how to calculate buying someone out of a house when inheriting a house with siblings

how to calculate buying someone out of a house when inheriting a house with siblings
Buying Real Estate



619.741.0111 KimWard@ProbateAndTrustHelp.com DRE#01218310

Often times when helping my clients sell an estate house the situation of buying someone out of a house comes up. What do I mean by this? Well it could be any beneficiary, but typically I’m referring to how to buy out a sibling on shared property. This video will cover how to calculate buying someone out of a house as well as steps and common situations that the estate executor may have to handle.

00:00 Intro
01:55 always obtain legal council
02:19 What happens when you inherit with siblings?
02:50 Make a plan
03:25 Keep things fair and professional
04:10 get an appraisal
06:25 determine everyones share of the property
07:55 thinking about avoiding probate? You need a Trust
08:20 Determine how everyone will be paid
09:12 Make it legally binding
10:20 When you can’t come to an agreement
11:39 Outro

Here at Horizon Real Estate we care about helping you, as the estate executor, administrator or trustee. We want you to feel comfortable throughout the probate process, and to help you get the most money quickly from your estate house or trust property.

___________________________________________________________________________________

Have a probate house or house in a trust and need guidance on how to prepare and sell? Think of this channel as your real estate resource.

If you’re an executor or administrator and want a free copy of my book “What To Do When You’re Responsible For Real Estate A Loved One Leaves Behind” Or, if you’re a trustee and want a free copy of “Exactly What To Expect As Trustee For Real Estate A Loved One Leaves Behind” simply call my office at 619-741-0111.

I’m a full time REALTOR in San Diego, California with Horizon Real Estate. I’m an expert at helping executors, administrators and trustees with probate houses and houses in a trust. A wife, mom to three grown sons and a daughter, plus She-she (that’s my grandma name) to the two cutest, smartest and busiest kids.

AGENTS – Interested in becoming a Certified Probate Real Estate Advisor?
Visit www.ProbateBiz.com

LET’S BE FRIENDS!

BLOG – https://probateandtrusthelp.com/news/
FACEBOOK – https://www.facebook.com/YourRealEstateAnswers/
PINTEREST – https://www.pinterest.com/brokerkimward/
INSTAGRAM – https://www.instagram.com/probateandtrusthelp/
TWITTER – http://twitter.com/brokerkimward
LINKTREE – https://linktr.ee/ProbateAndTrustHelp

So happy and grateful for your subscription to my channel. Big thanks for watching, liking, and commenting!

I am NOT a lawyer or tax professional. The presentations reflect my own understanding of the underlying subjects. However, the presentation is based on my professional experience in the field of real estate. The information contained herein should NOT be used as a substitute for the advice of an appropriately qualified and licensed attorney, tax professional or contracted real estate agent/broker. The information provided here is for informational purposes only. You should consult with a professional to seek legal advice regarding your exact circumstances.

If you want to talk with me about San Diego real estate, fell comfortable calling me at 619-741-0111 or email me at KimWard@ProbateAndTrustHelp.com

California DRE license #01218310

source

Articles You May Like

How To Make MORE 💰💵💰 From Your Cash Buyer!
🙃 flip with Nepali girl ☺️#atitude #girl #atitude #top #tiktok #nepali #shorts #trending #motivation
Truth About Buying Real Estate in The Dominican Republic | Closing Procedures | A Docuseries by KASH
Illustrator Logo Design Tutorial || Real Estate Logo Design Illustrator CC #shorts #logo #tutorial
What $400,000 will buy in The Villages, FL | Florida Real Estate

Leave a Reply

Your email address will not be published.