Philip J. Cunningham Sr.
Market Force Realty
801 W Street Rd
Feasterville, PA 19152
I would be happy to meet with you to review your options for the sale of the property and getting you (and any other heirs) the most return on your uncle's investment.
Joshua Stein, ABRÂ®, e-ProÂ®
Coldwell Banker Preferred â€“ Conshohocken
Office: (610) 828-9558 * Cell: (215) 866-8030
Direct: (484) 270-1165 * Fax: (215) 999-5894
PA License #RS317975
Additionlly, there is PA Inheritance Tax, which can be up to 15% of the net value of the Estate depending on whom the Heirs are. The title company will also require that this be addressed at the closing either by proof of payment of the Inheritance taxes or by escrowing for payment of same.
Coldwell banker Hearthside Realtors
215-37902002- VM 112
I completely understand how you feel and its nothing to be embarrassed about. Gas and water are lienable items and are paid out of the proceeds from the sell of the property. In addition, since you inherited the property, there also might be inherited tax envolved, which also would have to be paid or escrowed with the sell of the property.
Please give me a call so we can discuss options.
Coldwell Banker Preferred
Your situation is not unfamiliar to me. I know you are upset but all is not lost. The property can be sold but all situations should be mentioned in the Sellers Disclosure and the title company would be responsible for resolving any outstanding issues at closing. Debts such as this follow the property, not he seller.
Give me a call, we can get together and resolve this...
Ernest J Coates, ABR CFP CDPE
Keller Williams Real Estate
Gas in Philadelphia is listenable which means the title company must collect what is owed to the gas company. The money collected will come out of the proceedings from the sold price.
Please call me so we can discuss further.
Century 21 Advantage Gold