The first thing to do when you inherit a home is to create a short term plan to maintain the house while the estate settles. You will need to take care of the upkeep, continue paying the mortgage (if there’s a mortgage), pay the utilities and property taxes. Also, don’t let the homeowner’s insurance lapse.
Then speak to a probate attorney. Probate is the legal process that gives recognition to a Will and appoints an Executor or Executrix, who will oversee the estate and help distribute the assets to the intended beneficiaries.
While the estate is being settled, decide what you want to do with your home.
Move In
Rent It
Sell It
If you decide to Rent or Sell your home…Please call/text Evan Greene
(631)848-8000
Or
Click here to get a Cash Offer