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truelaw4u@gmail.com
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Posted: Sat Oct 31, 2009 9:22 am Post subject: Their not thinking straight |
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My uncles were losing their house because the taxes aren't paid. Their up in age and sickly. The house was willed to them from their mother, who is my grandmother, now deceased. The house is paid for. No liens, no loans. (no one lives in the house, it need lots of works). They would prefer to loose the house than deal with me, their niece. They have no real income and they can't afford the upkeep of the property. I offered to pay the taxes to avoid tax sale. In which I did just that. I told them that I will sell the house for them and give them 60% and I will take 40%. They disagreed, however, I paid the taxes not to lose it. My uncles are between the ages of 69 and 75 and almost out doors. I want to sell the house for them and make a profit and at the same time give them 60% of the proceeds so they will be comfortable. Lawfully, where do I stand in the court of law? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant |
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gmakerley
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Joined: 09 Nov 2007
Posts: 7448 Location: bloomfield, ct
70.12 Dollars($)
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Posted: Sat Oct 31, 2009 5:05 pm Post subject: |
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this is not a forum that will provide you with legal answers. i'm sure there's a community of lawyers who can do just that. however, in my layman's opinion, unless you have agreement with your uncles to do what you propose, you're fighting a losing battle. i wouldn't think you'd have any standing to do this without agreement. and you've already noted that they disagree.
obviously, they could care less about this property. frankly, given that there is much to be repaired with the property, i'd think that their 60% of a sales price might not be enough to keep them all that happy down the backstretch anyway.
you're not simply being altruistic, either. you want 40% of the proceeds for your own purposes despite their wishes. _________________ George M. Akerley
Loan Consultant
860-221-5044 |
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gmakerley
 Community Mentor

Joined: 09 Nov 2007
Posts: 7448 Location: bloomfield, ct
70.12 Dollars($)
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Posted: Sat Oct 31, 2009 5:06 pm Post subject: |
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and i have to say that they probably are thinking quite straight, in fact. _________________ George M. Akerley
Loan Consultant
860-221-5044 |
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