What Happens To Your Home When You Die? #michiganrealestateagent

Merci ! Partagez avec vos amis !

Vous avez aimé cette vidéo, merci de votre vote !

Ajoutées 1 mois by

4 Vues

???? Is your family prepared to handle your home if the unexpected happens? Let’s talk about what happens to a loved one’s home after they pass and how different scenarios can impact the process.

1️⃣ **If there’s a Mortgage:** The loan doesn’t disappear. Family can either keep making payments or sell the home. If no one pays, foreclosure is a risk.

2️⃣ **Without a Will:** The state decides who inherits the home, which can take time and might lead to missed payments or foreclosure.

3️⃣ **With a Will:** You choose who inherits, but it still goes through probate. Your heirs can keep the home or sell it to cover the mortgage.

4️⃣ **With a Trust:** The home passes directly to the beneficiary, bypassing court and simplifying the process.

If you’re navigating this process with a loved one’s property or need guidance on planning ahead, I’m here to help. Reach out anytime – together, we can make things easier for you and your family. ????

- Cat
734-408-4514

#RealEstatePlanning #HereToHelp #RealEstateSupport