Legal Question in Real Estate Law in Pennsylvania

Don't. If your parents just leve you the house. When and if your to sell the house your cost basis for determing your capital gain would be the velue of the house at the time of your parents death. If you buy it now for a dollar you that will be your cost basis when you sell the house.

In any event the process is not hard but it could be. Do they own the house free and clear. Are the planning to go to a nursing home?

You need to talk to a lawyer especially if there are medicare issues.

{John}