What Happens To The House

By
Real Estate Broker/Owner with HomeRome Realty 410-530-2400 311291

What happens to the house with the loss of a spouse?

Here are a few different situations.

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An older man lost his wife a few weeks earlier. He would not go back into his property and wanted it on the market now!  He did not feel the house was his home without her. Asking more questions, he told me he was staying in a rental and could not sleep in the house.  We did sell it to a young couple, blissfully in love, and that is what the seller wanted, someone in love to love his place.  Hearing who was buying, he sweetened the deal to afford the house comfortably.

 

For others, when losing a partner, they don’t want to leave the house. They want to stay in familiar/comfortable surroundings. Some suggest waiting at least a year to make a move. Sometimes the luxury of remaining is not possible. Please be sensitive, ask the right questions. Is there family to consult? Does the house have to be sold?

 -

A couple was married for 15 years when the spouse died, leaving the wife as PR personal representative.  The children from a previous marriage now want the house.  It was not enough to have his widow as PR. The will had the late last wife listed. He never got around to changing it. 

  

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Another couple, married over 20 years (second marriage for both), bought and paid cash for their forever home.  The husband put his daughter's name on the title so that the house would remain in the family.

Trust was not an issue until it was an issue.

 The husband died, and shortly, the stepdaughter forced the sale of the house demanding half of the proceeds. Is this what her father had intended? 

It is always good to seek legal advice and check your will. Does it say what you want? 

Because when it comes to real estate, trust is not enough. 

 

When it's time to talk about your home

Call Margaret Rome

Margaret Rome

 

Comments (27)

Dr. Paula McDonald
Beam & Branch Realty - Granbury, TX
Granbury, TX 936-203-0279

A wonderful post on a tough topic that needs to be discussed. So sad when people swoop in for the $$ without regard for those who live in the home.

Sep 19, 2021 03:42 PM
Margaret Rome Baltimore 410-530-2400

Thank you Dr. Paula McDonald. It is times like this, that our psychology background is helpful. 

Sep 20, 2021 02:51 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Margaret you have presented a few scenarios which show why in the case of a lost spouse as in any other thing, it is better to spell everything out and not leave anything to chance.

Sep 19, 2021 05:47 PM
Margaret Rome Baltimore 410-530-2400

George Souto Spell it out, put it in writing, leave nothing to chance!

Sep 20, 2021 02:52 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Margaret Rome Baltimore 410-530-2400 - Congratulations on your feature story that is a valuable topic for discussion. 

Sep 19, 2021 06:02 PM
Margaret Rome Baltimore 410-530-2400

Patricia Feager, MBA, CRS, GRI,MRP


And thank you for being the inspiration that got me to write this!!!

Sep 20, 2021 02:53 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Margaret

This cna be such a sensitive topic, and each situation is unique with the family member who are involved. It's certainly a time for sensitivity and patience.

Jeff

Sep 19, 2021 08:04 PM
Margaret Rome Baltimore 410-530-2400

For sure Jeff Dowler, CRS


'' It's certainly a time for sensitivity and patience.''

Sep 20, 2021 02:53 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

So many different scenarios are possible that it's important to be prepared for anything in the world

Sep 19, 2021 11:17 PM
Margaret Rome Baltimore 410-530-2400

Good to see you Laura Cerrano 

Sep 20, 2021 02:54 PM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

We see both the best and worst in people as agents.  To deny the possibility of family members turning ugly is inviting trouble.  Excellent post.  Mark

Sep 20, 2021 01:29 AM
Margaret Rome Baltimore 410-530-2400

Thank you, Mark Don McInnes, Sandpoint 


Good comment: " To deny the possibility of family members turning ugly is inviting trouble."

Sep 20, 2021 02:55 PM
Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

Thanks for sharing these scenarios Margaret.  This is a gentle reminder for me to get our will's taken care of so everything is spelled out and no issues for anyone in the future.  Congratulations of the well deserved feature.

