Inherited house in terrible condition
So here is the situation:
Friend's mother dies and in the will leaves the house to her. House is in terrible condition, plumbing problems, roof and ceiling falling apart and serious water damage. Add to that its not like houses in that area are worth much in good condition.
As it sits right now its still in the mother's name and I've just been helping mow the lawn etc but not much else has been done. Is it worth even trying to sell? There is no money to repair anything and whatever the house sells for is still taxable so it becomes even less worthwhile for the effort. What is the best way to unload a house in this type of situation? Do all the steps to move it into the daughters name have to be done first? Not that I know what those steps are......