Should You Keep or Sell an Inherited Property in New Jersey. In this video, I will go over how you decide whether to keep or sell an inherited property:
1. Research the various aspects of how to fix, clean and maintain the property.
2. If you inherit the property with other parties, like for example your siblings or cousins, you have to discuss and decide on what to do with it.
3. a. If you decide to keep it, you need to figure out the money required upfront to clean, repair and maintain the property.
b. If you decide to sell the property, you can go through a listing agent, sell it yourself, or sell it to an investor, who will be responsible for the processing and documentation of the sale.
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