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To: madison10

sell it all or if sibling wants house 4 leave that as their “Inheritance” if no one wants to farm it, if no one wants to mow the yard, let it go. Let the past go, it is where you grew up but that was then, not to sound to harsh forget the emotion or legacy, it is the past, recall it, enjoy it at family gatherings, do not hang on to it.


6 posted on 02/16/2020 8:15:52 PM PST by Jolla
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To: Jolla; madison10
I agree with selling it all and putting a price on house 4 so that the sibling can use their share from the proceeds of the property sale to purchase it if they want to. Also there should be an appraisal which includes said purchase option so that it can be determined if it is even feasible or possible to separate that piece of land from the rest. The property will be a huge liability if nobody wants to pay for continued maintenance.
46 posted on 02/16/2020 8:53:55 PM PST by mountainfolk
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To: Jolla; madison10
It is true, you can never go home again.

My mother bought my grandparents ranch in Oklahoma even though most of our family was in other states. She talked herself into thinking it was an investment with mineral rights included. She also thought it would be there for any family who may have wanted to visit or do something with it. I thought I should not provide an opinion because it was her financial decision and I didn't want to be a greedy son. A few years later test wells were not successful and my mother sold it for a loss.

Find an equitable way to break it up and sell off the excess. Dreams of the past usually don't translate to unclarified dreams of the future.

There were other situations where my mother didn't make good decisions due to emotional reasons. Madison, don't be like my mother.

76 posted on 02/17/2020 1:18:31 AM PST by higgmeister ( In the Shadow of The Big Chicken)
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