4.6 • 682 Ratings
🗓️ 26 June 2024
⏱️ 8 minutes
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0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
0:06.5 | So I got kind of a tough family money related question. I don't know how to approach a family member |
0:14.5 | as far as regards to money. The long story um, unfortunately my mother passed away. |
0:22.1 | And my uncle has a 50% stake in her house. |
0:26.8 | And he came with me with an offer to cash me out, but it was about a couple hundred |
0:32.5 | thousand dollars low, lower than what, um, market analysis reports and multiple realtors that I've talked to have said |
0:40.8 | that place is worth. And I don't know how to give them the tough, you know, the tough answer, |
0:47.1 | ask them just, hey, this seems really low without burning a family bridge. |
0:56.1 | So I'm just having a tough time. So wait a minute. |
0:57.5 | If you go back to your uncle and say, sure, I'll be happy to sell you, but I'll sell |
1:03.6 | it to you at just a little bit below market value, which is a whole lot more than you're |
1:08.6 | offering, you think he's going to get mad and run away |
1:11.7 | and mad? |
1:13.5 | Essentially, yeah, and then the house would go on the market. |
1:16.3 | It was my grandfather's house. |
1:17.6 | Okay, put it on the market. |
1:18.7 | Years ago to where. |
1:20.8 | Put it on the market. |
1:22.6 | I'm trying not to burn a family bridge. |
1:24.7 | I know. |
1:25.1 | You didn't burn a bridge. |
1:26.1 | If he acts like that, when you do that, he a family bridge. I know. You didn't burn a bridge. If he acts like that, he burned the bridge. You can't choose who burns bridges except you. But you're not |
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