3 Things You Must Do after Inheriting a Home

3 Things You Must Do after Inheriting a HomeThere can be a lot of excitement when it comes to the realization that you’ve inherited a home, but simply because it’s an inheritance doesn’t mean there aren’t a few strings attached. Whether you’re expecting to be gifted with a home in the future or you’re currently going through this process, here are a few things you may need to watch out for.

The State Of The Mortgage

Once a home has been effectively handed over to you, it’s important to determine the status of the mortgage with the lender and if anything is still owed. While you have the option of taking over the mortgage in a lot of cases, in the event that there’s a reversible mortgage or you’re choosing to rent it out as a second property, you may not be able to transfer the mortgage. While this can often be a rather seamless process, if money is owed there can be other factors to consider.

Determine If You Want It

If you already have a first home and don’t want to take care of your second property as a rental unit, it’s important to realize that keeping the home may not be the best decision for you. While you have the option of organizing a short sale if you’d like to get it off of your hands, you can also contact a real estate agent who will be able to provide you with advice on how to proceed if you’re unwilling (or unable) to take control of the property.

Is It In Good Condition?

Whether you want to keep the home or not, there can be cases where it’s not even a question if it’s a home that you’re going to end up investing money into without much return. In the situation that a lot of money is owed on the house or there are serious issues with its general condition, you may want to release yourself from the inheritance and move on with your financial situation still intact.

There can be an instant feeling of acquired wealth in the event that you’ve inherited a home, but a home in bad condition or that you don’t want to take care of can end up being more of a headache than anything else. If you’re currently considering your options when it comes to a home inheritance, please contact me for more information – J.P. Cook – 602-320-4253.

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34848 N Desert Ridge Drive Scottsdale, AZ 85262

$2,375,000
3 Beds
3 Baths
3,600 SqFt
Status Active
MLS # 6794376
Property Type Single Family Residence
Price Type --
This architecturally striking home, a mid-century modern original from the famed Arizona architect Al Beadle, is offered to the discerning buyer who desires to live outside the box of ordinary! Beadle meticulously sited the home, capturing breathtaking sunrises and sunsets through his signature floor-to-ceiling windows, some of which present below grade to flow seamlessly into the surrounding landscape. This home beautifully showcases Al Beadle's unmistakable perspective, brimming with his iconic signature style. The entire property exemplifies pride of ownership with decades of quality updates, renovations, and upgrades that carefully adhere to the original design. Luxury features have been added, like an exterior 50 amp charging station, whole-house smart home features and surround sound audio, home security systems, automatic sunshades, and upgraded, app-controlled equipment for the pebble sheen pool. Also added is a sizeable haven for your pet, built above and below ground for protection from the wild ones. The property is also ideal for the car enthusiast, with an extended 3-car garage sporting industrial glass doors and a generous enclosed storage room. Step inside this thoughtful split-floor plan with a kitchen and living room made for hosting, whether you entertain around the modern stone fireplace or cozy up in the breakfast nook with views of the surrounding desert scene. The well-appointed kitchen includes copious storage, upgraded appliances, a pantry, backlit lower cabinets, stainless steel backsplash, and framed, ground-level windows. There are three wings to the home, with two master suites that include private patios, en suite baths, sitting areas, walk-in closets, beautiful soaking tubs, and sunshades for privacy. The primary master is designed to be the homeowner's retreat, including its en suite bath which is a retreat unto itself. In the third wing of this extraordinary home, you'll find a bedroom perfect for an office or a guest suite, offering meditative views of the pristine pool and the surrounding desert. Sunlight flows beautifully and reflects off the subtle, metallic sheen found throughout the home. The theme of this property is elegant design that blends beautifully with the Sonoran Desert, perfect for the wildlife enthusiast looking for sophisticated, modern living. You feel the serenity immediately as you approach the circular driveaway under the vibrant, tensile shade. Nestled on over two acres, this secluded property offers beautiful views of Sunrise Mountain. Convenient access to hiking and biking trails with opportunities awaiting at the Legend Trail Golf Course and an array of shopping and dining options in Cave Creek, Carefree, and Scottsdale.

