Where would be the best place to get some needed financial advice?
We called our tax preparer, but he is really bad about returning phone calls. We need some information to help us make an informed decision now, not 2 weeks from now. This is not for debt consolidation or anything like that. It is about whether we can afford to buy someone out of their half of property they own jointly with my husband. It is an inheritance. The other half wants to sell it quickly and cheap, and we’d like to hang onto it and either keep it or get what it’s worth. We just aren’t sure how selling it now or buying the other half out will affect our entire financial situation as it’s complicated. Anyone have any good suggestions for us?
We can afford the cost of buying out the other half owner, but it’s the other costs associated with owning the property over the next year or two. This is also more complicated for us due to our current financial situation and it’s affects on both that and our taxes.
The other owner is my husband’s brother and he wants the money fast! He expects us to have a decision yesterday. (lol) My husband doesn’t want to just let the property go fast and cheap. He’d rather we keep it or at least wait until we find a buyer willing to pay closer to what it’s worth.