Updated about 12 years ago on . Most recent reply
Life Estate- Is this deal doable or worth the hassle?
One of the responses that I have received from an absentee owner is that her and her two brothers all have ownership in the property and have a life estate. The two brothers currently live in the property and dont want move out, they both have terrible health and are in their 50's. The sister says they are drunks and constantly in the hospital. Would it be worth it to try to convice these two brothers to leave? or wait for them to pass away? (sorry to be to forward). Sister says she will take anything on the sale of the house as long as we can get them to sell. The house is worth about $150k. Your thoughts.