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Reply to "Inheriting house together with sibling...who wants to move in - WWYD?"
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[quote=Anonymous][quote=Anonymous]OP here again - To add, I think part of why she finds this so upsetting is that my family and I actually could afford to buy her out and live there if we wanted to. We just don't. So she sees it as us having had our opportunity and since we're not taking advantage, she should. Or something. My parents spent a lot of time and $ "evening out" things between us so she'd have the same things as me/my family (paid for her car, grad school tuition, etc.) when I got them through working hard and taking risks. I'm not sure she realizes that's not how the real world works, though she is rational in other domains.[/quote] OP We went through this with a $1M house in MD. At first there was a sentimental desire to keep the home and rent it out --we are the poorer half. But we did not want to be "working" for the sister/BIL. They were out of town; we are here, so we would have been doing all the upkeep and dealing with the renters. Then they offered to sell us half the appraised value, and we could be landlords, but the home was older and we thought that for the rent charged, the renters would want a much nicer home. It was sad, but we sold the home and split the money and reinvested. Best thing we EVER did. PS While we were packing out and fixing up the home for sale, a lot of the entitled attitude came out -- that was when we knew that selling was they way to keep family harmony. Best of luck.[/quote]
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