1312 E Coyote Pass -- Unit 186 Carefree, AZ 85377

$2,375,000
3 Beds
3.5 Baths
3,510 SqFt
Status Active Under Contract
MLS # 6796509
Property Type Single Family Residence
Price Type --
Nestled within the prestigious and highly coveted Boulders Resort Community, this impressive 3-bedroom, 3.5-bathroom modern masterpiece boasts countless upgrades and redefines luxury living. Positioned on an enviable golf course lot, the home offers uninterrupted panoramic views of the iconic Black Mountain and a beautifully landscaped courtyard. The interior spans a generous 3,541 square feet with an open-concept, split floor plan design that blends sophistication and contemporary elegance. The refined finishes are highlighted by soaring ceilings and oversized windows that bathe the home in natural light. The chef-inspired gourmet kitchen is a culinary sanctuary, complete with polished granite countertops, an expansive island and custom cabinetry, perfect for entertaining in style. Each of the spacious bedrooms have ensuite bathrooms and large walk-in closets. The primary bedroom is massive and showcases a spa-like bathroom complete with dual vanities, a tiled shower and soaking tub. Gas fireplaces throughout the home add to the inviting ambiance. Step outside to your private patio oasis, where a built-in BBQ and firepit set the tone for alfresco dining or quiet relaxation. Adding to its allure, the home includes a spacious 3-car garage with epoxy flooring and ample storage. As a resident of this exclusive gated community, you gain access to an array of world-class amenities, including a luxurious clubhouse, resort-style pool and spa, and privileged access to the renowned championship golf course. This is more than a home, it's a statement of unparalleled luxury, comfort, and prestige in one of the most desirable enclaves imaginable.

11299 E Desert Vista Road Scottsdale, AZ 85255

$2,375,000
3 Beds
3.5 Baths
4,132 SqFt
Status Active Under Contract
MLS # 6797739
Property Type Single Family Residence
Price Type --
Features of note on this amazing, architectural design by the famed Chicago based builder, Landmark Design Group, include, coffered ceilings, custom floor to ceiling gas fireplace, and 10 foot tall sliding doors, mountain views and heated pool. The chef's kitchen includes custom artisan cabinetry, marble countertops and wolf-subzero appliance package. Three en-suite bedrooms. Enjoy the McDowell Mountain views from primary suite! Gorgeous bathroom with and his and hers walk in closets with a separate private entrance into the laundry room. The incredible views continue from the patio with a custom pool, hot tub, and water features including a built-in barbecue area with Wolf appliances. Don't miss out on this dream home in Troon!!

11440 E Winchcomb Drive Scottsdale, AZ 85255

$2,375,000
5 Beds
3.5 Baths
3,816 SqFt
Status Active
MLS # 6798413
Property Type Single Family Residence
Price Type --
If you're looking for space around you and incredible views, don't miss this beautiful single level home situated on just over an acre with majestic mountain views to the north and east, and city light views to the south and west. A gated enclave of just 25 homes, Sonoran Estates II is McDowell Mountain's best kept secret, offering large homesites averaging 1.8 acres with natural open space dedicated to each lot. Built in 2003, this 5 bedroom, 3.5 bathroom split floor plan features a neutral color palette, elegant stone flooring, and large view windows throughout. The light and bright kitchen, open to the family room, is well appointed with stainless steel appliances, an island with bar seating, plenty of counter space, and a generous area for casual dining. The spacious owner's suite features large picture windows, a sitting area, dual walk-in closets, and a spa-like ensuite bathroom. There is lots of space to relax and entertain in the resort backyard, which includes an infinity edge pool with water feature, grassy play area, firepit, lush vegetation, and a spacious covered patio that can be accessed from all the main living areas of the home. With natural open space directly across the street, the unobstructed views of the city to the south can be enjoyed from the front courtyard patio. Residents of McDowell Mountain Ranch have access to 2 community centers offering swimming pools, pickleball and tennis courts, children's playgrounds, splash pads, sport courts, and miles of walking paths throughout the neighborhood that connect with the McDowell Sonoran Preserve. In addition, the community is home to McDowell Mountain Ranch Golf Club and two neighborhood retail centers, and the City of Scottsdale Aquatic Center and skate park. This A+ location also has quick access to the best shopping and dining that Scottsdale has to offer.

