Auctioning a House vs. Sale By Owner
When you’re ready to sell your home, it’s important to consider all your options. You could sell on the traditional market and go through the standard process of listing your home, waiting for potential buyers to contact you, and negotiating a deal. Or you could consider selling your house at auction for a quicker process that’s often less hassle.
These two routes differ in a few significant ways, which is why it’s important to understand both the sale by owner and auction process. In this article, we’ll review both routes for selling your home to help you determine if the traditional methods or a home auction is the best fit for you.
How to Sell Inherited Land
When you’re listed as the beneficiary on your parents’ or a family member’s estate, a few things probably go through your mind. You might be able to live in their home one day or use it as a rental property. Maybe they have a car or two you’re interested in selling. What you might forget about is the inherited property.
Especially when farmland is involved, inheriting a home means inheriting the property it sits on too. So when your loved one passes away, you become a homeowner and a landowner. The only problem is, you might not want to keep any of it. Suddenly you need to figure out how to sell land for the best price.
There can be some unique tax rules and regulations when working with inherited land, so we created this guide to help you navigate the basic steps of selling an inherited property.
5 Most Important Tasks When Settling an Estate
Settling an estate is a stressful process. You might feel overwhelmed by legal documents or confused about the next step to take. Add the fact that most estate settlements take up to six months (and some longer), and it’s easy to wonder how in the world you’ll manage to accomplish every little task.
Although there are many complicated aspects of settling an estate, the good news is that there are also professionals who can help. As the family member, executor, beneficiary, or whatever your role may be, there are only five important tasks you’ll need to manage on your own. In this blog, we’ll walk you through each one and tell you what type of estate planning professional can help you with it.
