Nightmare Money Pit | Gulf State Homebuyers
nightmare money pit

Did You Inherit A Nightmare Money Pit?

Nightmare Money Pit

You get the bad news that a relative has passed away, but there is a silver lining to this dark cloud. Your relative left you their home in their will. You are now the proud owner of a house! This also sounds like great news, that is until you get a good look at the house. Your new inheritance is a run down slum at the top of the hill. In fact, it looks like some haunted house from a Hollywood movie set a nightmare money pit. Believe it or not, this happens all the time. What should you do? Luckily, you have a few options to mull over.


First Things First


The first thing you need to do is go check out the property. You need to actually do more than a simple drive by. You need to go inside and check things out. Don’t mind the rats and other pests scrambling across the floor. Hopefully there are none of those.


The inside of your inheritance might not be so bad! Make a list of everything that might need to be replaced. It might not amount to much.


Is the Property Worth More?


Ignore the house for a moment and take a look at the actual land. Your new inheritance might be on some primo property that could be worth a substantial amount of money. Remember, profitable real estate is all about location!


Is Your Inheritance A Money Pit?


Many people fall in love with the idea of inheriting an old family home. It is far too easy to become emotionally attached and the next thing you know, you have sunk your entire savings into the home and the house still needs repairs. Don’t make this mistake. Set your emotions aside and try to logically determine whether or not your newly inherited home is worth the money.


If you do choose to get out from under your new inheritance, we can offer you cash for your home. The entire process is quick, simple and easy. Your newly inherited nightmare will no longer be a bother for you. You will even get some cash from the deal! Give us a call today and we will be happy to help!


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