You've Never Been To Maine, But Suddenly Inherited Property.

By
Real Estate Agent with MOOERS REALTY ME Broker License 106759

Maine has a great reputation, is on many lists held by travelers itching to visit Vacationland.

Because Maine is four seasons outdoor natural beauty. Not crowded, the 4th lowest crime state. Imagine your surprise if a place like Maine you never visited was a state where you suddenly become an over night property owner. You inherited property, maybe a home, piece of land, lake place on the water maine woods camp photofront in Maine. Lucky you but now what to do with it?

The timing in your life when another person who remembered you in their will passes away.

And you inherited the whole nine yards or a share with other family members, or folks the deceased liked as much as you.

Lots to consider with property taxes, settling the estate taxes, dealing with withholding of 2.5% if you are an out of state resident and decide to let go, sell your inherited property.

The real estate you inherited in Maine that made you a new taxpayer in the Pine Tree state.

Three choices of what to do with the inherited property, the real estate in Maine.

Use it, rent it, sell it.

Want to know more?

Read full article on Selling Inherited Homes, Property in Maine.

I'm Maine REALTOR Andrew Mooers, ME Broker

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Topic:
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Location:
Maine Aroostook County Houlton
Groups:
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Tags:
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Rainmaker
2,663,643
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

I have never been but I can't wait to go some day!

Jan 05, 2017 07:51 AM #1
Ambassador
3,523,702
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Andrew

No doubt this sort of thing happens from time to time and the heirs are probably in need of a great deal of help if they are interested in selling. Anyone inheriting property in Maine who wants to sell should be in touch with you for expert guidance and advice to get it done!

Jeff

Jan 05, 2017 07:54 AM #2
Rainmaker
4,149,327
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

If I were to inherit some Maine property, I think I would use it.

Jan 05, 2017 04:34 PM #3
Rainmaker
1,854,043
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Kristin Johnston - REALTOR® ...We'll keep telling the local stories, sharing traditions of Maine until you make the trip! Maine is a neat place to vacation and more!

maine lighthouse image

Jan 06, 2017 05:53 AM #4
Rainmaker
1,854,043
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Jeff Dowler ... That was what I was thinking... Thanks for stopping by!

boy and the leaking boot houlton me photo

Jan 06, 2017 05:55 AM #5
Rainmaker
1,854,043
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Gabe Sanders ... Smart thinking. Why wate the inherited property that fell in your lap.

maine country farm scene photo

Jan 06, 2017 05:56 AM #6
Rainmaker
3,231,993
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Andrew

Thanks for sharing the information on the inheritance taxes in Maine when the property is sold.

Good luck and success.

Lou Ludwig

Jan 13, 2017 06:12 PM #7
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Rainmaker
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Andrew Mooers | 207.532.6573

Northern Maine Real Estate-Aroostook County Broker
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