Can I sell my part or borrow on my 1/2 of the value of the property? 3 Answers as of October 26, 2016

I am a half owner of my deceased father’s house which one of my siblings lives in until his death. My other sibling is other half owner.

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Law Ofices of Edwin K. Niles | Edwin K. Niles
Theoretically, yes. As a practical matter, however, you will have a problem finding a lender or buyer. Your remedy is to file a partition action and get a judgment for sale. You'll need a lawyer for this. You can get a referral from your local bar association.
Answer Applies to: California
Replied: 10/26/2016
Patrick W. Currin, Attorney at Law | Patrick Currin
You cannot encumber half of a property with a loan, so you would need the consent of the other owner. You can sell your interest in theory, but in practice only a fool would buy into a partial interest.
Answer Applies to: California
Replied: 10/26/2016
Law Offices of George H. Shers | George H. Shers
Certainly, but no one is going to give you much. Since your brother lives there rent free [as could you], it would be difficult for a buyer to be able to rent the house and your brother would be entitled to half the rent [it is half his house]. No one will lend you money because it is very costly to try to force the house to be sold.
Answer Applies to: California
Replied: 10/26/2016
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