What to Do When You Inherit a House
Boomers stand to inherit upwards of $27 trillion over the next four decades, according to The Center of Wealth and Philanthropy at Boston College, and a portion of that includes the house their parents lived in.
But when that house becomes yours, figuring out what to do with it can present financial and emotional issues. If your siblings are involved, things can get even trickier.
“There are three basic paths you can take,” says Bruno Graziano, a senior estate planning analyst with Wolters Kluwer, CCH. “Sell the house, move into it, or rent it out.” Make sure you understand rentals and the burden this can cause if you take that route.
Selling the house is where we come in. Put our experience to work to take care of all repairs and maintenance if needed. We can even fund the repairs for you if needed. We will then get it on the market and get it sold fast. No one likes 2 mortgage payments or the burden of taxes and monthly maintenances of a second home. We understand time is of the essence in these situations so put us to work for you to get it sold fast!CONTACT US
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Sit back and get ready for that equity check! We'll handle everything else!