If you ever went through the house selling process, you probably know how difficult, stressful, and overwhelming it can be. It’s a huge endeavor that can get even more difficult when selling your parents’ house in Goldsboro. You will need to prepare yourself as well as the house in a different way and handle a whole set of other issues besides the home sale. But, there’s no need to worry – we’ve prepared a quick guide to help you avoid home selling mistakes and sell your parents’ home quickly.
Potential scenarios for selling your parents’ house in Goldsboro NC
The home selling process is different in case you’re parents are alive but somehow incapacitated and if they have passed. Further in this article, we’ll explain these differences in detail.
If your parents are alive but somehow incapacitated
If your parents, or one of them, are moving to a nursing home or with you or your siblings, you will need to get power of attorney before listing their home for sale. In case your parents are still able to make decisions, getting this document is very easy. However, if they aren’t capable anymore, you first need to apply for guardianship.
If your parents are moving somewhere else and left you in charge of their property, make sure to be there to help them with their move. Besides helping them pack, assist them with choosing the right moving company. Before they sign the moving contract, make sure to read everything carefully and ensure your parents are getting the service they signed up for. Given that they’re elderly, you can never be too careful.
If your parents passed away
If your parents passed away and you inherited their house, keep in mind that you will not be able to simply sell it fast after listening to an official reading of your parents’ will. Unfortunately, that scenario is only possible in movies.
Instead, you’ll first need to establish the status of your parents’ estate and resolve any potential inheritance disagreements. If your parents didn’t leave a will, which happens quite often, you’d need to go through probate, which can take some time. On the other hand, if you inherited your parents’ house via a living trust, it’s very simple and easy to sell it for cash to a cash home buyer.
Selling your parents’ house fast for cash in Goldsboro NC
After you’ve gathered the necessary documents, either by getting power of attorney or by inheritance, you’ll officially be allowed to sell. Here’s what you should consider when selling your parents’ house in Goldsboro, North Carolina.
Selling your parents’ house as is for cash
When selling any property quick, your goal is to find the best and most reliable cash buyer in North Carolina. Therefore, the best way to ensure you achieve this is to sell your parents’ home as is to a cash buyer.
This way, you’ll avoid many hidden costs sellers face and having to invest your time and money into repairs and home staging. On top of this, this process is much quicker, and you won’t have to worry about waiting too long to find the right cash home buyer. It’s a very simple way to avoid the hassle and stress of selling your parents’ house in Goldsboro an open market.
Stage your parent’s home
If you decide to go the long way to sell your parents’ house and hire a real estate agent, you need to make sure to take additional preparation steps before listing it. One of the best ways to ensure you’ll sell your parents’ home fast in Goldsboro is to stage it, and this is one of the most important parts of the home selling process. As you want to attract as many buyers as possible, you want to make your parents’ home look its best.
Here are some simple ways to stage your parents’ home you’re selling:
- Declutter – Make sure to clear out your parents’ home before listing it. It might be an emotional experience for you, so make sure to invite a friend to help.
- Repair if needed – Another important thing to check is if everything is in working condition. Make sure to have everything fixed before listing your parents’ home. Besides making the house more attractive, it can also help you boost its value.
- Increase the curb appeal – Probably the most important part of the staging process is boosting the curb appeal. The first impression is everything in real estate. Therefore, make sure that the house is spotless on the outside.
- Repurpose the rooms – If your parents lived alone in your family’s home, chances are they have a lot of unused space. Make sure not to leave it like that. Instead, stage each room so that it has a purpose. For example, create a home office or a game room.
Set the right asking price
Lastly, it’s time to set the asking price. In case your scenario is guardianship, the usual pricing process happens. Based on comparable properties and market conditions, the real estate agent will identify fair-market value in Goldsboro.
If your parents are deceased and didn’t leave a will, the house will be subject to the probate process in North Carolina. A probate referee will appraise the house, and the final sale price will need to be within 10% of that. Alternatively, a probate real estate agent can prepare a market analysis with you. After that, you can both suggest a pricing strategy for the property.
It could happen that the recommendation from the market analysis is lower than the probate referee’s assessment. In that case, you’ll have to list the property at the recommended probate price. Unfortunately, this could delay the sale. But if that happens, your real estate agent must request a new appraisal before being able to cut the price.
The bottom line when selling your parents’ house in Goldsboro
Even though you’ll have to arm yourself with patience, we’re sure that if you follow our advice, selling your parents’ house in Goldsboro NC will go smoothly. With the right cash home buyer in NC and a few extra tricks, your sale will be completed in no time. All that is left for us now is to wish you the best of luck!
If you would like to chat with us about selling your house in Goldsboro NC, please contact us today for a cash offer! Click here.