Things To Know About Property Damage

Posted by Darren Daltorio | Posted on 01/05/2016
  • 1031 Tax Exchange
  • Construction
  • Homes
  • Probate
  • Real Estate
  • Uncategorized
  • If you are selling your property through probate, the last thing you want to encounter is property damage, as the probate process can seem complicated enough as it is! At the real estate offices of Mike Millea, we want to make things easier for you and take the headache away from buying and selling property. This blog will give you some guidance on what to do if you encounter property damage.

    Quickness Is Key

    When selling a building or home, property damage can put you between a rock and a hard place. On the one side, the damage itself decreases the value of your home, and repairs can be costly, albeit more often than not worth it. On the other side, property damage harms your building’s value by keeping it on the market longer. While that may not seem like a major problem at first, in today’s highly competitive real estate environment, the longer a building stays on the market, the more its value decreases.

    It is always best to repair problems and damages to the property as soon as possible if you are planning to sell or keeping the building on the market. This is the only way to ensure that your property value stays as high as possible, and it will make it easier to find a buyer quickly and for a good price.

    Contact Your West Los Angeles Probate Real Estate Expert Today!

    Have more questions about navigating the complexities of trust and probate real estate? Mike Millea is here to help! Feel free to read more about our probate real estate services, check out some of our listings, or reach out to us at our contact page with any questions or by calling (310) 939-9356. We cannot wait to hear from you, and we look forward to helping you navigate the probate process and make the most out of your property!

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