41504 N 107th Way Scottsdale, AZ 85262

$2,367,000
3 Beds
3.5 Baths
2,941 SqFt
Status Active
MLS # 6745885
Property Type Single Family Residence
Price Type --
SEVEN GOLF MEMBERSHIP AVAILABLE. This is an amazing opportunity to move right into this Remodeled and fully Furnished (turnkey) home located in the exclusive guard-gated community of Desert Mountain. Nestled at the end of a cul-de-sac on a large lot, with ample room to add an ADU, this rare find in the village of Cochise Ridge offers an expansive and private outdoor patio with negative edge pool, beautiful rock waterfall and spa overlooking the natural open space, mountains and city lights. The open floor plan residence with modern finishes that exudes elegance and comfort is ideal for both relaxed family gatherings and entertaining with a huge flat screen TV and Sonos surround sound audio. The open residence seamlessly flows from living room/great room into a fully stocked gourmet kitchen, equipped with high-end appliances, large pantry in 100+ bottle dual zone wine cooler, sleek countertops, and ample cabinetry for the culinary enthusiast. The home offers three generously sized ensuite bedrooms, each with its own private bathroom, ensuring a serene retreat for family and guests. The primary bedroom is secluded on a separate wing with a large walk-in closet, gas fireplace and private patio. Step outside to discover your personal oasis: a negative edge pool integrated with a desert rock waterfall spa offering ample patio/deck space with breathtaking views and the perfect setting for a refreshing swim or sunset cocktails. Entertain with ease in the separate outdoor BBQ and al fresco dining area, where you can host unforgettable gatherings with friends and family. Spa and Pool Equipment all New. An oversized two-car garage with epoxy floor coating, whole house water conditioning system, industrial shelving and double garage doors provides ample space for your vehicles and additional storage needs. This home is available TURNKEY including furniture, full kitchen supplies, linens, some art and more. - just bring your toothbrush. A transferrable SEVEN GOLF MEMBERSHIP is available to transfer via a separate purchase through the Desert Mountain Club. Extensive list of upgrades. New Spa New pool equipment $3500 pellet grill Newly reconditioned bbq Almost New (barely used) Furniture New AC unit New Air Handler Industrial Garage Shelving All new TV's and Sonos sound system Two wine refrigerators Large gun/valuables fire safe Original art Extensive landscape lighting Smart home controls for multi area temperature control, pool temperature and wifi weather station. Embrace the Desert Mountain lifestyle with world-class amenities, stunning natural beauty, and the privacy of a prestigious community. Make this your full-time residence or the ultimate vacation getaway.

3749 E Juniper Circle Mesa, AZ 85205

$2,350,000
5 Beds
5.5 Baths
4,374 SqFt
Status Active
MLS # 6754049
Property Type Single Family Residence
Price Type --
This home is a collector's paradise, boasting unparalleled elegance and move-in readiness. With recent upgrades enhancing every corner, it offers the pinnacle of luxury living. The open floor plan features bedrooms each with their own ensuite, complemented by walk-out patios and a private backyard oasis that promises a resort-like experience. The home shines with fresh interior paint and a state-of-the-art misting system, alongside top-tier amenities like the Ferrari of Toto Toilets, a new AC unit, and water heaters. A whole-house water filtration and soft water system, therapeutic hot tub, and indoor/outdoor Minka Fans further elevate the living experience. For car enthusiasts, the property includes a true 6-car garage with Swiss Trax flooring and air conditioning for extra comfort. The chef's kitchen is a dream, equipped with Subzero/Wolf appliances and an extension of the outdoor kitchen ideal for entertaining. Every detail in this home has been meticulously attended to, making it a one-of-a-kind property on the market. Don't miss out on the opportunity to explore all the exceptional features when you view this home & receive a complete list of enhancements!

