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Updated almost 2 years ago on . Most recent reply

User Stats

25
Posts
7
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Brendan S.
  • New to Real Estate
  • Bay Area
7
Votes |
25
Posts

Probate questions when heirs can't come to agreement

Brendan S.
  • New to Real Estate
  • Bay Area
Posted

Hello everyone. Thank you for taking the time to read this and for any insight you can provide. My abuelita passed and I am an heir as I have inherited my late father's share. There are a total of seven aunts and uncles (including my late father) but they, to put it mildly, don't get along.  The shares of the estate are equal. One heir seems determined to purchase the house but doesn't have the money; they called to ask me to gift them my share or sell at a significant discount. My offer to purchase the house at its assessed value wasn't accepted by this same heir. As no one can agree does it now goes to a court who will force the sale?

Will I have an opportunity to petition the court to purchase before it goes to market or is that now how probate in Texas works? I just hate the thought of my family members, even the one who is acting bizarre, getting deprived of financial resources they may need. I also hate the thought of this family asset my immigrant family worked hard to acquire being sold way under market to any Tom, Dick, or Harry. My grandparents are rolling over in their graves over this, I'm sure. 

Most Popular Reply

User Stats

404
Posts
262
Votes
Justin Hammerle
  • Realtor
  • Providence, RI
262
Votes |
404
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Justin Hammerle
  • Realtor
  • Providence, RI
Replied

Is there an executor/administrator in place?  They are charged with disposing of the asset or transferring it per the will and may or may not need your approval to do so.  I would get in touch with them immediately and if they intend to do anything that you are not in agreement with you may have to seek legal guidance and submit an objection to the court. 

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