3 Things You Must Do after Inheriting a Home

There 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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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

602 E Amarillo Circle Payson, AZ 85541

$525,000

4 Beds

3 Baths

2,452 SqFt

Status Active

MLS # 6793439

Property Type Single Family Residence

Price Type --

This charming 4-bedroom, 3-bathroom home within a mile to hiking trails, park and shopping is perfect for a large family, nestled in a desirable, friendly cul-de-sac offers a private fenced yard allowing for RV parking, space for gardening plus a private brick pad with a separate breaker for a spa or jacuzzi. Enjoy the outdoor living space with a large front covered porch and large covered deck in the back. The lower level of this spectacular home can also be used for In-Law suite, separate guest quarters or rental income. Upgrades and improvements including a new roof installed in 2024. Other improvements are new gutters, reinstalled irrigation systems, 8 x 12 shed and the garage remodeled to fit an extended bed truck. In the upstairs as well as downstairs you will find newly remodeled master baths, new flooring installed throughout the house, main kitchen remodeled, new appliances with new washer & dryer all completed in the past 3-5 years. Also notice security doors upstairs and downstairs added as well.

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2616 S Tobin -- Mesa, AZ 85209

$525,000

4 Beds

2.5 Baths

2,236 SqFt

Status Active

MLS # 6733880

Property Type Single Family Residence

Price Type --

Welcome to the highly desired community of Mulberry in East Mesa! This beautiful 4-bedroom, 2.5-bath home boasts an open floor plan with an office space on the main level. The open-concept living area is filled with natural light. The gourmet kitchen features modern appliances, granite countertops, and a large island. The master suite is a true retreat with a luxurious en-suite bath, and walk-in closet. Mulberry offers amenities for an active lifestyle, including pickleball and tennis courts, two community pools, a clubhouse, and multiple parks. Come check out this lovely home in one of East Mesa's top communities.

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15708 W Whitewood Drive Sun City West, AZ 85375

Open House

New

$525,000

2 Beds

2.5 Baths

1,825 SqFt

Status Active

MLS # 6793850

Property Type Single Family Residence

Price Type --

SENSATIONAL 5-STAR UPDATES! Complete remodel in this 2bd/2.5ba Ventana offering custom modern designed interior upgrades throughout! RARE-2 car, PLUS a designated Golf Cart bay PLUS a Workshop space in the garage! Grand Double Door front entrance. Distinctively designed kitchen with quartz countertops, undermount sink, custom backsplash, shaker cabinetry throughout w/matte black cabinet hardware, new stainless steel appliances (gas stove) pantry & kitchen island. Both bedrooms have a remodeled ensuite bath. Primary bath has dual sinks, a separate free standing soaking tub & spa-like shower. HUGE walk-in closest with built-in organizers. Large great room with a designated den/office, sliders to the back patio and a completely refinished gas burning fireplace, and floating mantel. Almost like buying new construction the detailed list of renovations to the home is extensive. The highlights are: New interior and exterior paint. New enclosed front courtyard with pavers. New wood-grained ceramic tile throughout - no carpet. New Quartz Counter tops throughout the kitchen & baths New Shaker cabinetry throughout, New Comfort level vanities in the bathrooms, new sinks & plumbing fixtures throughout. New window coverings, door hinges, handles and drawer pulls. New light fixtures (inside and out), ceiling fans, GFCI receptacles and rocker switches. 10' Ceilings in most of the home with a vaulted ceiling in the guest bedroom. Inside laundry room with a solar tube. The garage has a ton of workspace plus lots of storage cabinets. The property is primarily N/S facing with an extended back patio the covers almost the full width of the property. Termite Warranty until 11/25. Due to the 5-Star condition and utility, this home is a RARE find and will likely check all of your boxes! Low Taxes and NO HOA! How can it get any better?! Professional pics and 3D Video added 12/12

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1547 Calle Encantada -- Wickenburg, AZ 85390

Open House

$525,000

2 Beds

2 Baths

2,004 SqFt

Status Active

MLS # 6782639

Property Type Single Family Residence

Price Type --

This charming Santa Fe-style home, located in the exclusive Pueblo Casandra community, offers a serene retreat in a prime cul-de-sac location. Featuring exquisite craftsmanship throughout, the home boasts knotty alder cabinetry, custom light fixtures, and an impressive 12-foot ceiling height. A beehive fireplace adds warmth and character to the spacious living areas, while the tiled medallioned entry and solid oak 8-foot doors set the tone for the home's inviting atmosphere. The private backyard is an entertainer's dream, with an extensive flagstone patio, thoughtfully landscaped the entire property is designed to offer a low-maintenance, tranquil lifestyle. The community amenities include a sparkling pool, spa, and a cabana—ideal for unwinding in a in a peaceful, resort-like environment.

