Selling Inherited Property: How To Sell An Inherited House?

Sell Your Calgary House Directly To Family First House Buyer Without Listing Fees & Open Houses.

Yes, it can really be that easy. Our goal at Family First House Buyer is to make this the easiest way to sell your house in Calgary. See if it’s a fit for you below and get your offer today!

First, we’re so sorry for your loss. This can be a very challenging time for many reasons, and dealing with property ownership is tough at the best of times.

You’re thinking, “I inherited a house, what to do with this house?” Should I rent it? Should I sell it?  How should I sell it?

Tons of options open for you, but…

… we can help.

We’re seasoned investors in Calgary real estate, and we’re looking to buy several houses each month in the Calgary Alberta area. Every month we get calls from those who have inherited a house and are looking to sell the house… so the info below are some tips to help you navigate the process.

I Inherited A House, What To Do Next?

Here’s a few important considerations to help you make the right decision:

1) Make sure the mortgage is paid.

This may sound obvious, but if the person who left you a property also had a mortgage (unless it had no mortgage and was paid off, which is great!), you have to pay it (assuming you want to keep the property). Some banks will allow you to assume the loan, while others may force you to refinance into a new loan. If you don’t qualify for a new loan, renting may not be an option for you.

2) The investment is only as good as the manager.

If dealing with brokers, maintenance, tenants, rent collection and all the nuances of property management isn’t the best use of your time, hire a professional to help you or cash out now.  Some people who inherit homes decide to keep the house and rent it for extra income. That’s a great strategy for sure. You just need to be prepared to manage the property and the hassles that can go along with tenants and toilets.

3) Property ownership costs money.

It’s rare to see a building that’s been perfectly maintained. Most inherited houses need major improvements.

Consider hiring a professional property inspector to give you a detailed rundown on what you’ll need to do within the next five years, along with estimated costs. Surprises are very, very expensive.

4) Selling a property for top dollar costs money.

If you don’t want to deal with making repairs, updating kitchens, improving landscaping and overall cleanup, don’t worry. We buy Calgary houses for cash, as-is.

5) If the market will continue to grow faster than your other options, hang on to the investment.

We can help you analyze the value of your property today versus the long-term benefits of renting. If you can use the equity in your property in another way that outpaces the performance of the real estate market, you should. If you don’t have anything better to do with the money and the neighborhood is rising in value, hang on – real estate can be a great investment if you know how to correctly read the market.

6) Uncle Sam wants a piece of the action.

Don’t forget to discuss your inheritance with tax and legal professionals before you take action. There are major property and income tax consequences that will dramatically impact the cost of owning your investment.

7) Consider all your options.

In certain situations we may be able to help you structure a lease-option agreement that allows you to rent and sell at the same time – capturing the best of both worlds. These kinds of deals can be complicated, but our investment experience can help you win.

8) Compare a few scenarios.

We’ll help you determine prices for any property near – if you sold it today without doing any work, the highest price the market will bear, and the projected value of keeping it as a rental (along with the costs).

The Calgary Sellers We Can Help The Most Are Often In One Of These Situations…

If you answer “yes” to any of these questions below, let’s chat!

Check out how our process works, how it compares to listing with a local real estate agent, and reviews from other clients who have worked with us here in the local area.

If you want to sell your house, just fill out the quick form below. Or give us a call right now at (403) 879-7935.

So Who Is Family First House Buyer?

Family First House Buyer is the Calgary area’s most respected house buying service. We are a highly experienced home buying team that is focused on helping homeowners like you to sell your house fast, without any hassle, games, or fees, and we’re committed to delivering this service with transparency and integrity throughout the entire experience.

We buy houses all over the country, including Calgary and surrounding areas. We know the area, which means our home buying team can help you sell your house fast no matter where it is or what condition it’s in (and even if there are tenants).

Again, we’re not agents who are trying to sell your house to others. We are professional house buyers, which means we have our own cash and are ready to buy. We can even make you an offer on the spot. Once we make you an offer you can choose whether or not you want to take that offer (and you can even shop it around if you want, talk it over with others, and think about it before deciding). We have a strict no-pressure policy, and our many previous clients love it and are proof that it works.

Can I stop or avoid foreclosure by selling my house?

Yes, in many cases. When you sell your house it stops foreclosure and may help save your credit. Download our “How To Stop Foreclosure” free report for more information.

Call Us Now at (403) 879-7935 or fill out the quick form below to get started.

What People Are Saying…..

It was very Pleasant! Dustin’s very easy to work with!

It was very Pleasant! Dustin’s very easy to work with!

I wanted to share an experience I had dealing with Dustin and Chris from Family First.  They had approached me regarding a special project and inquired about getting assistance with financing, In terms of getting a small loan, and I obliged. 

It was advised that I would receive the funds back in a month once they had things in place.  Going above and beyond, they promptly returned the loan 3 weeks later, making the transaction hassle free.  

This level of integrity is a rare thing, and it showcased the high principles and virtues they hold in their business affairs, that I wouldn’t hesitate in any further assistance if needed for Family First House Buyer.

Sincerely 

Genie Pardy

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About Family First House Buyer

Family First House Buyer specializes in offering cash for houses in Calgary, Alberta. What sets us apart is our extensive network of local real estate investors who are actively working in each market. This enables us to provide you with the best possible cash offer for your property. If you're looking to enjoy the benefits of a fast and hassle-free home sale, along with a competitive cash offer from a trusted local buyer, we are here to help. Simply fill out our form to get started and experience a seamless process tailored to your needs. Family First House Buyer is dedicated to ensuring a smooth and efficient transaction for homeowners like you. If you're seeking the advantages of a quick, cash sale for your home and desire a generous cash offer from a local buyer in your area, simply complete our form to begin the process. We are committed to offering you a streamlined and efficient experience.

We’ll Make You An Offer Within 24 Hours.
You Decide If It’s A Fit or Not. It’s That Easy And Stress-Free

Fill out the quick form below to get an offer on your house TODAY!

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