5-Tips-to-Help-if-You-Have-Inherited-a-Hoarder-House-in-market_city-.png

5 Tips to Help if You Have Inherited a Hoarder House in Indianapolis

While the news you’ve inherited a house may sound like a windfall, you may have an entirely different perspective if you should discover you’ve inherited a hoarder house. Inheriting a house from a hoarder brings a unique set of considerations. Hoarders assign value to possessions that no longer serve them and fill their homes with these items. In addition, these homes pose a fire hazard to the surrounding properties and any occupants, with exits challenging to reach and health risks because they attract rodents.

While your loved one may have had the best intentions in leaving you their house, unfortunately, when you have a hoarder house on your hands, you may be overwhelmed by the amount of work ahead of you. So read on as we explore these five tips to help if you have inherited a hoarder house in Indianapolis.

Take Up Residence

Our first tip if you have inherited a hoarder house in Indianapolis is to consider taking up residence. However, moving in is not so easily accomplished with homes in this condition; you’ll have to ready the house, including the clean-out and repairs. In addition, it can be tough to assess the condition of a property when piles are lining every available space from floor to ceiling. Suppose you aren’t interested in living in the property. In that case, you can forget about making the repairs and doing the prep work or passing an inspection by selling directly to a local cash investor like those at Simple Cash Offers. A cash investor from Simple Cash Offers will buy your hoarder house as-is for cash.

Rental Property

Another tip if you’ve inherited a hoarder house in Indianapolis is to consider making it a rental property. Being a landlord means you’re now in the real estate investing business and dealing with people, so it helps to be a people person. Owning an investment property requires following all local, state, and federal laws concerning tenants; missteps in this area can be extremely costly. Additionally, you should establish a stringent tenant screening process and ensure you keep your documents and records organized to realize the full potential of any tax benefits. You should also be prepared to respond promptly to emergencies, night or day, when your tenants call. Cash investors like those from Simple Cash Offers work with top-notch property managers who can help you avoid the costs of undesirable tenant placements.

Selling

If you’ve inherited a hoarder house in Indianapolis and decide to sell the property. In that case, one of the cornerstones of conventional real estate sales is the showing process which requires sellers to prepare the property to sell for the highest possible profit. Or perhaps you’ve thought of prepping the house, listing it as an FSBO, and selling it yourself to save the real estate commissions. However, there are many reasons FSBO sales rarely work out in favor of the seller, such as limited marketing and a failure to properly screen buyers among them. So our next tip is to sell by working with local cash investors like those at Simple Cash Offers, who will buy your hoarder house, paying you a fair market value without charging any real estate commissions.

Holding Costs

Suppose you inherited a hoarder house in Indianapolis. Another tip is understanding the costs of holding the property, such as the mortgage, taxes, insurance, and utilities, adding a financial strain to your life. Additionally, there is the emotional cost of losing precious time with family and friends as you take on the monumental task of digging into the piles and cleaning the house. It may be worthwhile to hire professionals to take on the job. However, if you’re under a time crunch or the financial burden is too much, and you want to sell, a cash investor like those from Simple Cash Offers will provide you with a guaranteed closing date, with no closing costs in just days.

Simple Cash Offers

If you inherited a hoarder house in Indianapolis, a direct sale to a cash investor at Simple Cash Offers is the best tip. A cash investor from Simple Cash Offers will walk you through the process, taking the time to listen to you and answer any questions or concerns you may have without any obligation. If you’d like to know what you could profit from listing vs. a direct sale, start with a cash investor from Simple Cash Offers. At Simple Cash Offers, our policy is full transparency because we want you to feel good about working with us long after the closing. The cash investors at Simple Cash Offers will lay all the numbers on the table, detailing the expenses and profit of each sales method so you can make an educated decision about what works best for you. If you have inherited a hoarder house in Indianapolis, why not talk to one of the cash investors at Simple Cash Offers today? Call Simple Cash Offers at (317) 245-4345.

Simple Cash Offers

Don’t hesitate! With competition still driven by low supply and rising interest rates on the horizon, now is the time to cash in on your house, and the best way to sell your house during bankruptcy in Indianapolis is to sell directly to the cash investors at Simple Cash Offers. Our policy at Simple Cash Offers is full transparency through every step of the process because we want you to decide which sales method works best for your situation. To that end, a cash investor from Simple Cash Offers will detail your expenditures and potential profits from a conventional listing with an agent, vs. our offer, which you’ll agree is fair. At Simple Cash Offers, we do this because we are your neighbors here in Indianapolis, we care about our community and the people in it, and we want you to feel good about working with us long after the deal is closed.

The seasoned pros at Simple Cash Offers have experience with sellers going through bankruptcy and have the solution you seek, providing you with a guaranteed closing date, charging no commissions or closing costs with no unpleasant surprises. If you’d like to avoid the work and out-of-pocket costs of prepping your house to list on the Indianapolis real estate market, a direct sale to the cash investors at Simple Cash Offers is the solution. The cash investors at Simple Cash Offers never charge commissions, and there are no hidden fees. So you can put your wallet away and relax; you won’t even need to worry about showings when you make a direct sale to a cash investor from Simple Cash Offers. For a no-hassle sale of your home during bankruptcy: a cash investor from Simple Cash Offers will buy your house directly, as-is, for cash. Call Simple Cash Offers at (317) 245-4345.

Are you thinking about selling your house?

If you’re thinking of selling and are exploring your options, consider selling directly to us. If you don’t want to go through the hassle and headache of selling to the market then we might be able to help.