Month: July 2019

Short Sale vs Foreclosure – What’s the Difference in Middletown?

By

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Middletown, Delaware? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you stop … Continued

Can a house be sold while in probate in Middletown Delaware?

By

Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases it is not. Whatever is the situation, the property … Continued

What happens when you inherit a house in Delaware?

By

Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in Delaware? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be … Continued

Tax consequences when selling a house I inherited in Middletown

By

Inheriting a home is a pretty sweet experience, yet bitter at the same time… You are left with great property value you can use to improve your life, but you are still mourning the loss of a loved one. So you may tend to ask yourself at this point “what are the tax consequences when … Continued