My sisters and I inherited a house in Los Angeles, CA from our parents. We've already been through probate and the house now belongs to all three of us. We are renting it out until we can sell it. It's paid off so we don't have to worry about a mortgage. We've had the house appraised at $500,000 through a realtor, who says he can sell it for us. Now one sister wants to buy the house and use as a rental to supplement her retirement income. However she doesn't want (or can't afford) the market value and want's to buy it at a much lower price, $280,000. My other sister and I refuse. We want our fair share. The arguing has caused my one sister to stop communicating with us, and now I'm afraid we will have to go to court to sell the house. My question is, if we apply for a partition suit and the house is put on the auction, what is the lowest bid the judge is likely to ask for? Will my sister be able to buy the house at a lower price? It seems that she might win out and buy the house at a price lower than the FMV if the other bids are low also.