Been waiting for my sibling to buy out my share the property for the last three months. Originally i wanted it all done by auction as the property is in a poor state of repair. My sibling got their solicitor to assure me it would be all done by February to avoid bills accruing too high (Council Tax kicks in now, utilities etc.). There has been no proof of funds and no timeline for completion since, despite me asking several times. I suspect sibling is struggling to raise another mortgage to buy me out.
I have told sibling's side that I'm going to reconsider putting the property up for auction again this week if I don't get evidence of a mortgage offer and satisfied lender requirements. As administrator I have to maximise the value of the estate so the mounting bills and uncertainty is making me feel uncomfortable.
Is 3 months long enough to wait?