Reply to Inheriting house together with sibling...who wants to move in

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sibling needs to buy you out, but at a good deal. Maybe not market. At least half of what parents bought it for, adjusted for inflation, plus half of what money parents put in.[/quote]

Why not at market? Why should A lose money on the deal?

I agree with other PPs, if B can't fully buy out A, then they should sell. The only compromise I would possibly consider is to allow B to pay A rent (half of market value)  for a period of time (2 years) to save money to buy. [/quote]

Pp here, juts realized the Problem is what if sibling sells for profit and that makes a bitter down the road?

[b]Was there additional money given in the inheritance? [/b][/quote]

OP here - Yes, there was. It would be enough for B to send kids to private and cover some/all college expenses for 2-3 children, but not enough to buy out A's half of the home value. Even if it did cover half the home value, B would have to somehow afford private school on top of that given the neighborhood (although I suppose she'd be living mortgage-free, so maybe do-able). Also, most of it is locked in a trust for the next 10 years for Sibling A and 15 years for Sibling B, so trustee (family friend) would have to be on-board with her plans.[/quote]

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