#265 | What if An Inherited Property is Upside Down?
Manage episode 443176870 series 3558777
#265 | What if An Inherited Property is Upside Down? 🏠
What can you do if you inherit a house that is worth less than the mortgage and/or liens against it? And yes. A property, even 𝗮𝗻 𝗲𝘀𝘁𝗮𝘁𝗲, 𝗰𝗼𝘂𝗹𝗱 𝗵𝗮𝘃𝗲 𝗮 𝗻𝗲𝗴𝗮𝘁𝗶𝘃𝗲 𝗻𝗲𝘁 𝘄𝗼𝗿𝘁𝗵. Much depends on (1) your goals & (2) how upside down the house might be. We'll run through a few different scenarios to help you choose the best option for you.
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