Shared inherited property please help !!

Grayandsullysnan

Flugelhorn said:

sister sounds quiet difficult - I don't know the legals on this but she has to remember that if you buy it then there would be no estate agent fees etc 

do you think it would achieve more on the open market?

sometimes people are impossible and the only thing to do is to put the house on the market and move on, she'll never leave you alone if you stay there and probably still see the property as "hers"

Oh she is... she's nasty and spiteful... ive told her the benefits...i honestly don't think we would get more than the valuation...it needs updating..new boiler etc...thank you for your response

Grayandsullysnan

housebuyer143 said:

She's being nasty so if you really want it just play the bigger person and offer her £5k more than the valuation figure so £10k total. Point out as well this is more money for her, because no EA fees, no waiting for a buyer and maintaining a place over winter - quick sale. All this is more money for HER.

If she won't go for this, then play hard ball and tell her you can equally refuse to sell the property to anyone else as without your agreement she can't sell it either. How long does she want to wait, who needs the money more? 

I've been thinking to offer over the valuation of max £5000... she does want her inheritance sooner rather than later as she was the one pushing to clear the house and getting it on the market... thank you for your reply

Grayandsullysnan

Thank you all for your quick replies...I will wait a week or two to see what she comes back with and in the meantime I will make get aware, again of all costs in keeping the house longer than is needed

theartfullodger

As above: And note, this is an open-to-all forum with no restrictions on who can see what comments.....  (One of this & other forum's strengths...)

Someone might now be even more resolute after reading what's been said about them...

(Unconnected..) The place is fully insured and all bills being paid?? 

Hoenir

If the property is to be marketed. Can you and your sister agree on a process that is acceptable to both of you. There's always the possibility that you could be the highest bidder and it's below the valuation that you've obtained for probate. . 

Selling property now is generally a bad time of year. Use it to your advantage. The longer your sister has to wait for her share of the money the more it's going to cost her. 

Grayandsullysnan

Everything that has been suggested on this thread, is how normal people would realise to be the best solution, but honestly she is not the norm...she is nasty and spiteful for no reason other than to be just that...I have spoken to my friends who cannot believe someone could be so spiteful just for the sake of it... when I told her my intention was to buy the house, she actually screamed, inches from my face 'you are not buying this house'...seriously!!!

Grayandsullysnan

Rhubarbium said:

I think she needs to understand how much her idea is going to cost her…..
I’m selling mums house and every month it’s sat there it’s costing me council tax (full council tax is due from 6 months after probate is granted) utilities and insurance. In my case this is about £300/month coming out of mum’s estate.

Also the estate agent is wanting £2.5k and the legals are £1k. So another £3.5k in cost.

So using my numbers it’ll cost your sister  (in reduced inheritance) £1.75k in selling costs and £150 a month in running costs for every month before a sale completes.

Exactly...but it seems all sense has disappeared in her spiteful vendetta !!

Flugelhorn

"where there's a will, there are relatives"

there are lots of tales on here about siblings and other relatives can start behaving in an irrational, obstructive and selfish way - something gets into them, last chance to be a pain to sibs? who knows but  am sure that often  the parents would have been horrified but it happens.

honestly for sanity sake just sell the house and move on, you have to take some control over the process - she will never stop otherwise

TBH though, I had no siblings so can't really comment much - it was often a pain being an only one it dealing with aging parents - could have done with some support but when it cam to sorting out the estate I as glad I didn't have to agree with anyone but myself 

FlorayG

Flugelhorn said:

"where there's a will, there are relatives"



TBH though, I had no siblings so can't really comment much - it was often a pain being an only one it dealing with aging parents - could have done with some support but when it cam to sorting out the estate I as glad I didn't have to agree with anyone but myself 

It might not have helped. I have a 'sister' who gave zero help with my parents' old age, demise and affairs. I say 'sister' because I don't consider her a proper sister ( and no, we're not on speaking terms)

Flugelhorn

FlorayG said:

Flugelhorn said:

"where there's a will, there are relatives"



TBH though, I had no siblings so can't really comment much - it was often a pain being an only one it dealing with aging parents - could have done with some support but when it cam to sorting out the estate I as glad I didn't have to agree with anyone but myself 

It might not have helped. I have a 'sister' who gave zero help with my parents' old age, demise and affairs. I say 'sister' because I don't consider her a proper sister ( and no, we're not on speaking terms)

I think there are quite a few of those around too - who knows what sort I would have had!