Daily News | The next register of wills should keep up the good work in fixing ‘tangled titles’ | Editorial
In a city like Philadelphia, it’s all too common to see problems fester without substantive action. On issues such as gun violence, failing schools, and regressive tax policies, Philadelphians have struggled for decades with the dismal reality that progress is often fleeting.
Yet in one area — protecting generational wealth from what’s known as “tangled titles” — things may be turning around, and it’s crucial that the next register of wills keep up that momentum. A tangled title occurs when the legal owner of a home is no longer clear, often because a parent or grandparent has died without leaving a will. According to advocates, tangled titles affectAddress Philly’s housing crisis by fixing ‘tangled titles’ for homeowners | EditorialThe lack of a clear title leaves families vulnerable.
Families with tangled titles also cannot take out loans on the value of their property, leaving little recourse when faced with unexpected maintenance costs. Over time, the inability to fix leaky roofs, broken windows, rusted plumbing, or hazardous electrical work may lead these families to sell — typically for prices well below market value. In other cases, the properties are foreclosed upon.
“Untangling” a title is often prohibitively expensive for affected families. Resolving even a simple tangled title case can add up to more than
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