You’ve inherited a home! Now what?
Good news – you’ve inherited a home! Very quickly, you have found that what was meant to be a benefit is a bit more complicated and challenging than how it appeared at first glance. As you make these new discoveries, it can feel pretty overwhelming. Fortunately, Maryland Homes Direct is here to help! We’re well acquainted with all the challenges inherited homes present, and we’re here to help walk you through it!
HIDDEN CHALLENGES OF AN INHERITED HOME
MAINTENANCE & RENOVATIONS
You may have inherited a ‘well-loved’ home with deferred maintenance that requires repairs and cosmetic updates to prep for a traditional sale.
MISSING WILL
There can be extra complexities if there is no will, which is a common problem – more than 60% of Americans do not have an estate plan.
BILL COLLECTION
Unfortunately, your inherited home does not come to you with no strings attached. Home insurance, private mortgage insurance, taxes owed, and inherited debt may be factors.
UTILITIES
You probably also inherited electric, gas, and water costs, which can be time-consuming to sift through and cost more than expected.
SORTING TIME
Often many personal belongings are left behind, which can require time to sort and remove from the home, especially if there is sentimental value attached.
TENANTS
You might even have inherited tenants, which adds a whole other layer to consider. Many individuals who inherit homes aren’t sure how to handle this tricky situation.
Selling directly to Maryland Homes Direct
Our passion is in bypassing the confusion and uncertainty to make selling your inherited home as simple as possible. Maybe you’ve tried to get an estimated sales price and found that hiring an agent can result in a commission as high as 7% of the resale price. Or you got a valuation using a website with an automated algorithm, but learned that can be unreliable. To receive an accurate estimate, you need the trained eyes of our expert appraisers, equipped with knowledge about the nuances of your home, neighborhood, and the inheritance process.
Decades of experience have made us market specialists, capable of determining the value of your property and repair estimates quickly and sensitively. If there’s a lot going on, we are also pleased to do an exterior assessment only. You should feel comfortable every step of the way, so we’ll walk with you at your pace.