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10624 E Forge Avenue Mesa, AZ 85208

Open House

$525,000

4 Beds

2.5 Baths

2,038 SqFt

Status Active

MLS # 6786659

Property Type Single Family Residence

Price Type --

Seller may consider buyer concessions if made in an offer.Welcome to this beautifully maintained property with fresh interior paint on the best lot in the area! The primary bathroom boasts double sinks for added convenience. Enjoy outdoor living with a covered patio overlooking the fenced-in backyard. The private in-ground pool is perfect for summer relaxation, and a storage shed provides extra space for your belongings. The recent partial flooring replacement adds a touch of modernity. This home offers the perfect blend of comfort and style. RV gate and concrete pad. Conveniently located with easy access to the US 60 and Loop 202, and just minutes from Mesa Gateway airport and see this gem for yourself.

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1149 W Joshua Tree Avenue San Tan Valley, AZ 85140

Open House

New

$525,000

3 Beds

2 Baths

1,790 SqFt

Status Active

MLS # 6796386

Property Type Single Family Residence

Price Type --

Situated on a corner lot, this beautiful home in Ironwood Crossing offers the perfect blend of comfort, style, and functionality. With an open-concept layout and high ceilings, the home feels bright and welcoming, while glass sliders invite you to enjoy the backyard oasis. The sparkling pool with a sleek waterfall feature, lush landscaping, and citrus trees create a serene outdoor retreat ideal for relaxing or entertaining. At the heart of the home is a modern kitchen designed to impress, featuring white cabinetry, a large center island, a custom backsplash, and stainless steel appliances. Whether it's preparing family meals or hosting friends, this kitchen is both stylish and practical. The split floor plan provides privacy and convenience, with a spacious primary suite that includes a floor-to-ceiling large glass shower and a walk-in closet. The guest bedrooms are thoughtfully located on the other side of the home, and a bonus office space offers flexibility for work or hobbies. Living in Ironwood Crossing means access to fantastic neighborhood amenities, including pickleball courts, frisbee course, kids' playgrounds, a clubhouse, and a community pool.

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16648 W Adams Street Goodyear, AZ 85338

Open House

$525,000

4 Beds

2 Baths

2,279 SqFt

Status Active

MLS # 6784869

Property Type Single Family Residence

Price Type --

Beautiful and spacious, this one is a gem. Move-in ready, this refreshed 4 bedroom, 2 bath home with a sparkling pool is waiting for its new owners. Practical bonuses include new stainless-steel appliances, an ample 3-car garage and abundant storage. The heart of the home is the expansive great room -- with soaring ceilings and a wall of windows that bathe you in natural light while beckoning to the large, covered patio and pool with sounds from the beautiful waterfall. The private primary suite also features a vaulted ceiling plus spacious bath, walk-in closet, and separate entry to the patio and pool. Canyon Trails features numerous walking paths, parks and playgrounds. Conveniently located with access to 303 and I-10; close to schools, shopping & restaurants. Don't miss this one!

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9859 E Tungsten Drive Mesa, AZ 85212

Open House

New

$525,000

3 Beds

2 Baths

1,898 SqFt

Status Active

MLS # 6795923

Property Type Single Family Residence

Price Type --

Situated within the gated section of the highly sought-after Eastmark community, this home exudes curb appeal with its stone accents and paved driveway. Step inside to discover elegant white wooden shutters, wood plank tile flooring, and a neutral paint palette that flows throughout. The kitchen is a true highlight, featuring granite countertops, staggered white shaker cabinets with under-cabinet lighting, stainless steel appliances, and an RO system. Overlooking the main living area, this space is flooded with natural light and boasts an extended shiplap accent wall, seamlessly tying the two spaces together. The primary suite is generously sized and includes Berber carpet, dual sinks, a separate tub and shower, and a spacious walk-in closet. Two additional bedrooms, perfectly sized, are conveniently located near a versatile teen room that can function as a playroom or flex space. A dedicated office near the front door offers a quiet space for work or study, while the oversized laundry room includes a sink for added convenience. Step outside to your backyard oasis, complete with an extended pergola, pavers, artificial turf, and mature lemon and lime trees. A professional-grade misting system ensures comfort during warm summer days, making this space ideal for relaxing or entertaining. Living in Eastmark means enjoying a resort-style lifestyle with access to luxurious pools, splash pads, numerous parks, the charming Steadfast Farm, and the state-of-the-art clubhouse, The Mark, which hosts year-round events and activities. Don't miss this opportunity to make this exceptional home yours!

