Selling a dilapidated inherited property

My grandmother owned multiple properties, located on opposite sides of the country.

She owned a bungalow on the West Coast, a cabin in the northeast, a split-level in the midwest and a cottage down south.

When she passed away, each of her grandchildren inherited a property. I was given the cottage in Jacksonville, Florida. While I was extremely sad to lose my grandmother, I was delighted that she’d left me such a lovely piece of property. I remembered visiting her as a child and loving the sunshine, white sand and palm trees. When I traveled to Jacksonville, the state of the cottage was an unpleasant surprise. Over the years, the home had significantly deteriorated. My grandmother had not spent any time there for more than a decade, and it fell into a state of disrepair. There was obvious storm damage that created a leaky roof. There were missing gutters, cracked windows and doors that wouldn’t close tightly. The lack of air conditioning, high humidity and influx of moisture created major problems. There was considerable rot, mold and pest infestation. I doubted the home could be salvaged. I decided that I preferred to sell and buy elsewhere, rather than attempt to make repairs. Since listing by way of conventional methods was out of the question, I contacted a cash home buyer. This avenue allowed me to sell the house as-is. The cash home buyer eliminated the need for a home inspection, appraisal, bank mortgage and showings. It sped up the process. Instead of negotiations and months of delays, I closed on the house in under two weeks.

sell an inherited home