Taxes on Inherited Property in Denver, Aurora, or Colorado Springs, Colorado During Q3 of 2023, the real estate market in Colorado spiraled downward. There was a 20.9% drop in sales compared to last year, and pending sales from the second quarter fell 14.3%, impacting the sales for the rest of the year. One reason behind these numbers is increasing mortgage …
Preparing Your Inherited Denver Home for Sale: 3 Essential Steps
3 Things You Can Do to Prepare Your Inherited House in Denver for the Sale If you have an inherited house in Denver that you’re looking to sell, then you’ll want to have it prepped and ready to list as quickly as possible so you won’t be held up from dividing the estate. Follow the several tips below to help …
Inheriting a House in Denver: What Next?
What Happens When You Inherit a House in Denver? Have you just inherited a home in Denver and you’re still not sure what to do? Well, there are many things to take into consideration. We’ll help walk you through the steps so that you can make the best decision on what to do when you inherit a house. Create a …
Understanding the Affidavit of Heirship: Key Insights
Important Things to Know About an Affidavit of Heirship The loss of a loved one is never an easy situation to confront. But it becomes much more difficult when legal proceedings are involved. There’s numerous pros and cons to establishing heirship through a last will and testament. Chiefly, that a will is revocable in most cases, barring the question of …
Pricing Your Inherited Denver Home for the Market
How to Price Your Inherited Home in Denver for Sale Inheriting a home can sometimes place you in unusual circumstances. Once you’ve gone through the initial grieving process, you’re frequently left with any number of questions. Do you inherit any mortgage debt which might come with the property? Are there any outstanding liens or warrants? What about property taxes? And …
Is Pre-Probate House Selling Possible in Colorado Springs?
CAN YOU SELL A HOUSE BEFORE PROBATE IN COLORADO SPRINGS?Recent changes to Colorado Springs’ probate laws have created a unique opportunity for people looking to sell their homes before going through the probate process. The new provisions now allow the executor of an estate (the individual in charge of administering the deceased’s estate) to bypass the lengthy probate process, and …
What to Do When You Inherit a House?
Inherited a House? Here Are Your Options!Inheriting a home can be a blessing and a curse. Whether it is because you lost a loved one, or it was given to you it may feel emotionally draining. Whether the home was taken care of or not, there is going to be a lot of work that needs to be done to …