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[quote=Anonymous]A friend of mine recently found out that she is inheriting a condo from her aunt. The condo was purchased in the summer of 2019 and has a sizeable mortgage on it.

My friend is a widow and single mother of an 8yo.  She owns the SFH she bought with her late husband and doesn't want to move. It fits her and her 8yo daughter's life. (Condo is in the same city where she currently lives.) She's about two years away from paying off the mortgage on that house.

PITI + HOA fees on the condo also exceed the current rental rate for similar units in the building. Aunt Larla clearly had good intentions and planned to live a lot longer, but in the near term (and possibly long term too), this just seems like a giant albatross. The aunt passed away quite suddenly, and it sounds like the estate is a mess. My friend is getting a lot of pressure from her family just to take on the mortgage/expenses.

I've suggested that she speak to a real estate atty immediately. Has anyone been in this situation before? What would you do?[/quote]

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