Inheriting a House That Is Paid Off: What You Need to Know

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2025-10-06 14:57:36 -

If you find yourself inheriting a house that is paid off, congratulations — you own a valuable asset free of mortgage debt. But even though there’s no mortgage to worry about, navigating the legal, tax, and practical issues can still be tricky. In this post, we break down what to expect and what actions to take once a fully owned home becomes yours through inheritance. 1. Probate...

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