5 Downfalls of Inheriting a House in Eugene

Often, homeowners will their house to beloved family or friends with the best intentions. But, while it may seem like a windfall when you find out that someone has inherited property, the realities are not always so wonderful. It can be beneficial to understand the problems that could arise on the path before you, so read on as we explore five downfalls of inheriting a house in Eugene.

Distance

If you live across the country, distance can cause issues when you’re inheriting a house in Eugene, especially if other beneficiaries are involved. It is helpful to set out a clear communication plan; with today’s technology and a little forethought, the process can be relatively simple. Working with a highly reliable local representative, such as a professional investor from Grand Real Estate Investments, can provide you with the assistance you need to take care of business, no matter where in the world you are located. The pros at Grand Real Estate Investments live and work here in Eugene and have a vast network of reliable local industry contacts for any need that arises.

Unified Decisions

Several people are often listed together on the will, and inheriting a house in Eugene can become highly complicated if you cannot agree on the steps to take with the property. Working with an experienced professional investor like those at Grand Real Estate Investments will provide the guidance you need to get everyone on the same page. First, each of your options will be detailed in full so that you’ll have a clear picture of the costs to retain the property during the months that a traditional listing may take what you would earn from a sale through a traditional listing. Next, we will lay out all of the numbers should you decide to sell directly to Grand Real Estate Investments and make you a cash offer, which you’ll agree is fair, especially considering that you won’t be paying commissions. 

Clean Out

If you are inheriting a house in Eugene, it can be hard to know what to do with all of the belongings left behind by your loved one. In some cases, people have had their homes cleaned out by family members or friends for them. Other times, they have tried to clean everything on their own before hiring someone else for help. When it comes down to it, getting rid of everything that was once important is not an easy task… especially if you don’t have much experience handling the situation beforehand. But who would keep all of those things? Where would you store them? How would you get them out of the house, to begin with? Are you ready for all of those expenses and responsibilities?

Expensive

Inheriting a house in Eugene means inheriting the monthly bills and responsibility for repairs and maintenance, along with any debt legally attached to the property. Unfortunately, few properties come to their beneficiaries in perfect condition. Often the home has fallen into severe disrepair, and overgrowth is now threatening the structure. Should you find yourself in a similar position, you should know that when you make a direct sale to a company like Grand Real Estate Investments, our professional investors buy houses as-is, taking all of the risks of repairs onto our shoulders.

Time

In many cases, financial obligations that accompany the property when inheriting a house in Eugene require a fast sale. Cash buyers often try to use this to their advantage, making insultingly low offers. However, you won’t be taken advantage of when working with a professional investor from Grand Real Estate Investments. Our offer comes with a guaranteed closing date without any pressure. At Grand Real Estate Investments, we have the flexibility to set the closing date around your schedule to make the sale as convenient as possible for you.

Are you inheriting a house in Eugene and unsure about the next step? At Grand Real Estate Investments, we will answer any questions or concerns to help you reach a consensus on an educated decision, with no obligation. Contact Grand Real Estate Investments today at 541-243-7237 to learn more.

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