In a perfect world, siblings would always see eye to eye. But we all know that often isn't the case. Inheriting property is already a complicated process to navigate. Inheriting a house with a sibling comes with its own unique set of challenges, especially if there are conflicting ideas over what to do with the property.
Property ownership comes with many different obligations. If the house was built from 1975 to 2021 then there might be regular infrastructure maintenance that needs to be done to ensure the house is safe. However, homes that were built before 1975 have a high chance of having dangerous substances, such as asbestos.
Owning a home comes with a lot of responsibilities and costs to maintain a safe and clean space. When natural disasters hit, such as mass amounts of rain, hurricanes, or other catastrophes, there is a high possibility of severe damage to a home.
If you and your siblings have found yourselves suddenly in possession of an inherited property, there are several decisions you will have to make together. Whether you wanted this property or not, you will need to decide how to move forward. Will you keep the property or sell?
As the selling market has changed quite a bit, there are new pieces of information that can set boomers up for success as they are selling their homes.
Now more than ever, becoming a homeowner can be challenging. With home prices higher than ever, finding creative ways to afford to purchase is a necessity for most potential buyers. One way that buyers can achieve this is through a reverse mortgage.
Housing security is a natural thing for people to worry about--when it’s put at risk, it can be beyond stress-inducing. The COVID-19 pandemic was more than a public health crisis but also economically impacted millions of families across the world.
Selling a home can feel like an overwhelming process. There is much to think about as you begin planning to list your home. Buying a home is one of the most significant purchases you can make in a lifetime, with an equal amount of pressure following selling your home.
Being a homeowner comes with a sometimes overwhelming amount of responsibility. Especially as new homeowners transition from being renters, there are quite a few significant changes they might experience. In addition to having greater responsibility (taxes, maintenance, etc.), being a homeowner can be pretty expensive.
If you are recently dealing with the process of managing a will, you likely have plenty on your plate and are looking for information to help you deal with the process smoothly and efficiently. It can be a difficult time and you’ll likely appreciate easy and straightforward answers to all your questions.
Foreclosure is a topic that would cause anxiety during regular times without the added uncertainty that came with the 2020 housing market. The COVID-19 pandemic threw a great many industries out of normalcy, and the real estate market was no different.
If you are starting the process of selling your home, you likely are realizing how many things you have to take care of prior to listing. There are repairs, renovations, and other aspects such as staging the house and connecting with real estate agents and anyone else you need to work with to prepare your home for sale.
Estate home sales typically occur following the death of a parent, and you and your siblings are left to sell all assets, including your parents' home. This is usually a stressful and emotional time and the process may seem daunting, so it's a good idea to employ a real estate agent to help you with the process of marketing and selling your house.
When a couple decides to divorce, one of the topics that will be discussed is who will get the house. Divorce is already a traumatic life event, and adding the loss of your house to the mix may be daunting.
