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Inherited Homes
January 2nd, 2025 10:40 AM
Inherited Homes are quite a gift in the real estate market today. These homes can be a great source on income for rental purposes when there is little or no mortgage. Other options include moving in or just selling the property to distribute the proceeds to additional heirs.
Online there are several companies that just want the heirs to just sell them the property below market without the assistance of a real estate professional. Rather than to accept a quick low ball offer, it pays to have an experienced certified appraiser to value the property in its present condition. Then the heirs can be able to make an informed decision to go forward to either move in, rent the property for extra income or sell the property to the highest bidder.
My services have helped heirs of inherited homes receive two to three hundred thousand dollars more in a sale than to accept offers by only one bidder and I have testimonials to support the quality of my work.
I also provide Retroactive Appraisals for a valuation up to 20 years in the past with statistics and charts and graphs of the economy, also Expert Witness court testimony, Consulting and Real Estate Brokerage of these type of properties.
If you have any real estate questions or concerns, give me a call to discuss ideas to move forward in a relaxed conversation that will be to your financial benefit.
Regards
Tom Melville MRA, MNAA Certified Residential Appraiser, Calif Real Estate Broker Owner, Expert Witness and Consultant. Licensed professional in California since 1980 to the present.
Aptos Ca 95003
AR012768
Dre 00774101
831-883-0406
Posted in:
Real Estate
and tagged:
Real Estate Appraisal Estates
Posted by Thomas Melville, MNAA, MRA on January 2nd, 2025 10:40 AM
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