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Reply to "Inheriting house together with sibling...who wants to move in - WWYD?"
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[quote=Anonymous]tell your sibling that you have an emotional attachment to the house since your parents lived there until death, you want to move in with your family and live there until retirement, and then pass it on to your kids, but alas, you do not have money to buy her out, if she can consider giving you a very loooong private morgtage with no interest for the rest of her life. when she says the heck no, you say to her the heck no for the same reasons. this is going to be a mess down the road. the short answer is that if your sister cannot afford a 3 million dollar home, she does not get it. as simply as that. "emotional attachment" is not a currency that buys such a house. what if your sister dies with no kids, and her then husband inherit the house (with the long, no interest mortgage to you), marries a strangers and have kids with the stranger in that house. would you be ok with that? I agree with others. your sister is unreasonable, and the least painful solution is selling the house now. unless your sister can come up with the money to buy you off, she can't have the house [/quote]
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