How Much Should You Spend on a House After Inheriting Millions?
Manage episode 500294790 series 3518315
Full episode and show notes @: sunnybranchwealth.com/blog/buy-house-with-inheritance
Have you inherited millions or received a huge gift from your parents to buy a house?
Just because you can afford that $3 million dream home, it doesn't mean you should buy it.
As a financial planner specializing in inheritance, I understand that navigating a home purchase can be challenging when traditional mortgage rules don't apply.
In this episode, I walk you through the framework I use to help Sunnybranch clients figure out how much house they can afford and, equally important, how much house they want.
You'll learn about the hidden costs of homebuying, how inheritors can avoid buying too much house, and how different types of inherited assets may change your home-buying strategy.
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