Home Finance ‘I shouldn’t be punished’: My sister can’t afford to buy me out of our mother’s $450,000 house. She has no home. What should I do?

‘I shouldn’t be punished’: My sister can’t afford to buy me out of our mother’s $450,000 house. She has no home. What should I do?

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‘I shouldn’t be punished’: My sister can’t afford to buy me out of our mother’s $450,000 house. She has no home. What should I do?

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My father passed away several years ago. My parent’s home has long been paid for and my mother probably has roughly $120,000 in liquid assets (bank accounts, CDs and a retirement account). My sister and I are the only children, and our names are on the deed as second life tenants. Ownership would pass to my sister and I upon my mother’s death. 

I’m…

Master your money.

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