Hi! I’m Christina Swain with Keller Williams, here to share with you some tips when selling an estate!
As a senior real estate specialist, I know the ins-and-outs of selling an estate home or inherited home. I can effectively advise you on the best strategies to use based on your needs and wants, as well as how the process will play out, so that you know what to expect.
There is one cost that sellers do not anticipate and that is, inheritance taxes. Sure, you expect them, but most people don’t expect to have them withheld when they sell. If the inheritance taxes are not paid (which normally they are not) the title company is obligated to escrow, by law, a portion of the proceeds. If you or your attorney has prepared a draft of the inheritance tax return, the title company will normally accept that amount to escrow.
If you need to sell an inherited home and would like guidance and resources to help you can always visit our website at www.SwainSells.com or reach out to me directly at 215-757-7257