<prompt> Human: I was hoping someone with a bit more experience could help me out in this situation by offering some advice. I am 24 and my father passed away suddenly leaving us with all of his assets. My younger sister and I are in charge now and essentially orphaned. He was a single father. We live with my grandfather now, but he is not of sound mind to make these big decisions for us. The house is worth about 80,000 from an appraisal -even with some damages. It is a 3 bedroom cape cod. The bathroom is badly damaged and in need of renovations. The kitchen is outdated and also in need of some repair. All of the carpets would need replaced and some work done on a few rooms drywall. It is live-able and in an ok neighborhood in western Pennsylvania. My father still owed about 60,000 on it. So there is a profit of about 20,000 if it sells. There is a house about two down from his that is almost identical Im not sure about the condition inside that has been on the market for about 2years and not sold. I dont really have the time and resources to put initial funds into a house for two years while I wait for it to possibly sell. I could do it if I had to but it would be a struggle. I dont see paying mortgage, insurance, and utilities for no one to be living there while I wait for it to be sold. So should I try and keep it running and sell it or should I let the bank repo it? I am not worried about missing out on 20,000 because I have a full time job and support myself, I just want everything to be done with. I also would not have any negative financial ramifications on my name if the bank were to repo it because nothing is in my name. We are working with a lawyer who strongly advises against letting the bank have it, but the feeling Im getting from him is that he is only saying this because he would get a percentage of the profit if it sold. Can reddit offer any advice or suggest another sub that might be able to help? Thank you!  <response>: Would you buy this house if you hadnt inherited it? My guess is no. Based on the possible 20k I would sell it, a realtor would do the work. Even 10k to split with your sister seems worth the work. Good luck. 