We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING:
Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour.
Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
property left in will
i have been left a 50/50 share in a house with my brother , and am very wary as to what to do with it, i would like to buy my brother out of his half of the property and am not sure if i should offer him the full 50%.
he is very good when it comes to money matters and i am not and have been warned by other members of my family to watch out for him, are there any pitfalls that i should be looking out for ?
should i take future fees into account that he would have to pay if we just sold the house ?
i am just scared of doing something wrong and losing out.
any advice would be very much appreciated.
thank you
Comments
-
Why do you want the house?
Does your brother want it or just the money
Has this gone through and become yours yet?
If not the excecutors could deal with the negotiations so it just becomes yours and your brother gets cash.
Normaly would be agree a price and knock a bit of for costs but it is down to how much you want the place over selling it and getting 1/2 the proceeds with higher costs.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.8K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.3K Work, Benefits & Business
- 606K Mortgages, Homes & Bills
- 179K Life & Family
- 263.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards