What You Should Know About Selling an Inherited House (and Everything in It)
The passing of a family member or other loved one can bring numerous stresses. It's never easy to lose someone you love, and the stress and grief that comes with the death of a parent, family member, or close friend can make an inherited property seem like more of a burden than a blessing. Not too mention that with the gift of an inherited home or real estate comes several issues to work through relating to paperwork, legal issues, and taxes.
But navigating through difficult decisions can be somewhat easier if you are informed about the financial benefits and challenges, including taxes, that accompany your inheritance of a family home.
5 Reasons to Auction Your House
When it comes to selling real estate, you want two things: a quick deal and a high price. Unfortunately, that's easier said than done, especially when limiting yourself to only the traditional way of selling a home — hiring a realtor. Because going with a realtor can be time-consuming and frustrating. It often takes a long time to attract serious buyers and get them to commit with a down payment. And even then, many deals fall through for countless reasons.
Selling Your Parent’s House: 7 Things to Consider
Whether your parents are moving to another home or they have passed away, selling a house you have a personal connection with can be very difficult. Often, there are several other stressors to deal with at the same time, from navigating relationships with family members to distributing family heirlooms to loved ones. Selling the house and everything left in it isn't easy, but there are several steps you can take to make the process go smoothly.
