Articles Tagged "Inherit a home"

The loss of a loved one can unleash a flood of emotions. It can feel as if you are treading water as you wade through thoughts and memories deciding what to do with their property. When you inherit a home, the first thing to know is that you inherit all the rights and responsibilities that go with the property. To help you through the process, our REALTORS® recommend moving forward slowly and methodically to expedite the process and avoid costly mistakes. 

• Take Care of Business
  Your first steps should be to update the homeowner's insurance policy and transfer all the utility accounts into your name. Even if you are planning to sell the home, you want to keep the utilities operational to prevent damage to the property. It is also vital to continue making all mortgage, property tax, and HOA payments.

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