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European real estate inheritance

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Money Talk > Real Estate

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paolalew
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European real estate inheritance  Reply with quote  

Both of my parents passed away overseas recently and I inherited their property (home plus land), now to get all of the paperwork in check plus pay inheritance taxes in their country I will need approximately 40K. If I do not go through the process I will not be able to sell the property (that is my ultimate goal). What do you think is the best way to borrow this money? The home in Europe was appraised to be valued at over $400k. We purchased a home in the Midwest only a few months back and we might not have enough equity built to borrow against our home. I also have excellent credit and no debt other than the mortgage if that matters!
Any advice will be appreciated!
Post Wed Jan 15, 2014 6:31 pm
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