If you have inherited a home in Jacksonville, Florida and are unsure about what to do with it, you are not alone. Over 6 million homes have been sold in the U.S. annually since 2015, and selling a home can be a challenging task, especially when unexpected.
However, we can make the process easier for you. We are local Jacksonville FL home buyers and offer cash for homes in the area. Let’s discuss some simple tips that can help you sell your inherited home in Jacksonville FL.
4 Simple Tricks to Sell an Inherited Home:
While it is not too complicated of a science, selling an inherited home can be a burden on the living. Luckily, the process can be made easy with a few very simple steps.
Know the Laws:
Inheriting an estate may have tax implications, and it is important to keep some things in mind. Although Florida does not have an inheritance or estate tax, the federal government does.
However, it is very unlikely that you will be subject to this tax unless the estate is valued at more than $11.8 million dollars, in which case the estate tax could be applied at up to 40%. Given that the average cost of a home in Florida is around $200,000, it is unlikely that you will exceed this threshold.
However, if you do, it is recommended that you seek legal advice to understand what is owed.It should also be noted that if you decide to sell the home, it will still be subject to capital gains tax. But don’t worry, we have got you covered.
Clean Up:
Please note the following instructions when cleaning out your home before selling it. First and foremost, ensure that you only remove items you no longer need, and keep all personal belongings or anything of sentimental value elsewhere.
For furniture and other furnishings that are in good condition, it is advisable to keep them in the home. This will provide potential buyers with more options if they are looking for furniture or want to visualize the layout of the house.
If you don’t want to keep the furniture, you can sell it to a trusted company, and they will take care of the rest.
Take Pictures:
For better results in selling your home, take high-quality photos of both the interior and exterior of the property, as this will increase inquiries and attract potential buyers.
Sell For Cash:
Selling your property to a trusted real estate business for cash can help you save money. You won’t have to pay a realtor’s commission, do a lot of cleaning or spend money on renovations.
This option is ideal for people looking to sell their property quickly without investing in time-consuming repairs or renovations.
Next Steps:
If you have inherited a home in Jacksonville FL and want to sell it, it is best to seek the assistance of professionals who can guide you in the process and help you get the cash you deserve. We have a trusted team that can give you the cash you need for your home today, so you don’t have to worry about it any longer.
You might think that selling your home could be a lengthy and complicated process, but we believe it is possible to sell your home in just a week.
Sell My House in Jacksonville FL
If you are looking to sell your house in Florida quickly, then we can assist you. At 123SoldCash.com, we are local homebuyers in Jacksonville, FL, and we strive to help local homeowners sell their properties quickly and without any hassle. If your Jacksonville house is eligible, we can offer you a quick and fair cash deal.
If you have any questions or need more information, please do not hesitate to contact us at (786) 904-1444 or fill out the online form, and we will get back to you as soon as possible.