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To: rbosque

Do NOT preclude the idea of buying the property (if you like it) out of the estate. Yours is a classic, golden set of circumstances. The heirs more often than not do not want the property and would be very happy to receive a 5% yield on their value, especially for a zero-hassle no realtor commission sale to a proven payer. Those are the easiest RE deals in existence. Don’t worry about a low down payment, your dn pmt is the RE commission they won’t have to be paying.


56 posted on 03/15/2010 12:04:48 PM PDT by Attention Surplus Disorder (Voters who thought their ship came in with 0bama are on their own Titanic.)
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To: Attention Surplus Disorder

Thanks for your advice. It sounds reasonable to me. I have returned to college full time and I anticipate graduation next year, at that point I will have to assess my situation. The only down side is that the house is very old and a termite city, so there will be extensive improvemrnt costs afterwards. But hopefully I will be employed full time by them.


69 posted on 03/15/2010 12:58:23 PM PDT by rbosque (11 year Freeper! Combat Economist.)
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