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[quote=Anonymous]Hi all - I am looking for some perspective. Due to death in the family, my brother and I are in the position to inherit our childhood home. He has basically told me that the decision is up to me - we can rent it out if I want to property manage, I can buy him out, or we can sell it. I have my own home that is much smaller than my childhood home, but it is manageable for me (single female homeowner), the taxes are affordable, and I love the location and my neighbors. It truly feels like I am part of a community - I am in a coastal town, but about a mile and a half from the beach. Neighborhood setting, 2 minutes from an elementary school, quiet street. However, my childhood home has much more space and storage (additional bathroom, full basement and attic) yet it is in a large lot on a busier street, and needs a fair amount of updates. My parents loved this house and worked so hard for it, that it would break my heart to let it go. Yet, it’s not really “me”. Worse yet, I would worry it would go to a flipper or builder. Has anyone been in a similar situation? If so, how did you make your decision? Additionally, is it possible to accept offers from owner occupant only? *Realized I forget to add - in order to buy my brother out, I would have to sell my current house. [/quote]
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