Second Home Blues. Is An Inherited Or Income Property A Cause For Bliss Or Stress?

Second Home Blues. Is An Inherited Or Income Property A Cause For Bliss Or Stress?


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We are all aware that, in life, there are a many situations that may leave a homeowner with a bad case of the second home blues. Sometimes we are left with no choice but to sell a second property quickly. When life happens, weather it is a  job relocation, death of a family member, retirement or any other situations that might leave you in the position of owning a house that you can’t live in or take care of; leaving you with the stress of not knowing whether your home is safe and secure.

 

How many of you have heard a neighbor’s nightmare story about their long awaited vacation interrupted by news of the flooded basement of their newly inherited property? Have you ever heard a member of your family or maybe a friend’s story of how their empty house had been vandalized or tagged with graffiti all because it screamed “I’m empty!” All it takes is the mail, newspaper, or packages pile up on the front door step. Or the house where the snow plow never comes, the lawn doesn’t get mowed, or the lights inside never come on!

Are you worried that selling your house through the traditional real estate channels could take months if it sells at all?  Sometimes selling a house via a real estate agent is just not the best solution for everyone. You might encounter several pitfalls when selling a house the traditional way, including having to clean up and repair the property so that it will appeal the potential buyers. However you won’t have to worry about the cosmetic condition of your house or make any repairs, renovations, or even clean up your house if you decide that the best option for you is closing the deal fast and sell your house for cash. Keeping a house up to date can be time consuming and costly and when you are selling a house through the traditional route you are the one responsible for making all the necessary repairs.
If any of the aforementioned sound familiar and you’re worried about unexpected events that could happen like: broken or leaking pipes, broken windows, roof damage, or simply if your lawn is being taken care of on a regular basis by the neighbor that offered to help you. Not to mention your worst nightmare: that someone has broken into your house and trashed everything.

In case you recognize one of the above scenarios and your busy schedule does not allow you to be a landlord, it might be time to consider selling the property, you could either consider fixing and selling it through a realtor or sell it fast and without any hassle, as is, to a cash buyer. It all comes down to weighing your options and figuring out which best fits your situation.

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