Taking over the house - Payout to the siblings

consult the broker of our house bank for an assessment.

Hello PhiTh

it's off-topic, but I had really bad experiences with the brokers from the bank.
Apparently, he did not want to sell my apartment. He implied that (possibly a straw man) could buy the apartment very cheaply at some point. That is certainly not standard, but should be taken into consideration.
Only a broker from the market served me to my full satisfaction with a much higher sale price.

Steven

If you were to sell the house, I would forego an appraisal, or rather not base the payments on it, if at all possible. Someone will always be upset, because appraisals and sale proceeds can differ significantly. We ourselves currently have a case where an inherited house was vastly overvalued, despite massive renovation backlog. Now my wife will probably have to pay out her aunt from her calculated share as no buyer can be found for that amount.

But what else? Interests are conflicting here. The payer wants a low value, the payee a high one. Someone has to state a price that both accept and that is realistic. Who else should that be if not an expert. Karsten

In the case of arnonyme, however, I find it absurd to distribute the inheritance based on an appraisal when the house is going to be sold externally anyway. So it will not remain within the family. Then there is a real market value to be distributed. Why work with fictitious numbers there?

Otherwise, pragmatically but not the proper English way, just list the house and see what the market offers and simply sell.

immoxxscout spits out a value. I think it costs 150 €

If necessary, an expert. So that family peace is maintained.

In the case of arnonyme, however, I find it absurd to distribute the inheritance based on an appraisal if the house is going to be sold externally anyway. So it will not remain within the family. Then there is a real sales value to be distributed. Why work with fictitious numbers?

I think it was because several properties were divided among a community of heirs. Some properties were partially kept as rental units. But basically, you are probably right. For the specific house, I don't understand it, since it was clear from the beginning that it was to be sold.