Selling your inherited property can be a lot faster if the property qualifies for financing. Berkshire Hathaway Pen Fed Realty can help!
If you’re planning to sell your inherited probate property but not sure how to reach the largest audience possible, ensuring the estate is eligible for financing is an effective first step to take.
Berkshire Hathaway Pen Fed Realty, the real estate company of Marc Cormier, can guide you every step of the way, from upgrading to selling the home.
The realtor focuses on the DC, Maryland, and Virginia probate property markets, offering simple strategies you can implement to make your inherited house attractive to potential buyers.
Visit http://www.guidetoprobate.com/ for more info!
The guide from Berkshire Hathaway Pen Fed Realty highlights a range of funding options, including FHA loans, traditional loans, and VA loans, which most buyers rely on when purchasing a new house. The expert also outlines each program’s requirements that must be met to get your probate property approved for financing.
The team explains that having your house qualify for any of these funding options allows you to tap into a large pool of homebuyers who can afford to buy the property. The guide also highlights the various requirements for each financing option, from the stringent loan criteria of Freddie Mac-backed loans to the lenient FHA and VA loans.
The requirements for a traditional home loan application include a minimum credit score, a low debt-to-income ratio, and a stable income. In addition, your probate property must also be in good condition, require no major repairs, and be priced competitively to qualify for financing.
The real estate specialist notes that, unlike the regular home-selling process, selling a house in probate can be complicated, especially with the legalities involved in decoupling the property from the deceased’s estate.
As such, the team emphasizes the need for you to work with experienced realtors who understand the probate process and can guide you through the process of preparing and selling your inherited property.
The guide is written by Marc Cormier, a realtor and probate specialist who is acclaimed as one of the top 1% of real estate agents in the country. Marc Cormier works with individuals and families who want to sell their probate property fast. He can also make a cash-for-home offer based on the current condition of your house and prevailing market rates for similar properties.
Mr. Cormier states, "Ensuring that your property in probate qualifies for various types of financing is critical to attracting the largest pool of potential buyers. By doing so, you increase the chances of finding a buyer quickly and possibly at a higher price."
Qualifying for financing puts your probate property in a better position to be snapped up by eager buyers - Give yourself the best chance to find a buyer quickly with Berkshire Hathaway Pen Fed Realty!
Go to http://www.guidetoprobate.com/ for all the details you need.
