I agree with others that they should get at least 1.5x market value. There is an emotional damage to taking someones belongings that should be accounted for. And also, supposing they use the funds to buy a new home, they will need to get a mortgage still, which now have significantly higher interest rates, increasing their monthly payments.
I agree with others that they should get at least 1.5x market value. There is an emotional damage to taking someones belongings that should be accounted for. And also, supposing they use the funds to buy a new home, they will need to get a mortgage still, which now have significantly higher interest rates, increasing their monthly payments.