Sep 20, 2021 03:36 AM
Margaret Rome Baltimore 410-530-2400

Thank you, Brenda J. Andrew 


Glad this was a gentle reminder for you!

Sep 20, 2021 02:56 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I agree with Brenda J. Andrew   definitely time to update the will! 

Sep 20, 2021 03:47 AM
Margaret Rome Baltimore 410-530-2400

Go for it Lise Howe 

Sep 20, 2021 02:57 PM
Wendy Rulnick
Rulnick Realty, Inc. - Destin, FL
"It's Wendy... It's Sold!"

Margaret Rome Baltimore 410-530-2400 It's difficult and delicate to work with these scenarios, but they happen! We see issues with heirs not understanding properties in Florida going through probate, causing delays in sales.

Sep 20, 2021 06:08 AM
Margaret Rome Baltimore 410-530-2400

Wendy Rulnick So very true...


'' It's difficult and delicate to work with these scenarios, but they happen!''

Sep 20, 2021 02:58 PM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

Great post and conversation we should all have before it is too late. Thanks for sharing. I hope you have a great week ahead.

Sep 20, 2021 09:20 AM
Margaret Rome Baltimore 410-530-2400

Thank you for stopping by Pat Champion 

Sep 20, 2021 02:59 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Families can be torn apart when it comes to selling the family home as all ant their 'piece'.  It is for that reason alone that a very detailed will should be executed so that all doubt is removed

Sep 20, 2021 12:53 PM
Margaret Rome Baltimore 410-530-2400

Ed Silva, It can tear families apart. Just glad that these scenarios are the exception and not the norm!

Sep 20, 2021 03:02 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Thank you all for the wonderful comments. I will get back to everyone!

Sep 20, 2021 02:27 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

What a wonderful (but, sad) topic, Margaret. Reading it makes me realize even more that we are all so very different. We never know how even our family is going to respond and we have to be supportive, no matter what. It's a situation often having to be handled with kid-gloves.

Sep 21, 2021 07:58 AM
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Thanks for sharing Margaret! Since no too many people prepare for these situations, this is a great piece of advice

Sep 22, 2021 04:38 AM
Margaret Rome Baltimore 410-530-2400

Always a pleasure to see you, Sham Reddy CRS 

Sep 23, 2021 04:53 PM
Debbie Krieger
John L. Scott Real Estate / Yakima - Yakima, WA
A Passion for Excellence

Great talking poinst that I plan to use to connect with my clients. It is very important to SPELL OUT YOUR WISHES IN WRITING, LET OTHERS KNOW -how you want to be handled after death-buried or cremated. How much money should they spend on a coffin, etc  My husband died of cancer almost 6 months ago. We were separated but not divorced. He had a current will, one we drew up together. Even so, our daughters were still unsure of so many things. It continues to surprise me how many people don't have WILLS. 

Sep 22, 2021 10:42 AM
Margaret Rome Baltimore 410-530-2400

Debbie Krieger, Good comment: Spell it out and make sure you have a will. Sorry for your loss.

Sep 23, 2021 04:56 PM
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

So sad that unfortunately we see these tragedies. Great word of advice - whenever a life changing event happens, check your will and estate to make sure all is in line with your current life situation.  

Sep 23, 2021 04:30 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Debe Maxwell, CRS, It is a sad but very necessary topic. Great comment 

"We never know how even our family is going to respond and we have to be supportive, no matter what. It's a situation often having to be handled with kid-gloves.''

Sep 23, 2021 04:52 PM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Lynnea Miller,  And a great comment: "whenever a life changing event happens, check your will and estate to make sure all is in line with your current life situation. ''

Sep 23, 2021 04:59 PM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
New Hampshire Home Stager

I like your line "trust was not an issue until it was an issue".

You just never know. It is so important to have all the legal details handled to avoid such situations as you describe.

Sep 25, 2021 08:51 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Sharon Tara, Well it's not an issue until it's an issue. Good to see you always!

Sep 25, 2021 04:35 PM