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Eldercare
Reply to "Elderly in-laws refuse to sell house that needs $200k of work, are out of money, can’t get loan"
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[quote=Anonymous]If you put money into the house, you should have some sort of partial ownership, or there should be loan paperwork written up where they have to pay you back. I'm not sure what the specifics should be but a lawyer might be able to advise. Maybe an estate lawyer or elder lawyer? I'm not sure. Maybe start with an estate lawyer. Im not saying you should do that. Just saying dont do it without getting something back. And if you do that, the other sibling needs to be informed and on board. If you think this lot is worth a lot, and they tend to be bad about spending cash, then in a way it might be better for them to hang onto it so they dont just blow the money. You could sell it down the road. You guys need to have POA, HCPOA. [/quote]
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