Guide to Inheriting a Luxury Property | Natasha Carroll Realty

Inheriting a luxury property can be both a blessing and a challenge. In this video, we'll guide you through the crucial steps to help you make informed decisions about what to do with your inherited property.
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What to do when you've inherited such a property:

1. Understand your state's waiting period.
2. Confirm heirs with a probate attorney.
3. Choose an empathetic real estate agent.
4. Assess outstanding mortgage and debts.
5. Consider tax implications with a tax professional.
6. Evaluate options: keep, sell, or rent.
7. Determine the property's current value.

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Natasha Carroll, MBA , Broker ⁣⁣⁣⁣
☎️: 832-346-7631
📩: natashacarroll@natashacarrollrealty.com.com
💻: www.natashacarrollrealty.com

Timestamps:
0:00 - Introduction
0:38 - Understanding your state's waiting period.
1:13 - Confirming heirs with a lawyer.
1:36 - Selecting an empathetic real estate agent.
1:58 - Assessing outstanding mortgage and debt.
2:23 - Considering taxes and financial implications.
2:56 - Evaluating options: keep, sell, or rent.
3:36 - Determining the property's current value.
4:01 - Conclusion

#InheritedLuxuryProperty #WealthManagement #RealEstateGuidance