Santa Clara County
Inheriting residential property
When a home or other residential property passes to an heir or beneficiary and a clear value is needed for the decisions ahead.
An inherited property can create several decisions at once: whether to keep it, sell it, transfer it, rent it, or divide its value among beneficiaries.
Santa Clara County estates may include older Silicon Valley homes, attached housing, luxury residences, rural-residential property, and real estate affected by decades of market change.
An independent appraisal gives the people handling the estate a documented value for the relevant date, while attorneys and CPAs determine how that value should be used.