Working out buying a house and getting things squared away is a pain. But I
have to say, when you pay things off, that’s great! Is this the house you grew
up in? That’s always a special place. Hang in there!
Sent from my iPhone
On Jun 24, 2021, at 5:58 PM, Steve <pipeguy920@xxxxxxxxx> wrote:
Hi Everybody,
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 account.
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 shock.
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.
Steve
Class of '72
