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Re: Purchasing family property - question


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Posted by rrlund on January 18, 2014 at 09:32:00 from (162.250.26.204):

In Reply to: Re: Purchasing family property - question posted by Eldon (WA) on January 18, 2014 at 07:53:35:

No,but I would come up with enough money right now to pay your brother and sister each a third of the value. Yes,it's going to cost you three times as much,but if you don't,I'll guarantee you'll have problems with them in the end.

I bought the farm from my folks 33 years ago on a land contract at 7% interest. I paid every dime of it off,interest and all. Dad has been gone for 7 years now,Ma is 88 and it's just a matter of time. I have 5 siblings and the "why should he get anything? Dad gave him the farm" garbage has started among some of them and their worthless kids already.

Not to sound un sentimental here,but I can tell you first hand,having the old home place is no blessing,it's a genuine curse. There's hardly a day that goes by that I don't wish I had gone someplace and bought a place that didn't mean diddly crap to anybody.


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