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Have You Inherited A Mess?
You thought that inheriting money and property was going to really help you out. But now?? You realize that you’re having to pay two mortgages… You have to spend every weekend at the house just to maintain it… You have to throw away DECADES of junk that was stored in the house… You have to fight with your siblings just for what’s fairly yours… All of that just to spend 8+ months fixing up the house and listing it to make a sliver of money.
Are you ready to spend months working on this property? You, the hardworking provider of your family, have to now split your time between your family and this property. Every free moment you get is spent dealing with this house.
Do you really have tens of thousands of dollars to spend on fixing this house up? What happens if you tie up all of your money into fixing this house up just to lose your investment on the back end?
Now you are going to put all of this time, effort, and money into the house just to barely make anything when you sell it – unless you discover the secret that Realtors won’t tell you so that you can save tens of thousands of dollars when you sell your house.
What Happens When You Inherit A House?
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44 percent of attorneys, trust officers, and accountants cited family conflicts as the biggest threat to estate planning.
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Property taxes, homeowners insurance, heating, electricity will make a huge dent in your finances.
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Complete home renovations average $40,000 to $60,000.
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Your Realtor will make you renovate the property to list it.
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You will have to clean out the house and make it spotless to list.
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You will have to pay your mortgage and the one you just inherited.
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Take 100 families at the start of the probate process and follow them throughout until they sell their house and here’s what you’ll find, according to the Fair Housing Authority: only 1 will list the house immediately and make a windfall of money, 4 will sell their house in as-is condition and close in 30 days, 36 will spend months and tens of thousands of dollars doing renovations to make an average of $7,739 after selling through a Realtor, and 54 will take so long debating with siblings that by the time they make renovations and sell the house, they have lost money – causing them to come out of pocket to fund their inheritance. That’s 5 percent successful, 95 percent unsuccessful.
Are you going to be the 95% of people that lose their hard-earned money or barely scrape by… That spend months managing contractors… That constantly fight with their siblings… That put off cleaning out their loved ones’ belongings… That pays for two mortgages for more than a year… That has to mow, clean, and maintain the property for more than a year… or are you going to take a stand?
Be the 5% that successfully sell their homes without the hassle and get to pocket some money. Show your family that, even though you are going through tough times, that you still are your family’s rock and can make the best decisions for them. Show them that you can be counted on.
