We're Here to Help
We understand that selling a home or commercial real estate assets after a relative’s death is hard and complicated in many ways. It’s often the largest and most complex part of resolving the estate. If you are an executor, guardian, conservator, or other fiduciary facing these decisions, you may be aware that quickly removing the burden of inherited property is often one of the most difficult of all the financial challenges in closing out an estate. We are here to help ease the financial burden of the property and inheritance tax to expedite proceeds between beneficiaries.
Our Sales Methods
Love Real Estate & Auction Company will sell residential and commercial inherited real estate utilizing the traditional sales method, the auction sales method, or our hybrid sales method. However, the traditional sales method can take months or even years to complete. The accelerated process of real estate auction allows beneficiaries to sell their property quickly, typically in 30-45 days, with lower sales cost, no contract contingencies, and selling the property in “As-Is” condition at market price.
Managing the Estate
Managing an inherited estate after the death of a loved one often involves dealing with several complex financial decisions. If you are an executor, guardian, conservator, or other fiduciary facing these decisions, you may be aware that quickly removing the burden of inherited property is often one of the most difficult of all the financial challenges in closing out an estate. The longer it takes to sell an inherited property, the longer the beneficiaries will have to incur all the carrying costs that will result in decreasing the net proceeds from the sale of the property, ultimately impacting the overall value of the estate and net profit the beneficiaries will realize.
If the estate property is vacant, it is important to recognize that the property will deteriorate very quickly and drive any potential sale price down. The cost to carry a vacant property while it is deteriorating will also drive the potential net proceeds from a sale down 20%-30% annually. Therefore, vacant properties must be sold quickly to preserve the value.
Vacant properties are also prone to break-ins and vandalism. A small maintenance problem, such as a leaky toilet, in a vacant property, can turn into a flood resulting in major damage and a huge cost to repair. It is imperative to sell a vacant property quickly to preserve the heir’s net proceeds from a sale.
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Professional Property Evaluation
Love Real Estate & Auctions is the right fit for your situation, and we will personalize an accelerated marketing campaign dedicated to getting your inherited real estate sold quickly at the highest possible price. You will not have to worry about taking care of the small details, our team will be here to market and sell your real estate and answer any concerns you might have during the process.