Posted by Bud Branstetter on December 08, 1998 at 16:57:35:
As executrix you will have to have the probate court’s approval to sell. One alternative is to borrow the money to pay the other heir off. If conventional financing is not available a note can be created and sold to provide the cash the heir wants. It becomes a win-win if the other heir values the cash more and you value the property more with its new payments.