Home / Inherited house with mortgage / Questions
What if several siblings inherit the house?
Short answer
You’ll need to agree on keeping, buying each other out, or selling. If you can’t agree, a court can order a sale. Get advice early.
See every step in 1 minuteInheriting a house that still has a mortgage
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Official sources
- CFPB: inheriting a home with a mortgageconsumerfinance.gov
- HUD: reverse mortgages (HECM)hud.gov
- IRS: inherited property and taxesirs.gov