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Inherited a property? Sell a probate property fast. Thu, 12 Dec 2013 16:32

Are you selling a probate property? For most people, becoming the recipient of a probate property is a double-edged sword.

It can often mean that a loved one has died, but this is bitter sweet, because the person who inherits the property potentially stands to make a significant amount of money if they choose to sell it.

Probate properties are often left to multiple family members, meaning that they have to be sold to realise the equity to each member.

When an elderly or infirm person dies, the property can often be in need of modernisation or refurbishment, and family members may not want to spend money on the property to get it into a marketable condition (for the open market).

The property may also have "emotional" connections, making it challenging for family members to deal with it.

Furthermore, when someone dies and the property is left empty, it can lead to financial and additional worry.

Empty properties can attract squatters, damage, and asset theft, such as removal of roof tiles, copper piping, fixtures and fittings, and even full bathroom suites.

Empty properties also now also attract Council Tax and will require specialist insurance.

One way to quickly deal with a probate property is to sell it to a cash buyer of property.

This allows a clean fast break from the property and for family members to know when a cash lump sum will arrive in their bank account.

Richard Hill, Founder of Dream House Buyer is keen to point out that holding on for a market value for a probate property can often be a false economy:

"Probate properties are often in need of modernisation and the feeling of an empty property where the owner has died does not make for a great viewing experience.

Estate agents typically charge 2% plus VAT and will, on occasion, give over-inflated values to get your business.  

At Dream House Buyer, we are very mindful of the emotional circumstances surrounding a probate property, and endeavour to offer a sensitive and quick service so that family members can get on with their lives.

We take properties in any condition, and can even arrange removal of furniture and personal items, again giving family members one less painful task to take care of.

We are cash buyers, and will buy any property - in any condition - anywhere, regardless of the size or value. We buy flats with short leases, and property with sitting tenants too". 

Dream House Buyer is a family owned property buying company that considers all types of property, and we buy property with sitting tenants too, regardless of how long they have been your tenants.  We will make an instant cash offer for any property in the UK, regardless of the size, location, condition or value.

We will buy any property that you might consider a problem - including property with sitting tenants, flats with short leases, problem tenants, unmortgageable and structurally damaged property.  We also buy ground rents and portfolios. If you think we can help, then please invite us to make you an immediate cash offer for your property.

Contact us on 0800 1577 497 or email us info@dreamhousebuyer.co.uk

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