hurleyjd
Well-known member
Here is the approch I would take. Find out what her palns are, does she want to remain where she is or is she planning to move to town. Any case here is my approch, she has no kids, she needs income, possible to replace what she might have been drawing on her social security and will lose either that or what her husband was drawing. She needs a revenue stream to keep going, returns on money is limited for her as an investment. Offer to buy it with her carrying the note at say 4% over ten or fifteen years. How old is she that also could come into play. Make her the offer and give her a live time estate in the home. Also pay on the note as long as she is alive and atg the time of her death the note is paid off. You will really have to be a good at dealing with her in a way that you do not intimadate her or make her mad at you. Handle it with kid gloves.