Preparing to sell your elderly parents’ home can be challenging,
but you have options. At Tasbourne Properties, we specialize in solving real estate problems. Whether you’re considering an outright sale, a joint venture to renovate and increase the property value, or need comprehensive management services, we can help.
Facing the Sale of Your Elderly Parents’ Home
As parents age, the cost of care increases, often making it necessary to sell their home. Caregiving is demanding financially, physically, and emotionally, with unexpected expenses always arising. Selling the house might become inevitable to cover these costs.
Can I Sell My Parents’ House Before They Pass Away?
Yes, you can sell your parents’ house before they pass away. You might need the funds for their care. To do this, you’ll need their consent or be named their power of attorney, with specific authority over property and financial decisions. Consult a legal professional to understand the necessary paperwork.
How can I put up the house for sale by owner?
If you choose to sell the house by owner, you must handle everything, including marketing, finding a buyer, and managing all paperwork and closing costs. This method can save money but is often time-consuming and stressful.
Tips for Selling Your Parents House
Selling your parents’ house involves several steps:
- Identify outstanding financial obligations.
- Ensure utilities are active and in your parents’ name.
- Confirm if there’s a will and consult an estate planning attorney.
- Determine who has the authority to sell the house.
How to get a House Ready to Sell
To sell the house, you’ll need to make repairs, ensure everything is functioning, and possibly hire a landscaper. This can be costly and time-consuming. A real estate agent might provide a long list of tasks to complete before listing the property.
Selling to a Cash Buyer
Another option is selling to a cash buyer, which simplifies the process. You don’t need to make any repairs or renovations. A cash buyer will purchase the house as-is, saving you time and stress.
Why Choose Tasbourne Properties
At Tasbourne Properties, we offer additional solutions among them are:
- Joint Ventures: We can partner with you to renovate the property, increasing its value before selling.
- Comprehensive Management: Hire us as your operations manager and concierge. We’ll handle everything from dealing with builders and tradespeople to selecting the best real estate agent, managing the entire process for you.
Selling your parents’ house doesn’t have to be overwhelming. Contact Tasbourne Properties for a quick, stress-free solution. We’re here to help you navigate this challenging time with ease and expertise. Call us at +61 475 095 070 to discuss your options and get answers to your questions.