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22111 N Tournament Drive Sun City West, AZ 85375

Open House

$525,000

2 Beds

2.5 Baths

1,881 SqFt

Status Active

MLS # 6784331

Property Type Single Family Residence

Price Type --

Nestled on the 9th fairway of the Deer Valley Golf Course, this beautifully maintained Ventana floor plan offers stunning triple fairway views! Designed by Greg Nash & Billy Casper, the golf course provides a serene backdrop visible from your spacious back patio, kitchen window breakfast nook, living room and formal dining area. Built in 1994, this 1,881 sq. ft. home features two primary suites, two versatile office/craft spaces, and a convenient half bath. Lovingly cared for by the original owners, it boasts newer appliances, including a gas stovetop, and a generously sized pantry. The roof underlayment was replaced in 2021, ensuring peace of mind. Don't miss this rare gem with breathtaking views and timeless charm!

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9536 E Travertine Avenue Mesa, AZ 85212

Open House

New

$525,000

3 Beds

3 Baths

2,184 SqFt

Status Active

MLS # 6796060

Property Type Single Family Residence

Price Type --

$7,000 offered to buyer for closing costs by seller! Move in ready as you walk thru the front door, you will notice the vaulted ceiling, 20'' tile flooring in all the right places & upgrades galore! Open concept kitchen features large island with granite counters & upgraded espresso cabinets. Electric fireplace w/ shiplap, pre-wired surround sound, spacious kitchen & pantry with additional under stairs storage & mud room with built ins are just the beginning. 2nd level has a spacious open loft area, laundry with cabinet & sink option, upgraded feature walls in bedrooms 2 & 3 to the large master bedroom with walk in shower to the expansive walk-in closet, this home does not disappoint! A true gem within a resort style community with parks, pools, rec work out facility, entertaining & more!

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44261 W Palo Nuez Street Maricopa, AZ 85138

Open House

New

$525,000

3 Beds

2.5 Baths

2,595 SqFt

Status Active

MLS # 6796234

Property Type Single Family Residence

Price Type --

This 2020 built 3-bedroom, 2.5-bathroom, 2-story home offers 2,594 sqft of spacious living in a welcoming community. Featuring tile flooring and an abundance of natural light, the home exudes a fresh and inviting feel throughout. The floor plan features an upstairs loft and a den, perfect for a home office. The kitchen is a highlight, boasting granite countertops, a walk-in pantry, and stunning lighting fixtures. A glass sliding door opens to a beautifully landscaped backyard. The home includes an RV garage with electronic doors that provide access both to the front and back yards. The fully landscaped backyard completes this perfect package, offering a private and serene space. Additionally, the home comes with owned solar, making it an energy-efficient choice for the modern homeowner. This 2020 built 3-bedroom, 2.5-bathroom, 2-story home offers 2,594 sqft of spacious living in a welcoming community. Featuring tile flooring and an abundance of natural light, the home exudes a fresh and inviting feel throughout. The floor plan features an upstairs loft and a den/office. The kitchen is a highlight, boasting granite countertops, a walk-in pantry, and stunning lighting fixtures. A glass sliding door opens to a beautifully landscaped backyard. The home includes an RV garage with electronic doors that provide access both to the front and back yards. The fully landscaped backyard completes this perfect package, offering a private and serene space. Additionally, the home comes with owned solar, making it an energy-efficient choice for the modern homeowner.

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20139 N Rawhide Way Surprise, AZ 85387

Open House

$525,000

2 Beds

2 Baths

2,075 SqFt

Status Active

MLS # 6683829

Property Type Single Family Residence

Price Type --

Beautifully maintained spacious Sierra Model! Large great room with updated media wall (built-in sound system), formal dining area, and spacious kitchen with Corian counter tops, breakfast bar, island, lots of storage, and expanded dining nook. Den is large with office / studio space and storage. Very large master suite with bay window, door leading to patio, and walk-in closet with wonderful storage system. Flooring is large tile, except carpets in bedrooms and den. Neutral paint, plantation shutters. 4' extended garage with one wall of storage closets. Newer appliances -fridge '23, hot water tank '24, newer HVAC system 14 Seer '19, exterior painting '23). SCG is 45 or older age restricted. Furniture is available with sale.

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