How do I inherit a house in Georgia?

Inheriting a house in Georgia requires following a legal process called probate. You’ll need to submit documentation, including the owner's death certificate and proof of ownership. This process typically takes about a year.

What should I do with an inherited house in Atlanta, Georgia?

You have several options, such as keeping, renting, or selling the property. If selling, you can choose to list it traditionally or sell directly to a home-buying company like Richardson Home Buyers.

What is the probate process for a house in Georgia?

The probate process can take up to a year and involves submitting necessary documents to validate ownership and settle any outstanding debts.

Are there taxes when inheriting a house in Georgia?

Georgia does not have a state inheritance tax, but you might need to consider potential capital gains taxes when selling the property.

Can creditors claim an inherited house in Georgia?

Creditors may have claims on an inherited property to cover outstanding debts. However, certain exemptions may apply depending on the circumstances.

What You May Nor Know About Selling a House in Atlanta

Did you know? When it’s time to sell your home, you may be in for a few surprises, some of which are extremely expensive, depending on the choices you make about how you sell your home. When you list, on your own or with an agent, there are lender requirements to meet in order for buyers to qualify for loans, there are also a variety of issues which could lead you straight to court, facing legal ramifications for issues you may not even have been aware of. Along with all of this, comes the myriad of hassles and endless paperwork and deadlines for sellers. Ready to learn more? We’ll cover 5 things homeowners don’t know about selling a house in Atlanta.

Traditional Lack of Guarantee

When you are deciding on the method to sell your home, most sellers consider either a real estate agent or selling on their own. It’s important that you understand while listing by either method demands you to open your wallet, the more the better, to compete on the market. The problem with the traditional method is that there is no guarantee your home will ever sell and is one of the things homeowners don’t know about selling a house in Atlanta.

Show Ready

Selling a home can be extremely emotional, memories of the home add a value that others can’t realize. It can also be quite difficult after you’ve invested in updating your home to hear an offer that is far below your asking price. Being in a constant state of readiness for the traditional showing process of selling a home can become an enormous burden and create additional emotional strain. Because even the pets should be removed at this time, there is stress on every living creature in the home. This is another one of the things homeowners don’t know about selling a house in Atlanta.

Repairs

Despite the circumstances that influenced your decision to sell, especially should they be due to financial hardship, you will have to spend money to make money. Sadly, an inspection could reveal serious problems. Buyers tend to steer clear of homes that require major work, preferring ready to move in condition. Skipping the repairs on the traditional market means the property is likely to linger on the market. Those who are interested will expect you to drastically drop your asking price, this is something else homeowners don’t know about selling a house in Atlanta.

Lack of Interest

Perhaps you set your original asking price too high, turning buyers away before ever opening the link to your listing. Or is your home lacking conformity with the surrounding properties and in need of major updating or even remodeling. After you have invested in photography and advertising for your listing and successfully jumped through the hoops required to sell a home on today’s market, you could end up having absolutely no interest in your property. This is another thing homeowners don’t know about selling a house in Atlanta.

Professional Buyers

Did you know? There’s another option available that may be best for you, by working with a professional buyer like Richardson Home Buyers, LLC you will avoid all of these expenses and many more! This is something homeowners don’t know about selling a house in Atlanta to professional buyers like Richardson Home Buyers, LLC. Our mission at Richardson Home Buyers, LLC is to help you make the best choice, depending on your unique circumstances. even if that means we suggest you work with a real estate agent. Richardson Home Buyers, LLC stops to take the time to listen to you, answering any of your questions or concerns. Call 678-723-1777 today or send us a message to learn more!