How to Sell an Inherited Home
Selling an inherited home is often a multi-step process and having an experienced probate attorney and real estate agent to advise you along the way can make all the difference.
It is important to understand the probate process when selling an inherited home, unless there was already a transfer on death deed recorded prior. Often when selling an inherited home, a date of death value can be necessary to obtain in order to sell the home or for inheritance tax recording purposes.
If you have inherited a home you're planning to sell or need to know more about the process, Stephen would love to connect, potentially tour the home in question. Reach out today to set a no obligation appointment.
Stephen FitzMaurice, Realtor
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Selling Mom and Dad’s Portland Home
Underneath the plains of Romania lies a cave that has been sealed off from the rest of the world for 5.5 million years. According to the BBC, “While our ape-like ancestors were coming down from the trees and evolving into modern humans, the inhabitants of this cave were cut off from the rest of the […]
When Can you Sell a Home in Probate?
This article will answer “What is a Probate?”, will give an overview of the probate process, and when in that process the sale or transfer of a decedent’s home should take place. Opening a Probate Case in Portland, Oregon Probate is the process of administration and distribution for the estate of a deceased individual. Many […]
What is a Transfer on Death Deed in Real Estate?
A “Transfer on Death” deed (TODD) is a type of legal instrument that will automatically transfer the ownership of real property to a beneficiary designated by name on a deed upon death of the current owner. Because the right of ownership is automatic upon death, a TODD is often viewed as a beneficial way to […]
Getting a Date of Death Value from a Realtor in Oregon
Determining the value of an estate can be a hassle but is typically required in order to pay the proper amount of taxes. Often called an inheritance tax, all assets of the deceased be properly valued at the date of death or six months following the date of death. The executor is required to explain […]
Stephen made the experience of selling my first house seamless. I live in another state but he kept me informed and moved the process along without a hitch. The only thing another agent could have done differently was charge a much higher commission. I only wish he was able help me purchase in my state. Highly recommend his service and business model.
Julie
