Why it is Important to Work with a Real Estate Agent

Even if you plan to sell the property to a family member, you should work with a real estate agent. We help you avoid many pitfalls in the process of selling an inherited home. We can provide an unbiased…

The Initial Costs of Inheriting a Property

Mortgages & loans Often when a property is inherited, mortgages and loans will have already been paid off during a lifetime of ownership. However, this isn’t always the case. Occasionally a property will have been left with a mortgage…

The Probate Process

Inheriting property from an estate is governed by a legal process. If there is a valid will describing the deceased person’s wishes, this may allow skipping much of the legal actions. If there is no will, the estate will be distributed…

Minimizing Capital Gains Tax

After an owner’s passing, the home must be appraised and the cost basis for the house becomes the value assigned by the appraiser. This is known as the stepped-up basis. You can avoid capital gains taxes on inherited property…

Selling A Parent’s House

If your parents have not passed away, you will need to have them sign Power of Attorney to give you authority to handle the transaction for them. If you need help finding an attorney to assist with this, we…