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

4010 S 178th Lane Goodyear, AZ 85338

$524,990

4 Beds

3.5 Baths

2,639 SqFt

Status Active

MLS # 6768888

Property Type Single Family Residence

Price Type --

Ready for quick move in! Welcome to the Juniper Floor Plan, a magnificent single-story haven meticulously designed to offer space, comfort, and versatility. Boasting an expansive 2639 square feet, this home provides a seamless fusion of elegance and practicality. Discover the allure of 4 beautifully appointed bedrooms, each offering a serene sanctuary for rest and rejuvenation. The Owners Suite stands out as a true retreat, featuring a walk-in closet that keeps your belongings organized and easily accessible. ALWAYS BUILT W/SPRAY FOAM INSULATION & TANKLESS WATER HEATER!!

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19436 W Valle Vista Way Litchfield Park, AZ 85340

$524,990

4 Beds

3.5 Baths

2,757 SqFt

Status Active

MLS # 6771577

Property Type Single Family Residence

Price Type --

Welcome home to the Hartwell. Featuring a Choice Study on the first floor perfect for remote or hybrid workers. A formal foyer and hall is the perfect centerpiece for family photos or your art collection. The entrance hall then leads you to the expansive open concept kitchen and living space ideal for holiday gatherings. Whip up some mouthwatering recipes in the open kitchen featuring an impressive walk-in pantry and dedicated breakfast nook. Upstairs bedroom 2 features an ensuite bathroom, making this plan perfect for multi-generational families. An upstairs loft creates the ideal location for family game night! No homes behind you and stunning mountain views are the cherry on top!

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4042 S 177th Avenue Goodyear, AZ 85338

$524,990

5 Beds

3 Baths

2,530 SqFt

Status Active

MLS # 6780520

Property Type Single Family Residence

Price Type --

Discover this exceptional single-story home in Goodyear, designed with 2,530 square feet of spacious elegance. With five bedrooms, three bathrooms, and a three-car tandem garage, this home offers both style and functionality. The grand foyer leads to a large open-concept kitchen featuring 36-inch umber slate cabinets, pristine white quartz countertops, a generous island, and a walk-in pantry, perfect for cooking and gatherings. Each bedroom includes a walk-in closet, with the primary suite boasting a huge walk-in closet and a luxurious en-suite bathroom complete with dual vanities, a soaking tub, and a walk-in shower. Thoughtfully selected finishes like Dal Vicinity white wood-like tile flooring, cozy beige carpet, and black pendant lighting add a modern touch. Enjoy a large covered patio ideal for outdoor relaxation. This home includes all appliances, from the kitchen to the washer, dryer, and window treatments, offering convenience and value. Please note, this property is currently under construction and will be ready in approximately six weeks. Located in a desirable neighborhood near schools, parks, shopping, and dining, this home will soon be the perfect blend of comfort, style, and convenience, waiting for its first residents.

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5537 W Paseo Way Laveen, AZ 85339

$524,990

3 Beds

2.5 Baths

2,178 SqFt

Status Active

MLS # 6748021

Property Type Single Family Residence

Price Type --

''Discover the Ruby floor plan, an exquisite single-level home that perfectly combines modern design with functional elegance. Spanning 2,178 square feet, this inviting residence offers a spacious and well-thought-out layout, featuring three generously sized bedrooms and two and a half beautifully appointed bathrooms. The Ruby's design is highlighted by a stunning modern desert exterior that seamlessly integrates with its surroundings. A striking 4-panel sliding glass door in the Great Room creates a seamless transition to the outdoors, ideal for both entertaining guests and enjoying serene moments. The heart of this home is the stylish kitchen, equipped with Stone Gray cabinets and Quartz countertops, complemented by a chic 3x12 tile backsplash. The kitchen also includes a GE stainless steel side-by-side refrigerator, making meal preparation both practical and delightful. Elegant 6x24 wood-look plank ceramic tiles flow throughout the home, adding a touch of warmth and sophistication. In addition to the main living areas, the Ruby features a versatile bonus den space, perfect for an office, playroom, or additional living area. A large walk-in pantry provides ample storage, while the GE electric washer and gas dryer offer modern convenience in the dedicated laundry area. The home's thoughtful design extends to its exterior, with pavers at the driveway enhancing its curb appeal. Satin nickel cabinet hardware adds a refined touch to the home's interior details. Situated on a north/south facing homesite, the Ruby benefits from optimal natural light and energy efficiency. Experience the Ruby floor plan, where contemporary style meets practical living, creating a harmonious environment perfect for modern lifestyles.

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25588 N 154th Lane Surprise, AZ 85387

$524,990

4 Beds

3 Baths

2,435 SqFt

Status Active

MLS # 6780869

Property Type Single Family Residence

Price Type --

This is an amazing home, this quick move-in Pearl floor plan is indeed one of our best-selling homes, it boasts a stunning design with upgraded kitchen cabinets, quartz countertops and a stylish backsplash, the master bathroom includes a spacious shower, the home is equipped with Smart Home Technology, and is also Energy Star Certified, ensuring energy efficiency, the oversized sliding glass door provides abundant natural light and easy access to the outdoors, the upgraded electrical package and recessed can lighting enhance the overall ambiance of the home, window coverings are included for privacy and aesthetics, and of course the home comes with a garage door opener for convenience and security, it's a perfect combination of style, functionality and modern features, come and see!