6420 E Cholla Street Scottsdale, AZ 85254

$2,350,000
4 Beds
2.5 Baths
2,514 SqFt
Status Active
MLS # 6770117
Property Type Single Family Residence
Price Type --
Welcome to Cholla compound with a modern home that seamlessly blends luxury and leisure, featuring an open-concept design with large windows that flood the interior with natural light. The centerpiece is a sleek living area with vaulted ceilings that flows into a gourmet kitchen, equipped with high-end appliances and stylish finishes. Natural wide plank flooring throughout. Step outside to discover an expansive outdoor space, complete with a shimmering swimming pool and a relaxing spa, perfect for unwinding. Adjacent to the pool, a private pickleball court offers a fun way to stay active. Natural grass, turf combined with pavers make for a finished look. Multiple gates provide access for rv and other toy storage. The property also includes a separate garage equipped with HVAC, ensuring comfort year-round and ample storage for vehicles and recreational gear. This home truly embodies the ideal blend of contemporary living and recreational amenities. Could be converted to a guest casita. This modern home boasts an inviting outdoor space enhanced by a stylish pergola, perfect for outdoor dining and relaxation. The expansive area is designed for both leisure and entertainment, complementing the swimming pool spa and outside shower beautifully. Inside, a spacious laundry and mudroom adds convenience, featuring ample storage and functional design to keep the home organized. This seamless blend of indoor and outdoor living, combined with thoughtful amenities, creates an ideal environment for modern lifestyle. Please see attached documents with added amenity details.

35036 N 85th Street Scottsdale, AZ 85266

$2,350,000
3 Beds
3.5 Baths
4,433 SqFt
Status Active Under Contract
MLS # 6774947
Property Type Single Family Residence
Price Type --
See property video. Stunning 2019 built home set on a spacious ¾-acre private lot within the highly sought-after gated community of Andaluza. Just minutes away from multiple grocery stores, restaurants and the Boulders Resort and Spa featuring two signature 18-hole golf courses, tennis and pickleball courts, gym, spa and more, memberships available to outside residents. The open-concept design showcases a great room layout with soaring 12ft ceilings and a gourmet chef's style kitchen, complete with two large islands, quartz countertops, a Wolf 6-burner cooktop with griddle, oversized refrigerator, dual ovens, a walk-in pantry, and an additional prep area with custom cabinetry throughout. The luxurious primary suite includes a versatile flex space, perfect for a home gym or office, and a spa-like bathroom with dual vanities, a free-standing tub, walk-in shower with dual shower heads, and two generous walk-in closets offering abundant storage. The home also features two additional ensuite bedrooms, a large dining room comfortably seating 8+, and a formal living room that could easily be converted into a home office or remain as an additional seating/entertaining area. The expansive great room is a highlight with its gas fireplace, beamed ceilings, and a 12ft bi-fold door that opens fully to the covered patio, creating seamless indoor-outdoor living - ideal for Arizona's perfect weather. Outside, the pristine backyard oasis offers a heated PebbleTec pool and spa with an automated Pentair system, an artificial turf putting green, travertine pavers, a misting system, and lush landscaping accented by landscape lighting. Additional features include dual 4-car garages with epoxy flooring and overhead storage, a wet bar with a wine fridge, custom window treatments, and more.

240 Casitas Court Sedona, AZ 86351

$2,350,000
4 Beds
5 Baths
3,624 SqFt
Status Active
MLS # 6777299
Property Type Single Family Residence
Price Type --
Contemporary Luxury with Spectacular Views! This stunning, to-be-built modern home offers breathtaking, panoramic views of Bell Rock, Castle Rock, Lee Mountain, and Courthouse Butte. With no HOA restrictions and short-term rentals allowed, this property is the perfect blend of elegance and investment potential. The design features a floor-to-ceiling window wall that opens up, seamlessly blending indoor and outdoor living spaces. Highlights include: 3,624 sq ft of sleek, contemporary design with 4 bedrooms and 4.5 bathrooms Energy-efficient construction with 2x8 walls, 2'' exterior foam insulation, a metal roof, and owned solar panels Multiple outdoor spaces: 3 view decks and a covered patio, including an outdoor kitchen with a built-in BBQ Spacious Great Room with a gas fireplace, open kitchen, and dining area Luxurious main-level Master Suite with stunning views and a split guest bedroom with a private bath Lower level includes 2 guest suites, a living room, and a 3-car garage Elevator shaft for future accessibility and 220 electric in the garage, ready for electric vehicles Prime location, just minutes from hiking trails, local markets, dining, and three golf courses. Conceptual images are provided, with materials and renderings subject to change. Features include stacked stone exterior, concrete flooring on the lower level, cork floors on the main level, and plush carpet in the bedrooms. This home is designed for the ultimate Sedona lifestyle with its sleek contemporary design and unbeatable views.

