So You Inherited a House - What's Next?
By Brian Read, Real Estate Investor and Broker
(Bright Idea House Buyers & Executive Capital Group Inc.)
Inheriting a house can be an emotional experience. Along with the grieving process, you’re now faced with important decisions about what to do with the property. It’s common to feel overwhelmed, especially when property ownership comes with financial and logistical challenges.You’re probably asking yourself: "I’ve inherited a house—what now? Should I sell it? Rent it out? Or hold onto it for the long term?" There’s no one-size-fits-all answer, but understanding your options is the first step.As experienced real estate investors in Southern California, we work with people like you every month who are trying to figure out what to do with a home they’ve inherited. The following are key considerations that can help guide you through this process and make informed decisions.1) Keep the Mortg...
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