When siblings inherit a home from their parents, it’s not uncommon for complications and disagreements to arise. It can be helpful to learn about the possible issues and how to deal with them, or even avoid them altogether. Dividing and dealing with an estate among two or more siblings, can be challenging for anyone, even more so at such a highly emotional point in life. So read on as we explore why inheriting a home in Lafayette Louisiana can be a hassle for siblings. Please keep in mind that this article is intended to be for informational purposes, not financial or legal advice.
Condition Of The Home
One of the most significant reasons why inheriting a home in Lafayette Louisiana can be a hassle for siblings is the physical condition of the home. If repairs are needed, the process of getting estimates and ensuring timely and proper completion of work can be a hassle. In addition, the expense of making improvements and/or repairs can be costly. Often, siblings might not have the time or finances required to take on repairing the inherited property. If you find yourself in this common situation, a direct sale to a professional like us here at Homebuyers Acadiana can provide a solution to the burden of dealing with the home because we buy homes in as-is condition. We Buy Houses in succession in Louisiana and have purchased several of these here in Lafayette Louisiana.
If there is remaining debt associated with the property this could be another reason why inheriting a home in Lafayette Louisiana can be a hassle for siblings. Whether there is still a mortgage on the property or multiple liens, instead of the inheritance being a windfall, it may be a financial burden, and selling the property directly to a local professional buyer may be your solution. Professional buyers like those at Homebuyers Acadiana work with the power of cash to offer quick financial relief from existing debts. The amount of our offer is the amount of cash you receive, if we buy your home, we never charge commissions, and there are never any hidden fees.
Cooperation Amongst Heirs
A lack of cooperation is another reason why inheriting a home in Lafayette Louisiana can be a hassle for siblings. One or more of the siblings often make promises to handle responsibilities for the property, and they fail to do so. We have worked with several families here in south Louisiana and can help to find a solution that works for everyone Working with professional buyers at Homebuyers Acadiana can ease some of the pressure and complications and bring everyone to a consensus on your inherited property’s best course of action. Our goal is to make the process as smooth as possible, and we can even arrange to clean it out for you to avoid the emotionally difficult process.
The local professional buyers at Homebuyers Acadiana and their full-service in-house team have what it takes to make inheriting a home in Lafayette Louisiana easy for siblings to handle. We want you to feel good about the deal you make with us long after closing, we are happy to answer questions and discuss questions about our process without any obligation from you to sell to us. Directly selling your property in Lafayette to a professional buyer at Homebuyers Acadiana will help you avoid unnecessary hassles and frustrations and cost you nothing out of pocket.
Call us at 337-245-1650 and we will be happy to come out and talk with you.