Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

will property be re-assesed?

Posted on: 15th Mar, 2011 09:16 pm
my husband is going to inherit his mom's house; where he has also lived most of his life. i think a quit claim deed could be used to transfer the title? am i correct? and most importantly, how can he prevent the property being re-assesed by the county? the taxes would be far more expensive so we need to avoid this. lucky me, i have been put in charege of preparing this, since his mom's health is deteriorating quite rapidly.
Hi kikyrass,

If your husband's mother is already deceased, then he will have to file an affidavit of heirship at the county recorder's office in order to get the property transferred in his name. If his mother is alive, then she can use a quitclaim deed in order to transfer the property to your husband. After the property is transferred in your husband's name, it will be reassessed for tax purpose.

Thanks
Posted on: 15th Mar, 2011 11:52 pm
Page loaded in 0.055 seconds.