All Forum Posts by: Aric Yuji Harris
Aric Yuji Harris has started 11 posts and replied 13 times.
Post: How do I keep a family member in place when we need to sell?

- Posts 14
- Votes 6
I have a situation in Petaluma and I wanted to know if anyone had any ideas as to how we might be able to solve this to everyone's satisfaction.
There is that a family member is living in a detached carriage house on her grandmother's property. She took care of her grandmother for some time before she passed feels attached to the property.
My grandmother though left a trust behind to distribute her property to her descendants with a little extra for that family member. That family member convinced her mother, the previous trustee, to let her stay in the property until she found a new place.
15 years later and over $300K of her personal funds sunk into the carriage house later and she is still there in a remodeled carriage house.
She doesn't want to move and is now co-trustee with another family member that does want to liquidate the house and distribute the assets.
Is there some way to satisfy both parties? We tried looking into buying out the other members but the percentages were so high that she would end up losing the house anyway from the monthly fees.
I am not sure how to proceed as I've mostly just dealt with simple turn-key properties or simple lending. Is there a creative solution? Any advice would be appreciated.
Thank you.
Post: Looking for good realtor in Petaluma, CA

- Posts 14
- Votes 6
Thank you! I'm still working with my cousin to determine what we need but I wanted to get started with what I could in the meantime.
And I will do my best to answer any questions you may have.
Post: Looking for good realtor in Petaluma, CA

- Posts 14
- Votes 6
I'm a bit new to posting on BP forums myself so please let me know if you need more information but I'm looking forward to hearing from all of you!
Thank you so much.