Paying out the co-heirs cannot be financed: what the options are

Checked on 11.11.2026

Translated from German. Where anything differs, the German text counts: Deutsche Fassung

A sister wants to keep the parents' house. The others are to receive their share, but the bank will not lend that much, or not at once.

Options heirs often discuss

None of them is recommended here; which one fits is for you to decide together.

A loan. The person taking over finances the payout through a bank. How much is possible depends on income and the loan-to-value.
In instalments. The others receive their share not at once but over years, with or without interest, as agreed. For land, such an agreement belongs before a notary.
Part now, part later. Some immediately, the rest on a later sale or at a fixed date.
Keep it together. The house stays with everyone, one person lives there, costs and use are agreed.
Sell. The proceeds are divided by the shares.

What such an agreement means legally and for tax is for a notary, lawyer or tax adviser to assess.

Calculate with the same figures. The same value, the same debts, the same shares for every option.
Work out instalments before offering them. What does each person receive per month, for how long, and what has been paid in the end?
Write the result down. Who receives what and when, agreed by everyone.