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Selling at Auction vs. Holding Real Estate:
Selling property through Advantage Auction & Realty, Inc. is the fastest way to convert any type of property into cash! We have handled numerous estate sales in the past few years and we understand the sentimental attachment one holds to property left behind by belated loved ones. We carefully design, organize, promote and conduct estate sales with care and respect for the family.
Below are some realistic things to remember in regards to the option of holding on to property vs. selling it at auction:
- There are high holding costs of about 15 to 20% per year. Taxes, insurance and maintenance costs can quickly reach into the thousands of dollars.
- Liability is a factor.
- The sooner the property sells, the greater the bottom dollar.
- Vacant property deteriorates quickly and the value drop substantially.
- Theft, vandalism and dangers of fire are real concerns.
When the time is right for you, we will be happy to sit and meet with you to discuss the best options available to you. All consultations are private and confidential. As your agent, we keep your best interests in mind at all times.
