my father recently died, and his home was left to us kids in the will. the will stated that the house, which I live in, is to be sold andsplit,canibuy

Asked by Spidermonkey, 17201 Mon Aug 2, 2010

there are 5 kids, and we are each left 20% of the house. how would i go about buying it?

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Alan Openshaw’s answer
Alan Openshaw, Mortgage Broker Or Lender, Southampton, PA
Mon Aug 2, 2010
Hello Spider,

Basically you are buying it from the estate which will give you 20% of the proceeds of the sale towards downpayment and closing costs. Its a relatively straight forward transaction. The hard part is getting the siblings to agree to a fair purchase price.
You will need to qualify for a mortgage. Call me if you need any help with the mortgage.
Regards,
Alan Openshaw
Cornerstone Lending Inc
Southampton
Pa 18966
office 215 953 0800
Cell 267 992 7276
0 votes
Harold Burkh…, Agent, Greencastle, PA
Mon Aug 2, 2010
Give me a call @ 717-816-9713. I would be happy to discuss this with you.
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