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/biz/ - Business & Finance


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54880043 No.54880043 [Reply] [Original]

>a house with estimated worth of 300-400k
>the heirs come from two branches of the family
>If nobody gives in the house is sold and the money distributed among the heirs unless someone is willing to pay off other heirs
I have a brother who might give up his share but I am not going to. When it happens I am probably gonna be hated by my cousins

>> No.54880097

>>54880043
Op your post makes no sense
“Give up their share”
“Pay off other heirs”
Nigger what the fuck. Are you saying The house is to be sold and split amongst heirs but if your brother gives up his share the sale won’t happen?

>> No.54880194

>>54880097
Dumbfuck boomer gives equal shares of 300k house to 6 grandchildren. If one of them comes up with 250k cash, can pay off the others and get the whole house. No one who can do this wants to do it. Heirs are uncomfortable about selling the house or don’t think they’ll get what it’s worth or it’ll take too much time and bother, or can’t agree on the price to buy out at. Arguments ensue. One of the grandchildren says fuck it I don’t care about my share. OP says fuck you I want my 50k so I can buy 10,000 Link and finally make it.

>> No.54880203

>>54880043
why would it end in feud if you just sell lol

>> No.54880229

>>54880194
They should get the price assessed by professionals, like the ones a bank would use before agreeing to a mortgage, use that as a baseline for figuring out a "buy out" price. If one person thinks that they won't get what the house is worth on the market, then they should get a mortgage for the previously agreed upon amount and pay out the others their even split of that amount. If no one is willing to do that then they agree to split the money from the sale of the house. Doesn't seem that complicated.

>> No.54880412

>>54880097
what >>54880194 said. The house gets sold if someone doesn't come up with the money to pay off the others. Many such cases and our family has been through a nasty feud already because my grandfather left my aunt without the inheritance because she cheated on her husband and sold half their house to some randos, the house my grandparents helped her build

>> No.54880420

>>54880203
because some may not want to sell it and expect one side to give up. Especially since my cousins have children already and I don't ( i am younger)

>> No.54881772

>>54880420
fuck them
they are disrespecting their dead elders wishes
either they pay you out or the house gets sold
your brother shouldn't cuck like you say hes willing
think about the absurdity of their logic.
if you dont give me what I want then I hate you
just say the same shit they are to you back to them

>> No.54881791

>>54880043
Why would you be hated by your cousins for taking your rightful claim? Your cousins sound like entitled selfish pieces of shit

>> No.54881810

>>54880420
>I want free house
your cousins are faggots
they should buy your share or fuck off, obviously

>> No.54881820

>>54881810
to answer your question i would 100% risk a feud over this as if this is really their approach I wouldnt want to be associating with them anyways