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Pros and Cons of Selling your Probate or Inherited Property with an Investor

By Joe Theriault | Jun 29, 2016 | 0 Comments

Earlier posts have covered selling via an auction, and selling on your own (for sale by owner). Today, I want to share information with you on selling to an investor. This is the method to choose if you are in a hurry to sell and you will walk away with hard cash after the deal…

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Tax Considerations of Inherited Property Sales

By Joe Theriault | Jun 27, 2016 | 0 Comments

It is almost impossible for inherited property to qualify for the $250,000/$500,000 tax exclusion. However, with careful planning, sellers can take advantage of other tax loopholes and save thousands of dollars. IRS rules reduce the reportable capital gain from real estate transactions by $250,000 for individuals or $500,000 for married couples filing a joint return.…

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The Gift of a Will

By Joe Theriault | Jun 25, 2016 | 0 Comments

No one is really sure who came up with the proverb “a stitch in time saves nine,” but the saying first appeared in eighteenth century England. The proverb is definitely meant to spur the lazy into action, because it is an anagram for “this is meant as incentive.” Most people agree with this maxim, but…

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Pros and Cons of Selling your Probate or Inherited Property via For Sale by Owner

By Joe Theriault | Jun 21, 2016 | 0 Comments

An earlier blog post covered selling a property via an auction. This post covers selling a property on your own. This process is just as it sounds. You do the legwork and there is potential to save money if you do everything correctly. I stress potential to save money because people don’t know what they…

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Partition Actions in New Hampshire

By Joe Theriault | Jun 17, 2016 | 0 Comments

Occasionally, despite the best efforts of everyone involved, the heirs cannot agree how to dispose of property. In most of these situations, there are an even number of joint heirs to a piece of unimproved real property and they each have an equal share, so there is no effective way to break a tie. Sometimes,…

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The Probate Process In New Hampshire

By Joe Theriault | Jun 15, 2016 | 0 Comments

Probate is a formal public legal process via which the assets of the individual are distributed following a person’s death, in accordance to their will. The probate process starts with filing the will, petition and death certificate. Usually, the general public has access to these documents. Thus starts a process that involves the filing of…

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Pros and Cons of Selling your Probate or Inherited Property via Auction

By Joe Theriault | Jun 8, 2016 | 0 Comments

If you’ve inherited property or one has been assigned to you as Executor of the Estate, you now have a big responsibility. While some of the selling options will feel familiar to you if you have ever bought or sold a property, there are nuances with respect to these types of properties in particular. Educate yourself…

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