Tax Consequences of Buying Your Parents’ House When one is buying a house from their parents, they need to take into account the tax consequences that are included with it. Whether buying in cash or through mortgage payments, taxes may still be due on this kind of real-estate transaction. Depending on if the sale price…

What to Do with Utilities When House is Vacant They must assess the specific situation and make certain bills are paid, appliances aren’t damaged, and the home is looked after while they’re away when leaving their house vacant for a protracted period of time. To make certain none of the issues occur due to improper…

Can You Live in a House During Probate? Here is more info regarding We Buy 253 Houses have a look at our site. Residing in a home during probate may be possible, with regards to the circumstances. When someone passes away and results in property or assets like real-estate, it must undergo probate before being…

Can They Put a Lien on Your House for Unpaid Medical Bills? You could create a lien being positioned on their residence, called an involuntary lien should they not pay off medical bills. This occurs whenever a creditor has exhausted all the options to gather the debt and obtains a court order for assortment of…