What We Mean by Any Condition
An inherited property is like a garden you don’t have time to tend. Problems, like weeds, grow uncontrollably. The home loses its appeal and value, and some even see it as a nuisance. If you don’t have the means to manage an inherited property, selling is always an option. We make it easier at HomeVisors Collective.
We’re your trusted cash buyer, ready to offer a seamless process if you want to sell your property quickly and without any hitches.
Problems and Challenges With Inherited Properties
Inherited properties may seem like a blessing at first. However, those who don’t use the home as a primary residence will soon encounter issues related to maintenance, property taxes, and other aspects.
Costs of Maintenance and Repairs
In the U.S., the average home maintenance cost is $6,548 annually. If you own another property, you’ll need to shell out around double this amount or more. Many don’t have the funds for this additional expense, prompting stricter budgeting or even financing.
Property Taxes
Connecticut’s current property tax rate is 1.48% of the house’s fair market value. If you inherited a $450,000 home, you’ll need to shell out $6,660 to pay for these taxes. Otherwise, your county will put a tax lien on your property and sell its title at an auction. Many people won’t have the resources to pay $6,660 in taxes, especially when they’re already paying for their main residence.
Vandalism and Neglect
An unoccupied inherited property is more prone to issues like vandalism, theft, and neglect. These issues not only diminish the value of the real estate asset, but you may also face negligence penalties for creating a public nuisance.
Connecticut
The Emotional Toll on the Family
More than the financial issues of inherited properties, there’s also the fact that they can cause emotional conflict among heirs. There may be disagreements on who gets to own the home, especially if there wasn’t a clear will. In other cases, an inherited property may hold too many painful memories. Managing the asset can become a constant reminder of the loss and grief. As such, selling the property becomes a viable option to begin moving.
Do Your Family and Self a Favor: Sell Your Property for Cash Fast
With the issues you may encounter after inheriting a home, selling the property quickly becomes an appealing solution to ease the burden. A traditional home sale in Connecticut won’t give you the speed you’re looking for, especially since the median days on the market is currently 46 days.
Working with a cash buyer like us is the best strategy if you want a quick and easy transaction. We provide competitive cash offers that, once you accept, allow you to close the sale in as little as a week. No need for repairs, marketing, or listing. We make the process as easy as a retail transaction.
We Buy Houses In Any Condition
What We Mean by Any Condition
HomeVisors Collective buys homes as is, regardless of their current state, attached legal issues, or existing tax liens. If your house has the following problems, count on us to proceed with the sale.
- Fixer-Uppers: You may see potential in a property but don’t have the funds for it. We can take the asset from your hands and help it reach its full investment potential.
- Damaged Homes: Our team provides competitive cash offers even if the property has water, fire, or termite damage.
- Needs Repairs: We won’t require you to make any extensive repairs before the sale.
- Dirty: You don’t have to clean the filthy sections of the home before we provide a cash offer.
- In Bad Shape: HomeVisors Collective buys properties even if they’re in bad condition or close to being condemned.
- Vacant Land and Houses: Make use of vacant property by accessing the equity through a home sale.
- Cracked Foundations: We buy homes even with existing foundation issues.
- Death Estates: Managing the property of a deceased loved one can be expensive. Sell the house to us instead.
- Trash Filled: Don’t expose yourself to health hazards by cleaning trash-filled rooms. We’ll take care of this step after the sale.
- Bad Rental Property Tenants: We help tired landlords ease their burden by purchasing rental properties, even with problematic occupants.
- Abandoned: Avoid the negligence penalties and property taxes through a cash property sale.
- Manufactured Homes: We also buy mobile and manufactured homes, such as RVs and single-wide and double-wide trailer homes.
- Hoarder Homes: We won’t ask you to get rid of the accumulated stuff before finalizing the sale.
- Renovations Gone Wrong: No need to repair botched renovations before the sale. Our team will purchase the property regardless.
- Rundown Homes: Even if the property seems to be unsalvageable, count on us to make a competitive cash offer.
- Code Violations: We won’t require you to address expensive code violations.
CT’s Best Cash Home Buyer
Get a Cash Offer Based on Your Home’s Current Condition
Our process is easy and convenient. To get a cash offer, send details about your property using our online form. Based on our assessment, we will evaluate the home’s current condition and provide a fair cash offer. If you accept the cash offer, we can proceed to closing the sale. Choose your own date. We’ve closed home sales in as little as seven days in the past, eliminating the delays and hassles of a traditional real estate sale.
Ready to learn the current value of your Connecticut property? Contact HomeVisors Collective for a free instant cash offer today.
Read About Us
HomeVisors Collective has helped many Connecticut homeowners, giving them the tools and options to easily sell real estate. Learn about our story and solutions to see why we have remained a trusted team for many years.