7946 E Soaring Eagle Way Scottsdale, AZ 85266

$2,350,000
4 Beds
5 Baths
4,273 SqFt
Status Active
MLS # 6779316
Property Type Single Family Residence
Price Type --
Incredible custom home in Montesano at Winfield Resort. Owners have updated, upgraded, and maintained this home like few others. Mechanicals (AC's), roof, pool and 4 car garages all updated to the max. Resort pool backyard w/ built-in fireplace, bar-b-que island, htd pool/spa, covered and uncovered patios with captivating views to Winfield Mtn(75 acre boulder studded preserve). Large custom lot tucked away in tranquil cul-de-sac. Featuring three ensuite bedrooms and a full flex office/den/hobby or full 4th bedroom w/ walk in closet and 3/4 bath and private separate exit. The garages are split 2 and 2 with one side temp controlled, extended bays, workshop areas, storage room, epoxy floors, IMMACULATE. High volume ceilings, expansive kitchen/great room/ dining, master.Full resort amenities!

19735 E Sonoqui Boulevard Queen Creek, AZ 85142

$2,350,000
5 Beds
4 Baths
5,089 SqFt
Status Active
MLS # 6781997
Property Type Single Family Residence
Price Type --
ABSOLUTELY BEAUTIFUL 5 BEDROOM + DEN, 4 BATHROOM WITH 4 CAR GARAGE ON A HUGE 35,000+ SQUARE FOOT LOT IN CIRCLE G THAT HAS JUST UNDERGONE AN EXTENSIVE REMODEL (SEE PICS...ITS GORGEOUS!). HIGH CEILINGS, SEPARATE LIVING AND GREAT ROOMS, HUGE ISLAND KITCHEN WITH HIGH END APPLIANCES, QUARTZ COUNTERS, WOOD FLOORING THROUGHOUT, THE MASTER SUITE IS LARGE AND ELEGANT, SEPARATE SOAKING TUB AND HUGE SHOWER, THE BASEMENT FEATURES 2 BEDROOMS, A FULL KITCHEN AND STACKABLE WASHER DRYER AND THEATER ROOM/FAMILY ROOM. THE EXTERIOR BOASTS AN OVERSIZED 4 CAR GARAGE, TONS OF STORAGE INCLUDING A SEPARATE AIR CONDITIONED STORAGE AREA WITH ACCESS TO THE GARAGE AND BACKYARD (PERFECT FOR A CONDITIONED WORKSHOP), HUGE BACK PATIO, WITH OUTSIDE FIREPLACE, SPORT COURT, BEAUTIFUL PRIVATE POOL W GROTTO, NEW ROOF, ETC.

31521 N 48th Street Cave Creek, AZ 85331

$2,350,000
8 Beds
4.5 Baths
5,181 SqFt
Status Active
MLS # 6790673
Property Type Single Family Residence
Price Type --
Wow! If you're looking for your dream home w/all the bells & whistles, your search ends here! This marvelous masterpiece has it all! Boasting a 5-car garage, 3-carport parking, a circular driveway, striking stone accents, & a welcoming front porch. You'll love the meticulously maintained interior w/clean lines that exude modern sophistication, showcasing an inviting living room & a spacious family room enhanced by a stone fireplace & surround sound. Features like wood-look flooring, recessed lighting, plantation shutters, & fresh neutral paint add to the haven's appeal. Gourmet eat-in kitchen displays abundant white cabinetry adorned w/crown moulding, a center island, granite counters, ceiling pot rack, SS appliances, a breakfast bar, desk area, a walk-in pantry, & stone backsplash. Grand owner's retreat stands out, complete w/direct outdoor access & a lavish ensuite comprised of two vanities, a garden tub, & a walk-in closet. A HUGE bonus room w/a projector & dry bar is perfect for a home theater. There is more! Remarkable separate casita at the front provides a great room, kitchen, 2 bedrooms, & a bathroom. The balcony overlooks the backyard & enjoys mountain views. Entertainer's backyard is truly unparalleled, equipped w/a covered patio, gazebos, basketball court, exterior fireplace, built-in BBQ, & a refreshing pool w/rock waterfall. Hurry! Don't miss this gem that offers a lifestyle like no other!