Aloha Home Seller! When it comes time to sell your house, having multiple property owners can tend to amplify stress and complexities. Whether it is a misunderstanding, miscommunication, or missed opportunity, you can easily mitigate these issues and earn the highest possible profits by taking steps to prevent costly issues. When investors enter into joint ownership, it’s best practice to do so under the counsel of local real estate tax and legal professionals. You should plan your exit strategy in case you should need it.
The bottom line is that there are many different scenarios you could be facing when sharing ownership of a property with multiple owners. Read on if you’re ready to find out more about the most painless way for real estate investors like you to sell a house in Hawaii when there is shared ownership.
Communication
It can be easier said than done to keep everyone on the same page. Negotiating among yourselves while also acknowledging and respecting everyone’s perspectives can be challenging. This is particularly difficult if you have inherited the property and emotions are running especially high. When sharing ownership among multiple owners, working with a professional real estate investor like the professional home buyers at Oahu Home Buyers can help to create an effortless for all interested parties to sell a house in Hawaii. Here at Oahu Home Buyers, we have years of experience assisting people in the most stressful situations. We will have you all at the closing table to collect your profits in a matter of a few weeks or less in many cases.
Prepping and Repairs
One of the reasons having multiple owners on a property can be tricky is- unless the home is in new or nearly new condition, you’ll need to delegate the responsibilities of planning, scheduling, and paying for the prep and necessary repairs to sell the house. Unfortunately, it’s typical for all of these responsibilities to fall on the shoulders of one owner. It could be for a multitude of reasons. It could be because they’re in better health or live nearby. Regardless, unrealistic or unmet expectations often lead to resentment, sometimes creating lifelong riffs in relationships. Working with us at Oahu Home Buyers means our team will take care of everything, which will in turn keep your relationships unscathed. At Oahu Home Buyers, we buy houses as-is, so all you need to do is take what you want from the property, and leave the rest to us.
Portions
When there is ownership among multiple owners, work is often not delegated evenly and everyone may not have the financial means to provide their percentage of the upfront costs of bringing the property up to par to sell the house. If this is the case and you decide to list, you’ll be carrying the costs of holding the property, with the expenses consuming your profits daily. Here at Oahu Home Buyers, we are market experts with the sole purpose of helping you earn the highest profits on selling your property, even if that means listing the home yourself or with an agent. We are happy to provide you with the full details of how much you’d earn through a traditional listing vs. our offer, and provide you with a guaranteed closing date.
When you’re ready to sell a house with shared ownership among multiple owners, save yourself some stress and reach out to Oahu Home Buyers. We are firm believers in total transparency and will answer any questions with no obligation. Not only does working with a local direct buyer save you time, stress, and energy, but when you work with Oahu Home Buyers, you won’t pay any commissions, hidden fees, or closing costs. Call Oahu Home Buyers at (808) 333-3677.
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