TheDarkHelmet1985
TheDarkHelmet1985 t1_j6mp3vv wrote
Estate attorney here. Never sell for less than your share is worth. I deal with these types of cases where a family member tries to get the better of other family members. YOu are entitled to the full value of your share regardless of what he wants to offer. If he can't agree or afford that cost, you have the option to buy him out or force a sale to recoop the value through the market. The open market will almost always give you more value than a private sale. Houses are still selling for above market in most places near me.
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oh and you can most likely get better value as-is without the repairs unless then are serious repairs that are needed.
TheDarkHelmet1985 t1_j6mqj6r wrote
Reply to comment by alieck523 in selling part of estate for pess than appraisal to Uncle? by alieck523
I would highly recommend getting an estate administration attorney to talk with, if for no other reason than to consult with him/her and know your rights here based on where you live. If you stand to inherit about $125k, a one time consult fee or even if you decide to retain, will usually cost less than $5-10k unless there is litigation involved which can exponentially increase the cost. By doing so, you will have someone negotiate on your behalf who knows what you are entitled to which in turn will allow you to focus more on your family and your grieving. If your uncle gives you shit over protecting your own interests, he is not looking out for your own interests.