# Inherited Florida House Lien

> A 61-year-old woman must pay $52,000 to clear her father's PACE loan before selling his Florida home.
- Title: Inherited Florida House Lien · 24/7 Wall St. | Shortify
- Summary: A 61-year-old woman must pay $52,000 to clear her father's PACE loan before selling his Florida home.
- Keywords: pace loan, florida house, property tax bill, inheritance, 61-year-old, father, cash buyer, homestead exemption, property tax, tax lien, Inherited, Florida
- Source: 24/7 Wall St. — https://247wallst.com/personal-finance/2026/10/19/the-52000-hiding-on-a-dead-mans-property-tax-bill-why-a-61-year-old-will-have-to-pay-off-her-fathers-pace-loan-before-anyone-will-lend-on-his-florida-house
- Author: David Beren
- Published: 2026-10-19T14:47:57+00:00
- Read time: 1 min
- Topics: pace loan, florida house, property tax bill, inheritance, 61-year-old, father, cash buyer, homestead exemption, property tax, tax lien
## Inherited Florida House
A 61-year-old woman inherited her father's Florida house worth $410,000.
## Unexpected Property Tax Bill
She found a $52,000 PACE loan line item on her father's 2022 property tax bill.
## PACE Loan Details
Her father financed $48,000 for roof and impact windows with a 20-year PACE loan at 7% to 9% interest.
## Why Lenders Demand Payoff
Buyers' lenders won't accept a PACE loan because it ranks ahead of mortgages and blocks conventional or FHA loans.
## Sale Price Impact
Paying the $52,000 at closing leaves $358,000 for the sale after commissions and closing costs.
## Tax Implications
Inherited property takes a cost basis of $410,000, so a sale near that price produces almost no capital gain.
## Three Options
She can pay the loan at closing, sell to a cash buyer who keeps the assessment, or rent the house.
## Rental Costs
Renting costs $4,900 annually at 8% interest on the $48,000 loan plus higher property taxes.
## Critical Steps
She must get an official balance statement and confirm legal authority to sell before listing the house.
## Key takeaway

A 61-year-old woman must pay $52,000 to clear her father's PACE loan before selling his Florida home.