Discovering you inherited a piece of property in Lake Nona can cause various emotions. For some, it may be a welcome boon and something they look forward to acquiring. For others, a piece of inherited property may be more of a hassle and is something they want to get rid of.
If you’ve inherited property in Lake Nona, FL and aren’t quite sure what to do with it, we’re here to give you tips on what to do and even how to earn with your extra Lake Nona property.
Where Do I Begin with my Inheritance Property in Lake Nona?
Inheriting property can be a complex process. It’s important to seek legal advice from a real estate lawyer before making any decisions about what to do with your Lake Nona property.
Once you’ve spoken to you lawyer and the court has deemed you the rightful owner of the property, there are a number of things you can do.
What to Do with Inherited Property in Lake Nona, FL?
When you inherit property in Lake Nona, you have a few options. You can sell the property, keep the property, or lease the property.
1. Keep the Property
If you decide to keep the Lake Nona property, you will need to pay any outstanding debts and taxes associated with the property. You will also be responsible for maintaining the property.
2. Lease the Property
You can use the property as a source of passive income by having it rented out. If you decide to lease the property, you will need to find a tenant and draw up a lease agreement. You will be responsible for making sure that the tenant meets their obligations under the lease agreement.
3. Sell the Property
If you do not have the means or the time to keep another property, your best option may be to sell it. If you decide to sell the property, you will need to go through the probate process. This can be a lengthy and expensive process.
Is There a Way to Sell My Lake Nona House Fast?
Yes, there is! This involves selling to a professional cash homebuyer instead of through a real estate agent.
Rather than selling your inherited property on the market, selling to a cash home buyer in Lake Nona has plenty of advantages in terms of time and costs.
Selling your home on the real estate market is practically a waiting game to find an interested buyer despite the flaws in your home, especially if you choose not to have it renovated beforehand. With cash home buyers, however, properties sold as-is can receive a fair cash offer within 72 hours after scheduling a property viewing.
Whether the problem with your home involves major issues for essential features like electrical or plumbing, or if you haven’t had the time to clear the paperwork, reliable cash home buyers still provide offers as-is. With Kindred Homes, we buy houses in Lake Nona, FL as-is.
Another issue with listing your inherited property in Lake Nona is the risk of the deal falling through because buyers can’t get financing due to the state of your home. At Kindred Homes, we don’t need to apply for loans and pay with our own cash. This means we can buy houses at any state, close the deal, and transfer your money in as little as 14 days after accepting our offer.
Finally, listing your inherited home on the market without doing any repairs to it means getting below-market value offers, which makes you vulnerable to lowball offers – especially from buyers who want to take advantage of time-sensitive sales. Rather than accepting lowball offers, you can sell your home to Kindred Homes to receive no-obligation, fair cash offers.
Ready to Sell Your Home?
When suddenly faced with inherited property, you should weigh-in all your options to help you make the best decision with it. If you want to sell your house as-is in a quick sale, your best bet is to contact Kindred Homes to work with a professional cash homebuyer that you can rely on.
Kindred Homes is a professional cash homebuyer in Lake Nona, FL and we buy houses in Lake Nona, FL in any condition. From structural damage to properties in probate, we can handle the brunt of the home-selling process so that you don’t have to. Contact us today to schedule a property viewing.