how many people have keys to the house. The best thing is to change the locks to guarantee that it’s only you who has the keys to the house.
Forward mail to your address
Another thing to do is forward the mail to your address, be it personal or business. You will also need to keep an eye on the updates of the forwarding address annually for several years or else it will expire. Maybe someone will still try to contact the deceased and at least you can let them know what happened.
In addition to letting other people know what happened to your loved one, forwarding mail will also help you find out other details on creditors, subscriptions that need to be canceled and if there are any payments pending.
Find the financial documents
Before you sell the house, make sure that you fully search it because you never know what you may come across. Even though we have banks in the modern day, you might be surprised to bump into a stash of cash hidden in some strange places. Search the cabinets, drawers, boxes, saved files and any searchable thing in the house. If you come across documents such as the homeowner’s policy, will, insurance, bank account details, bill receipts, stocks and bonds, letters and other personal documents, put them aside because most of them might be needed somewhere along the way.
While at it, also make sure all personal belongings are sorted, which should help you determine the items you will keep, those you will donate or sell and those that will be thrown away. Furniture, wall hangings, window and floor coverings and all other stuff should be removed.
Pay any unsettled bills
Through these documents, you will be able to find out some of the bills the deceased owed. Whether it is the mortgage, maintenance, or utilities, make sure they are all settled before you sell inherited property in Westminster.
Call Denver Property Flip
Once you have gone through the entire house and sorted everything out, the house should be looking great and ready for sale. This is the time you need to find a potential buyer of the property, a task that can be daunting. You have the option to find buyers on your own, but you can also enlist the services of a real estate agent.
If you are looking for a quick sale, Denver Property Flip is the company to call. We are a real estate investor that buys houses for cash, including inherited property.
We’ll help you sell inherited property in Westminster by providing you with all of your options, including a quick close cash offer. Call us now at (720) 370-9595.