Can anyone advise.
We have inherited a house to be shared between myself and my sister. My sister wants to buy out my share of the house, but needs to sell her house first to give me my share.(remortgaging her house on a buy to let isn't an option).
She plans it live with as little mortgage as possible, whereas I haven't made any firms plans with my share of the inheritance, but I do want to put it in a high interest savings account and draw down the interest on an annual basis for home improvements/holidays etc.
I believe her house is overvalued and hasn't even had a viewing in over six months.
Whilst I'm sat here waiting for her to sell her house I'm losing interest and also the price of the family house is falling rapidly, therefore reducing the amount I will get off my sister. I don't want to force the sale of the family house we have inherited, but I don't want to lose interest payments.
Any ideas as to what might be a happy resolution, or has anyone been through this and are still talking to the rest of the family...