A property is underwater when mortgage payoff + any liens (HELOCs, judgments, unpaid property taxes, municipal liens) exceed the home’s likely sale price.Our Florida Inherited Property Real Estate Advisors recommend keeping two points in mind: Underwater does not...
Our Florida Inherited Property Real Estate Advisors recommend keeping continuous coverage on an inherited property because: Liability doesn’t pause after an owner passes away (slip-and-fall, injury on premises, dog bite, pool-related incidents). Weather risk is...
Inherited property maintenance isn’t just about mowing a lawn. In Florida, ongoing upkeep can include storm readiness, HVAC servicing, humidity control, pool care, pest prevention, roof checks, HOA compliance, and insurance requirements. If no one is clearly...
When you inherit a house, condo, or small multifamily property in Florida, the choice often comes down to three paths: keep it, sell it, or rent it out. Each option can be “right” depending on your finances, family dynamics, the home’s condition, and...
Inheriting a home or commercial property can be emotional and complicated—especially when the property is out-of-state or far from where you live. Distance creates real obstacles: coordinating cleanouts, securing the home, paying carrying costs, navigating probate,...
Inheriting a home in Florida can bring an immediate, stressful question: Who is responsible for ongoing maintenance now? The answer depends on who legally owns the property today (the estate, a trust, or the heirs individually), whether there are multiple heirs, and...
