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The baby boomers are coming of age and many are finding themselves in situations where they are taking care of their elderly parents. It can be difficult to decide parents are in need of assistance with their homes.
Although, this situation is more common than what one may think. Statistics are indicating that between 2% to 5% of those living in the US are hoarders.
As a benefactor, you might ask yourself: what do I do when I inherit a property? What kind of taxes do I pay after claiming the house?
You may be looking at selling your parents house. If so, you may need to rely on your power of attorney to sell the property. If you are using this authority, you need to make sure it’s correct.
Most often it is a family member of a hoarder that ends up with a hoarder house for sale. It is a new adventure for them. Usually not a pleasant one either.
It’s a question many face when they suddenly inherit a house without any prior knowledge on the situation. In this article, I will inform you of everything you need to consider if you’ve just inherited a house.
Nobody likes to think about having to take on the role of caring for their parents instead of their parents caring for them. Many times they are still home owners when this happens.
It may be that things got out of control and you want to downsize, minimize or need to relocate. Selling a cluttered home can seem like a huge task, but there are some options available to you.
Selling one’s own house can be a big enough challenge, but when one has to sell parents house it becomes an even bigger job.
If you are getting ready to renovate a hoarder house, the biggest challenge you may face is simply getting started. Just one look at the shape and contents of the house might seem overwhelming.