Do you have to have all of the money up front right now? how about giving your brother a private mortgage where he pays you every months and if he stops paying you(defaults) you can foreclose on him? You guys might be better off selling the house and moving into something more economical, where is the home located?
Thanks,
Bill Smith
http://www.HouseValuesNY.com
Keller Williams realty
914-420-1974

It sounds like you are tenants in common in the home you have inherited. As such each owner has an unrestricted right of access to the property. So your brother would not need your permission to live in the house.

However, you have the same right to live in the property without his permission. Neither party can wrongfully excludes another from making use of the property, the excluded co-owner can bring a cause of action for ouster, and may receive the fair rental value of the property for the time that he or she was dispossessed.

Your situation sounds like the best solution may be a Forced Sale of the Real Estate. This is an action taken in a civil court forcing the owners to sell the property at issue and divide the profits.

Bryan Fagan
www.BryanFagan.Biz