Selling a House When the Owners Don’t Agree

SEP 3, 202613 MIN

Description

What happens when multiple people own a property and they can’t agree on whether to sell? This situation comes up more often than you might think. It can happen during a divorce, when siblings inherit a home or family land, or when business partners own real estate together and one person wants out. In this episode of Living in Tahlequah, I’m talking about the real estate side of these difficult situations and what I’ve learned after more than 25 years in the business. We’ll talk about figuring out who actually owns the property, inherited real estate, one owner buying out another, disagreements over value, family land, partnerships, and why letting a property sit while everyone argues can become an expensive mistake. I’ll also explain why sometimes the disagreement isn’t really about the money at all. When a home or piece of land has decades of family memories attached to it, selling can become much more emotional than a typical real estate transaction. If you own property with someone else or expect to inherit property with siblings or family members someday, this is an episode worth hearing. Please remember: I’m a Realtor, not an attorney. Ownership disputes, probate, divorce, estate planning and other legal matters should be discussed with a qualified attorney.