Not Everyone Is Excited To Inherit A Property.... Episode 292

Not Everyone Is Excited To Inherit A Property... ...Don't get me wrong, some people are thrilled to receive one But a surprising number of people are not loving the idea we hear some very compelling reasons each week from new owners they already have a home they live a long distance away the home needs a lot of maintenance there are property taxes due the monthly carrying costs are more than they can afford the mortgage balance may be higher than the market value most people work very hard to leave a home to their loved ones and most times it works out as planned and if you never really thought about the list above you may not give much consideration to making sure that the gift is a good thing ultimately the new owner of the inherited property makes 1 of the 4 decisions below move in full time use it part time rent it sell it and they don't always have the luxury of time to plan ahead and have a solid plan in place for which option is best todays show goes deep in the details

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