That's quite an undertaking, the best to you and the family.
Glad you're keeping your parent's house in the family.
From: msb-alumni-bounce@xxxxxxxxxxxxx <msb-alumni-bounce@xxxxxxxxxxxxx> On
Behalf Of Steve
Sent: Thursday, June 24, 2021 5:58 PM
Subject: [msb-alumni] Momentous Week
Sorry I have not responded to messages lately.
Just to update ... we're all fine!
But, in an effort to get the estate of my Mom closed after 4.5 years, I
decided to buy my parents' house from the estate; so I had to pay my
sister's half. That meant a huge dip into savings and my retirement
And, for the past four months, Lance has become the son we hadn't known
before. He is over here helping out with projects, cooking meals for us --
and just enjoying a lot of conversations.
So, when my niece said she wanted to get the estate wrapped up and put the
house on the market, I more or less impulsively said "I'll buy it!" in front
of Shannon, who luckily is good with it, although we're both in a bit of
Everybody thought it'd be cool to keep it in the family; and hopefully,
Lance will be able to keep his job and pay rent. We're going to rent it to
him for probably half of what I could rent it for in this neighborhood.
We'd be okay for a short time if he didn't make payments, but not over a
long period without that income coming in -- so here's hoping!
Anyway, the last ten days or so has been a bit hectic; meeting with my
sister to get her to agree (she has pretty bad memory issues); talking with
my financial advisor, getting all the paperwork done, etc. etc.
Anyway, it's pretty much a done deal now; just got back from the attorney's
office who handled the estate.
Class of '72