My question involves real estate located in the State of: CA
My question concerns a co-owned vacation home. One family invested a huge amount of money in a renovation and new addition seven years ago. The other family would like to be bought out for half of the pre-renovation appraisal, but the renovators are refusing this and claim that they would owe less. The renovators have vast resources for a legal fight, while the other owners can't afford a court battle. What are the options for the owners who would like to cash out?
My question concerns a co-owned vacation home. One family invested a huge amount of money in a renovation and new addition seven years ago. The other family would like to be bought out for half of the pre-renovation appraisal, but the renovators are refusing this and claim that they would owe less. The renovators have vast resources for a legal fight, while the other owners can't afford a court battle. What are the options for the owners who would like to cash out?
Co-Ownership: Dispute Over Current Value of Co-Owned Home
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