If you've inherited a house in Hawaii through probate or other means, then you may have a big decision to make. The big question most homeowners in this situation ask is... Should you liquidate an inherited house? There are certainly pros and cons to selling the house versus keeping it for the long haul. Let's look at both... Reasons to Keep an Inherited House There are both financial and … [Read more...]
Asset Liquidation of Real Property
Asset Liquidation. The phrase sounds like the end of a store, like a "Going Out of Business" sale at the local hardware store where you can buy not just some toilets and tool sets on sale but the cash registers as well. The truth is, asset liquidation happens on the home front as well. Everyday in Hawaii and elsewhere there are people who find themselves in a jam and need to either walk away … [Read more...]
PROBATE – What To Do With An Inherited House?
PROBATE - What happens if your parents pass away and leave behind a piece of real estate to you or to you and your siblings? What if you are all scattered between Hawaii and the mainland? It can be tough enough just dealing with the loss of one’s parents, but there’s no escaping the tough task ahead – dealing with a house. Handling your own affairs takes every bit of energy you have and now you … [Read more...]