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Emotional Issues in Selling Inherited Property

By Joe Theriault | Sep 3, 2016 | 0 Comments

Nearly all residential real estate transactions involve both a financial and an emotional component. For example, a motivated seller might take less money and a needy buyer might be willing to pay a little extra. But where inherited real property is concerned, the emotional factors are often much more prevalent. Strong emotional attachments are the…

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More People Putting Off Wills and Trusts, Hurting Heirs of Inherited Property

By Joe Theriault | Aug 24, 2016 | 1 Comment

The latest numbers are in, and they are not good for potential heirs in Massachusetts. According to a June 2016 Google Consumer Survey, less than 29 percent of Americans have up-to-date wills. The rest either have no will at all (63 percent) or have one that is so outdated that it is basically useless (9…

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Sellers’ Market in New Hampshire

By Joe Theriault | Aug 9, 2016 | 0 Comments

Largely thanks to a low inventory, sales are so brisk in the Dover/Rochester/Somersworth Tri-City region that many homes are closing at above-asking price. In fact, because sales are up 36 percent from last year, the fastest growing real estate market in the country is in Strafford County. That’s almost 50 percent greater than the next-highest…

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Unfortunate Inherited Property Fates Are Often Avoidable

By Joe Theriault | Jul 27, 2016 | 0 Comments

I want to write on a topic that can be divisive and emotional. Over years of experience in the real estate and rehabbing fields, I have seen this scenario play out more than a few times: when a property has fallen into disrepair and the owner dies, the home can end up becoming a burden…

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Protect Your Vacant Inherited Property from Burglary

By Joe Theriault | Jul 26, 2016 | 0 Comments

According to SafeguardTheWorld, homes without security systems are 300% more likely to be broken into, burglarized or vandalized. This number increases tenfold when there is a vacant home with obvious signs of no one living there. Some of those signs include overgrown grass and shrubbery (ill-maintained lawn), snowed-in driveways and walkways and an abundance of…

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Your Local Probate Attorney: Helping Hands in a Trying Time

By Joe Theriault | Jul 20, 2016 | 0 Comments

Carrying out the duties as an estate executor is probably one of the most thankless and time-consuming jobs. Many administrators agree to take on this burden out of loyalty to the deceased, and they may receive little or no compensation, other than what is provided for in the will, assuming that one exists. On top…

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No End in Sight For Prince Nelson’s Estate

By Joe Theriault | Jul 14, 2016 | 0 Comments

Prince Rogers Nelson, known to his fans as Prince, passed away on April 21, 2016 in Carver County, Minnesota at his estate, Paisley Park. Largely because the singer died without a will or trust, the legal and financial questions that his death created are almost as unresolved now as they were the day his body…

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‘Brexit’ Expected to Increase the Number of Home Buyers

By Joe Theriault | Jul 12, 2016 | 0 Comments

When United Kingdom voters decided to leave the European Union, they started a domino effect that should make it easier to sell inherited property in faraway New Hampshire. The ripples of instability the vote created sent nervous investors to U.S. Treasurys like a moth to a flame, and there is a discernable, albeit imperfect, relationship…

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Aftermath of Prince Nelson’s Death Highlights Heirship Disputes

By Joe Theriault | Jul 9, 2016 | 0 Comments

All the people who claim to be Prince’s heirs must provide sworn testimony to support their claims, according to a Carver County, Minnesota district judge. The judge’s order requires prospective heirs to file an affidavit that answers a number of personal questions and provide a birth certificate copy. The trust company handling the estate can…

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Pros and Cons of Selling your Probate or Inherited Property with a Real Estate Agent

By Joe Theriault | Jul 6, 2016 | 0 Comments

Previous posts covered selling to an investor, selling via an auction and selling on your own (for sale by owner). Today, I want to share information with you on selling with a real estate agent. This is the most common way to sell real estate. After signing an agreement with the agent, he or she…

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