I am in mom's house, no $ to buy brothers out, paycheck to paycheck so unless I win the lotto that I buy just on occasion like almost 2 years ago when the 1.5 billion jackpot BILLION jackpot I don't see any way I can buy out their 2/3 ownership.
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That is unfortunate. I hope your share is enough to get a permanent home.I am in mom's house, no $ to buy brothers out, paycheck to paycheck so unless I win the lotto that I buy just on occasion like almost 2 years ago when the 1.5 billion jackpot BILLION jackpot I don't see any way I can buy out their 2/3 ownership.
Will they buy you out for your share? That might free up some cash to help outI am in mom's house, no $ to buy brothers out, paycheck to paycheck so unless I win the lotto that I buy just on occasion like almost 2 years ago when the 1.5 billion jackpot BILLION jackpot I don't see any way I can buy out their 2/3 ownership.
They should let you live in it to get it up to selling level and then divide what is left after repair costs.talked with both tonight, the one with the wife who's sick is looking for bankruptcy for their medical expenses the other can't buy the other 2 out he has a second house he couldn't sell when he moved back to our part of the state, he's barely coming out ahead on that, and has no spare money to buy this place and fix it up. needs lots of repairs.
They should let you live in it to get it up to selling level and then divide what is left after repair costs.
Excellent suggestion Ron. The house will sell for much more if it is in good condition.
After the estate is settled you will own the property together. Maybe you could get a home equity line of credit and fix the place up. It doesn't cost the brothers anything for you to live there while you do the repairs. Board can be traded for labor.