Sometimes, when people inherit a house, they either want to or need to sell the house quickly. Sometimes this is needed to settle an estate so that the Executor can distribute the proceeds to the beneficiaries quickly. Sometimes it's because there are some debts that need to be paid off quickly. And, sometimes, the loss and grief is so severe that the family members need to move on an put closure on that grief.
It's never easy when you lose a loved one, and it's often harder when you have the house as a constant reminder of that loss. And, of course, there is a cost to keeping and maintaining the home. The longer you hold it, the more it will cost you (in real estate taxes, insurance, utilities and other maintenance costs. In fact, we found that on Long Island, the average cost for holding onto a home (or having it on the market) is close to $20,000 for every 6 months. And, as it turns out, the average time on market for Long Island is currently 6.5 months. (And, of course, that's once the house hits the market. It may easily take 3 to 6 months to clear out the house and prepare it for the market).
These extra carrying cost can reduce the inheritance, so the faster you can sell the house, the faster you'll get the proceeds and the more you'll get.
If you are in a situation where you need to sell an inherited house in West Islip fast, your best bet is going to be a cash investor. A cash investor can buy the house "as is" even if there is a lot of deferred maintenance and repairs that need to be made. And, they can buy your house much faster than the traditional process of working through a real estate agent and putting your house on the market.
We here at Long Island Cash House Buyer LLC help homeowners on Long Island sell their house super fast. In fact, we can close in as little as 2 to 4 weeks. If you have an interest in selling your West Islip house for cash and fast, we can help.
Let us help you.
Contact us Today!
Richard Witt
(516) 330-6940
