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Old 06-20-2014, 04:07 PM
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geeteeohguy geeteeohguy is offline
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Join Date: Dec 2009
Location: Fresno, California
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I would sell and move on. I was in a similar situation in '09 when my dad passed. My brother was living in the house and and stayed there two more years, selling off the estate to pay the bills and letting the house further deteriorate. I wanted to sell immeditately and split it, he was emotionally attached. I ended up doing the 400 mile round trip every weekend to do major renovation, while he drank beer and watched television, telling me "you don't have to do that'. When the house did sell, in late 2011, even with my putting 20k into it, it had dropped in value over 120k, due to the falling market. So, holding onto the property caused a huge loss, plus hard feelings. Joint ownership of a longtime family home is an awkward situation. Look at it from your siblings point of view, and let them sell it so they (and you) can move on. Being stuck in a business relationship with non-like-minded siblings is a rough thing indeed.

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