My grandmother and her brother sold a house they inherited (no will, original owner was their mother). The property was never formally probated before the sale. The home closed in October 2025 through a title company, and funds were initially distributed to my grandmother and her brother. Before the sale, the buyer/title side was aware that another family member (their nephew) was living in the home. My grandmother specifically asked if his signature or involvement was needed, and she was told it was not required to proceed with the sale. After closing, the title company contacted them and said the funds needed to be returned, stating there was an issue related to the nephew’s claim. The money was sent back with the understanding it would be properly redistributed. Now months later, the funds are still being held in escrow because the nephew (who is likely also an heir through his deceased mother) is refusing to cooperate and is trying to negotiate for more money. Questions: Is it ...
My daughter is starting a university program that will take her four years to complete. Both of us want me to be in the same city while she’s there. I can buy a condo for 100-125K cash; hoa + property taxes and HOI would be about $500-600/month, but local rents for the same sqft are about $1200-1500/month. I’d lose the $350/mo interest I make in that CD, but I’d also lose the taxes I have to pay on that income, and I’d pay half in housing per month. Basically I’d pay $60,000 in rent over 4 years but no maintenance. I’d pay roughly half that in property taxes/hoa/ins in that same period—and the property would increase in value. What would you do? I hate hoa’s but I also hate throwing away rent. submitted by /u/moschocolate1 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1suiwtr/what_would_you_do/