3 Steps to Take When You Inherit Property with a Mortgage

Many people are confused about their obligations and options in these cases. First and foremost, the mortgage is still due. Repayment obligation does not terminate with the death of the original [...]

Letting Go – Inherited Real Property

“A man’s Self is the sum total of all that he CAN call his, not only his body and his psychic powers, but his clothes, and his house, his wife and children, his ancestors and friends, his [...]

Dealing With Inherited Real Estate That’s In Foreclosure

The loss of a loved one is devastating enough, but when that loss is coupled with the prospect of losing the family home, inherited real estate, which is typically the most valuable asset in [...]

Foreclosure Rate Going Up Again In Bay State

The lingering effects of the Great Recession, and the fact that many homes are still underwater, are driving the foreclosure rate in Massachusetts back up. Some observers contend that the [...]

Home Sales Dip in Massachusetts

Massachusetts Home Sales are Down For the first time in 14 months, fewer inherited homes are being sold in the Bay State. According to the Massachusetts Association of Realtors, there were 5,799 [...]

Prince’s Estate: Minnesota Judge Removes Most Would-Be Heirs

Update: Prince’s Estate in Probate The dreams of fame and fortune turned out to be short lived for 29 people who claimed to have a lawful share of Prince Nelson’s legacy. Carver County [...]

Is a Cash Sale Right For Your Inherited Property?

When most people buy cars, they start by doing research on the vehicles available and weighing their options as far as price and financing are concerned; they do not rush to their local Ford or [...]

Emotional Issues in Selling Inherited Property

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 [...]

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

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. [...]

Sellers’ Market in New Hampshire

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 [...]

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