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31327 N 130th Avenue Peoria, AZ 85383

$524,990

4 Beds

2 Baths

1,901 SqFt

Status Active

MLS # 6778912

Property Type Single Family Residence

Price Type --

This homes features a quaint, covered front porch ideal for welcoming guests. Walk through the spacious foyer and gallery hall to the grand open concept dining and great room ideal for hosting and entertaining. A centralized laundry room makes access easy from any room in the home. A back covered patio perfect for taking in the surrounding Peoria mountains and Southwest landscape is the cherry on top! This home is loaded with upgrades from its gourmet kitchen with huge island, stainless gas appliances, 9' ceilings and wood plank tile floor throughout. Located in the highly desirable Vistancia masterplan, resident will enjoy access to the 3.5-mile Discovery Trail, and two state of the art recreation centers.

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22750 E Roper Lane Florence, AZ 85132

$524,900

4 Beds

2.5 Baths

2,000 SqFt

Status Active

MLS # 6748347

Property Type Single Family Residence

Price Type --

Just found your new home , Huge three car garage with exit door , 2x6 construction, split bedrooms with a master closet as big as you would find in much bigger homes , Nice front porch , also a big back patio walk into a nice sized great room , Kitchen has very generous kitchen cabinets and a large Island . Master has tub and walk in shower with tile surrounds . Flooring allowance allows for tile and upgraded carpet. Hurry home is nearing completion and moving fast will be completed by 1st of November 2024

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1285 E Mcmurray Boulevard Casa Grande, AZ 85122

$524,900

4 Beds

2.5 Baths

2,327 SqFt

Status Active

MLS # 6755158

Property Type Single Family Residence

Price Type --

This AMAZING CUSTOM HOME now available! This is paradise in the desert. Custom home with sparkling POOL, covered heated SPA w/ custom shower, ARIZONA ROOM, FIRE PIT (enjoy the cool evenings with a beverage), CITRUS trees, custom walls and fencing, circular driveway and more! Inside this beautiful home offers an amazing custom feel with TILE, FIREPLACE, upgraded appliances, GRANITE, vaulted ceilings (WOOD tongue and groove and WOOD beams), plantation shutters, amazing finish work and more. The owner's suite is a retreat in and of itself...with an gorgeous bathroom with separate garden tub and shower. This home offers separate space that can be used for DINING space, a home office, work out room, storage space and more. Scottsdale feel right here in Casa Grande. Don't miss this gem! NO HOA!

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19772 W Grant Street Buckeye, AZ 85326

New

$524,900

4 Beds

3 Baths

2,369 SqFt

Status Active

MLS # 6796652

Property Type Single Family Residence

Price Type --

Beautiful home in a great location. Home features 4 bath plus a den, it can easily be converted into a casita or great for rental or to have guest in own space. Open floor concept. Come see this home today.

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15272 W Georgia Drive Surprise, AZ 85379

$524,900

3 Beds

2 Baths

2,200 SqFt

Status Active

MLS # 6778453

Property Type Single Family Residence

Price Type --

This stunning single-story home boasts an array of exceptional features. Nestled in the desirable Marley Park neighborhood, it's within easy walking distance to local shops, businesses, school, and the community pool house. The open-concept floor plan flows seamlessly, with a spacious great room connected to a beautifully designed kitchen featuring wall-to-wall cabinetry, a large island, and stainless steel appliances. The luxurious master suite, privately situated at the rear of the home, offers a serene retreat. Two additional bedrooms, a full bath, and a versatile bonus room—ideal for an office, dining space, or potential fourth bedroom—enhance this thoughtfully designed layout. Outside, enjoy a charming side courtyard with a fireplace, perfect for cozy gatherings, as well as a generous backyard complete with a pergola, fire pit, lush grass, and mature landscaping. This home combines elegance with functionality, offering an ideal setting for both relaxation and entertaining.

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4200 N Miller Road Unit 313 Scottsdale, AZ 85251

$524,900

2 Beds

2 Baths

1,289 SqFt

Status Active

MLS # 6781445

Property Type Apartment

Price Type --

Welcome to this newly renovated corner unit at the luxurious Marquessa. The eat-in kitchen comes with granite counters and matching backsplash, crisp white cabinetry recessed lighting and brand new SS appliances. Both bedrooms have upgraded plush Berber carpeting. Owner's suite has an ensuite with dual sinks, and a walk-in closet. Both bathrooms have been renovated with new faucets, toilets and beautifully tiled showers. Venture out onto the wrap around balcony, offering a fantastic view of the surroundings and mountain views. Community amenities include recreation center, a workout facility, a reading room, billiards room, yoga room, a refreshing pool, a spa, picnic spots and BBQ, and impeccably maintained common areas. Conveniently located within walking distance of Old Town Scottsdale.

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801 W Country Lane Payson, AZ 85541

$524,900

2 Beds

2 Baths

1,323 SqFt

Status Active

MLS # 6787233

Property Type Single Family Residence

Price Type --

Location, Location, Location. New construction, low maint, custom design w/ high quality finishes. An ideal location tucked in on a quiet street w/ walking path to Rumsey Park. Offering hiking trails, sport activities, library and a walk around neighborhood. One level, no steps, comfortable open floor plan with an abundance of natural lite. Front & rear covered patios and a peaceful ambiance. Beautiful cabinetry, LED lighting, low sheen finishes, custom tile work, large island, very energy efficient. Anderson windows, all appliance and window coverings included, custom showers w/ large format tile, European oak wide plank floors, black matt & gold hardware. Three panel solid core doors, 9' ceiling height, all electric w/ smart lighting. Seller is AZ LIC Broker

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