Timeline for What's the cheapest way to buy out a sibling's share of our parents house if I have no cash and want to pay less than the appraised value?
Current License: CC BY-SA 4.0
31 events
when toggle format | what | by | license | comment | |
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May 4, 2023 at 23:24 | vote | accept | user1186050 | ||
May 4, 2023 at 0:56 | comment | added | Ganesh Sittampalam♦ | Please keep comments focused on clarifying the question and don't use them for answering it or side commentary. | |
S May 4, 2023 at 0:54 | history | suggested | yoniLavi | CC BY-SA 4.0 |
copy editing, aiming to make the first paragraph a bit clearer
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May 4, 2023 at 0:03 | review | Suggested edits | |||
S May 4, 2023 at 0:54 | |||||
May 3, 2023 at 22:32 | answer | added | tomjedrz | timeline score: 0 | |
May 3, 2023 at 18:24 | comment | added | jpaugh | Your question title is misleading. You don't want to buy your house below market value (as your title implies). You want to buy it at current market value. Get a new appraisal, and get your story straight. The cash value of your home has changed since you inherited it, so you and your sister have both already lost some of the value you expected to gain from the inheritance of this property. Your sister should not hold the market trends against you, as soon as she gets past the emotional distress of having (already) lost cash value. | |
May 2, 2023 at 21:58 | answer | added | Harper - Reinstate Monica | timeline score: 5 | |
May 2, 2023 at 18:23 | answer | added | Justin Cave | timeline score: 6 | |
May 2, 2023 at 16:08 | answer | added | David Schwartz | timeline score: 4 | |
S May 2, 2023 at 7:36 | history | suggested | psmears | CC BY-SA 4.0 |
Improve wording and grammar
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May 2, 2023 at 6:44 | comment | added | gerrit | Surely selling the house, even to yourself, would be involved with a lot of extra fees? | |
May 1, 2023 at 21:59 | review | Suggested edits | |||
S May 2, 2023 at 7:36 | |||||
May 1, 2023 at 20:03 | answer | added | stannius | timeline score: 58 | |
May 1, 2023 at 20:00 | history | protected | Grade 'Eh' Bacon | ||
May 1, 2023 at 15:43 | comment | added | CGCampbell | I don't understand how you are 1. selling the house, 2. buying it then yourself, 3. then paying your sister out of the proceeds of the sale. Even considering the house is owned by a trust, this sounds too much like powering your sailboat with a fan you are holding. | |
May 1, 2023 at 15:30 | answer | added | user26460 | timeline score: 3 | |
S May 1, 2023 at 15:26 | history | suggested | Michael Seifert | CC BY-SA 4.0 |
Added important context from a comment by OP (see comments on https://money.stackexchange.com/a/156700/32428)
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May 1, 2023 at 15:24 | comment | added | user26460 | @Mark That would be the sister's prerogative to ask, wouldn't it? | |
May 1, 2023 at 15:08 | comment | added | Barmar | I wonder if your estimate of the value is correct, though. Redfin shows that CA property values dropped from Nov to Jan, but have since rebounded and they were a little higher in Mar than Nov. You really should get an appraisal to be sure. | |
May 1, 2023 at 14:50 | comment | added | Barmar | @rooby Not wrong at the time, but property values have dropped in the 6 months since (property values generally go down when mortgage rates rise). | |
May 1, 2023 at 14:35 | comment | added | DKNguyen | If you were your sister, would you buy your own argument and sell your share to her for less than the appraised price? | |
May 1, 2023 at 12:59 | answer | added | adamaero | timeline score: 3 | |
May 1, 2023 at 12:03 | review | Suggested edits | |||
S May 1, 2023 at 15:26 | |||||
May 1, 2023 at 2:01 | history | became hot network question | |||
Apr 30, 2023 at 22:23 | history | edited | mhoran_psprep |
edited tags
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Apr 30, 2023 at 19:45 | answer | added | mhoran_psprep | timeline score: 7 | |
Apr 30, 2023 at 19:45 | answer | added | keshlam | timeline score: 66 | |
Apr 30, 2023 at 19:17 | comment | added | Mark | If the house was currently worth more than the appraised value would be asking how to pay your sister a higher amount? | |
Apr 30, 2023 at 18:55 | comment | added | littleadv | How much do you value your relationship with your sister? | |
S Apr 30, 2023 at 17:58 | review | First questions | |||
Apr 30, 2023 at 19:48 | |||||
S Apr 30, 2023 at 17:58 | history | asked | user1186050 | CC BY-SA 4.0 |