Reply to Two siblings forced the sale of our inherited beach house and I can't get over it

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Then you should have given them their share in cash. This is your fault, not theirs. I assume you couldn’t afford to buy them out?[/quote]

We all have similar HHIs, so it would have been unfair to put the full burden on me and my husband. It was a very fair price but it wasn’t exactly a small sim; ot would have been a stretch for just us. Not to mention they likely would have tried to keep using it, right. I didn’t want that dynamic either. [/quote]

It is what it is. At the buyout, you would have had them sign a document on the terms of use, including fair market rent for comparable properties. Yes, it sucks, but if you are not going to buy out, then there is nothing you can do and need to let this go.[/quote]

I’m the OP. I think this and also the person above who wrote similar sounds great in theory. I’d love to read a copacetic real world example of this happening after a pair of siblings enjoyed free access and use of a property for 40 and 50 plus years. It gives me anxiety just thinking about it. Of course in retrospect it’s easy to say I wish my husband and I did just that. There’s just really no good reason we couldn’t have kept the same arrangement my dad and uncle had. They honestly never argued about anything. It was all very chill and there was always happy family members there. Big house, lots of beds, lots of laughs. Breaks my heart.[/quote]

OP, I feel you.  I have similar fantasies and a messed up family.  But pining for an amazing place with no arguments, always happy family members sounds like a dream you are going to have to mourn and let go. [/quote]

NP. It sounds lovely but how can that ever work? Someone had to be responsible for maintenance and bills and all of the not fun things that come with home ownership. It’s very different visiting the family vacation home and owning it. I would rather spend more money for my own place than own a larger place with my siblings. It’s too difficult. I’m saying this as someone who enjoys renting a big house to have my parents, siblings, nieces and nephews all come stay along with my family. It’s pleasant because we are all on vacation with no responsibilities. It would be different if any of us owned it. [/quote]

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