Miami is one of the most beautiful places to live, but with this tropical paradise comes a boatload of maintenance. Inheriting a property in Miami can be one of the greatest gifts or one of the worst punishments. Beautiful beaches and a culture full of latin influence and foreign cars makes the city a unique getaway. Constant heat and the risk of hurricanes gives Miami a “castle built on the sand” type of feeling. Beautiful estates improved over years, lay venerable to the lack of maintenance, or an impending hurricane, to turn it back into an overgrown lot in a populated city. Even as there is a level of insane upkeep associated with properties in Miami, those who have inherited homes in this tropical city have something truly special. At Helpful Homes, we take pride in helping those who have inherited punishment properties in Miami see them for the gift they truly are.
Unlike most cities on the Eastern Seaboard, Miami was developed relatively recently when compared to other port cities in the southeast. Wide range implementation of air conditioning in the south around the mid twentieth century led to expansion in southern Florida. Burroughs of Miami, such as South-beach, retain a significant Art Deco presence, representing the popularity of this architectural style as modern amenities such as AC and wide range use of elevators made the beach city possible. Other areas of the City such as Little Havana and Coral Gables represent a Spanish/ Mediterranean influence, as many of these homes mimic the Spanish estates they were modeled after. With all the amenities and beautiful architecture Miami has to offer, it is no surprise many called southern Florida their second home when the northern States became too cold to bear. As a result many families inherit properties in Miami, oftentimes without the intention living there. Miami is one of the most unique cities on the east coast of the United States to visit, but there is a lot more involved with home ownership in the sunshine state than many would anticipate.
Whether it’s a condo in Brickle or a Spanish Style home in Hialeah, maintenance can be a nail in the coffin when it comes to retaining a property like a stock intended for a buy and hold portfolio. The ever changing weather in Miami breeds humid mornings with oftentimes rainy afternoons, meaning everyone needs a lawnmower, even in the winter. Condo owners aren’t exempt from the tyranny of the weather, constant heat and the risk of hurricanes result in assessments to those residing in high rises to combat the wear and tear the elements unleash. When a beloved family member passes there is so much to deal with, from grief, to settling their estate, and dispersing their belongings; it’s enough to drive anyone crazy. Inheriting a home in a state where the ownership of property is a bit more involved than most is a recipe for a headache, fortunately there are solutions.
At Helpful Homes we pride ourselves with offering those with problem properties solutions. In the case of those who have inherited properties in Miami, they oftentimes need loads of updating or maintenance to become market ready. Every property Helpful Homes buys is sold “as is.” Not only do we take the property “as is,” we can do the entire process remotely. Just as many sellers of inherited properties live out of state, we can acommodate their needs through mail away closings and E-sign. We make the process as stress free and seamless as possible. Probate properties in Miami can be a problem to maintain, especially when the home is a few states away. If you need to sell your inherited home in Miami without doing any repairs, Helpful Homes is here to help.
Inheriting a property and inevitably being shoved into today’s insane real estate market is a stressful endeavor for someone just getting over the loss of a loved one. Realtors hoping to list such properties will convince sellers to do updates and improvements to get the home “market ready.” Oftentimes this approach leaves the seller with a high investment in an unwanted home, just to incur the cost of the improvements, realtor fees, or any issues a buyer finds during the purchasing process. Selling a home a few states away sounds like an impending nightmare to anyone unexperienced with the concept, but there is an upside to this situation. In cases where the home is not in foreclosure and there’s no judgements against it, the home can be sold in its current condition without any fees other than minimal closing costs and outstanding taxes. Those leaving homes to their next of ken do so anticipating a positive outcome for their family member, unfortunately the nature of the current real estate market has made the profitability of such a gift a bit harder to capitalize on. Helpful Homes is able to cut through all the stress and red tape real estate sales has become synonymous with in recent years and turn these inherited properties in Miami into lucrative gifts from those we were lucky enough to call family.