Inheritance dilemma

>>1793894
So you own 66% of the value of the house?

>>1793927

dude what the fuck does that even mean? why is /biz/ so retarded when it comes to RE?

If more than one person owns the estate there are only three types of tenancy we can be talking about, a tenancy by entirety (married couple) or joint tenancy (50/50, 70/30, etc), with the right of survivorship. Finally a tenancy in common, what OP prolly has.

Regardless of their shares, all tenants are entitled to the use, possession and enjoyment of the entire property.

>>1793894
option one dude.

be free with money, not dealing w cunts.

>>1793894
>Get a 200-300k loan for a complete renovation and pay off cunts and stay stuck in wagecuck pleb race (maybe I move up in a few years) with a 30 year mortgage noose around my neck (monkey with a long tail) but I have a cool house that the bank owns and live an adult life and let got of pipe dreams, obey giants and be a yes man.

If youre a min wage pleb, is this really what you want to do till your 60s? Move further off to country side with good internet and be comfy.

>>1793894
>presents two options
>makes one seem absolutely perfect
>makes the other seem awful
>"hurr durr gee biz wat do"

fuck off

>>1793894

So. I have some RE experience and a little legal experience. I think you need to pick up the phone and call a RE agent and you need to pick up the phone and call a lawyer.

But, my opinion is:

You control 66.6% of the property meaning you have all the say, all the power, the 33.3 guys are only entitled to the profits of what you do or don't do. So they need to wait their turn. BUT 2 key things here: (1) Inheritences get fucked OFTEN and someone legally entitled to something ends up with nothing then has to spend months in court against a blood relative, and it sucks (2) I know a good bit about the house flipping game, and it costs much more to fix up a house than many people realize. And if you don't really know then you need to have a few contractors go out and give you estimates. Sometimes its literally cheaper to bulldoze the house and sell the land then it is to fix up the house.

So legally I think you are in the drivers seat, but practically I think you should sell the house, split up the cuts and go on with your life.

Pics of the house?

>>1793894
Do you have the means to just buy them out, ie give them 67k in cash, and you can then spend time on the house to increase its value?

File: Big Business 02.jpg (98KB, 864x951px) Image search: [Google]

98KB, 864x951px

>>1793894
Do the first option.

Live free.

>>1793894
Talk to a lawyer first, but refinance the house for 67,000 or less, enjoy your roughly 320/month house payment, fix it at your leisure yourself, put like, 20,000 in over time, sell house for 300,000 when done. Even better, talk cunts into taking 25,000 each for getting paid immediately and only pay about 250/month.

lawyers ask 150€ just for information
law says whoever wants out can force a sale
if it goes to court and i lose, house will be auctioned off, cunts don't care if everyone loses money
i need a long term contract in order to refinance, i have a short term minimum wage one

>>1796619
Sounds like a massive headache and you probably don't have the means to finance a remodeling of a dilapidated house.

Sell it, and free yourself of that burden and the headaches of having family bitch at you. Better than selling yourself on a pipe dream of remodeling the home when you didn't mention that you were a handyman or financially stable enough to afford the materials.

Free yourself, and stop trying to milk what is essentially a gift. You'll be glad you did when it's all said and done.