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If the house becomes legally yours by inheritance then you may do with your own property as you please. Keep it or sell it for whatever price you see fit.
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∙ 14y ago
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Can a son make you sell the house after his father dies and the mother is still alive?
Can a son make you sell the house after his father dies and the mother is still alive?
Can your kids sell your house if your spouse dies and half is willed to them?
It depends on the laws of the state where the property is located and the specific details of the will. Typically, if the spouse leaves their share of the house to the children, they would have a legal right to sell their portion, but they might need approval or cooperation from the surviving spouse or executor of the estate to complete the sale. It's advisable to consult with a real estate attorney to understand the options and legal requirements in this situation.
Do you have to pay capital gains tax on your deceased fathers house when you sell?
Do you have to pay taxes on deceased mother's house when it sells
If your husband has a reverse mortgage and you are not 62 what happens to you with the house if he dies?
The answer is when he dies the reverse mortgage company will settle up the loan, so you will have to either sell the house or refinance with a new mortgage.
How to sell a house after a parent dies?
You have to open an estate. The court will then appoint an executor. The executor will have the letter of authority that will, with the court's permission, sell the real property of the estate.
Can a sibling buy your fathers house and then sell it for more then he bought it for through a estate?
If he paid a fair market value for the property, yes.
Spouse dies with a will that gives to her children. surviving spouse wants to stay in the house. Does he have to sell house in order to pay her children half of the equity or does he get a life estate?
In Texas, the suriving spouse has a life estate and does not have to sell.
If I own my family home jointly with my husband my husband dies and i want to sell the house are any taxes payable?
In the UK, NO
What was that movie called about an old lady whos husband dies and she sell marijuana to save her house?
The movie was called Saving Grace
If dad dies without a will can his new wife of 11 years sell their house or automobiles without the adult children's permission?
Yes she can
Mortgage in my partners name will i be forced to sell house if he dies?
It is possible to have a mortgage in a different name than a "deed" to a home. You will not be forced to sell the home if you transfer your fathers name from the deed to yours. You may do this at your local recording office and/or also, you may contact a local title company (they can help you). Also, I would send a letter to the lender holding the mortgage...asking to give you rights to speak on your fathers behalf. Please keep in mind that you father will have to sign off on all of the above.
What happens when a person dies while selling their house?
If the decedent has signed a binding contract to sell the house, then his or her estate must abide by it and sell the house according to the terms of the contract. The executor has no power to simply cancel the contract nor is the contract automatically cancelled by the death of the seller.
