klmno
Active Member
For those not familiar with my story, let's just say my mother is very dysfunctional and has a lot of issues of her own. That being said, she is still my mother. She called me back tonight after I left a message for her.
She said that a guy who lives near her (who doesn't work- may be retired?) wanted a piece of property she owns back in the boonies in another state. This place is not plush at all, but it's a neat little place if you like being in the woods and "roughing it" near a cool river. Anyway, he said he couldn't afford to buy it right-out, but would buy it as a rent-to-own, sight unseen. Then she said he wanted to move iinto it and rent it, to own. She said she drew up a contract herself and took it over to him.
I nearly fell over, until she said it had not been signed yet. I told her NOT to sign it and tell him that she had talked to me and that our family was in dire straights right now and she could not go into any rent-to-own arrangement. I had been afraid for years to bring it up, but finally, I told her that being in her 70's and alone, I was concerned about people trying to take advantage of her. I told her that I knew she was not mentally incompetent (choke) and did not need to give me or anyone full power of attorney, but that it might help her deal with people pressuring her if we had an arrangement where she could not sell anything without both of our signatures.
She said a friend used to have that kind of arrangement with her mother before she died. I don't know what that would be called- does anyone here? My mom sounded all freaked- but then again, she's always been that way. She said she took a bunch of jewelry and sent it somewhere and got a check for $68 for it. Then, she said she found a nearby place that would have given her $800 for it. I hate to think what it was really worth. My mom has NEVER been a good decision maker.
Suggestions? Oh- to beat all, difficult child answered the phone when she called and she was asking him about this stuff first. I only got involved because when she asked him for the 3rd time what he thought she should do, he told her that she should talk to me about it. Sheeewwww- "thank you difficult child"!
PS I'm not expecting my mother to hold to everything she has forever- I told her if she wanted to sell this place, that wass her business, but to sell it out-right. If she has someone renting it to own, what if they default and/or trash the place? She has no feasible way of getting there to keepp it under wraps and it would cost her a fortune to deal with attny's and others to handle a situation like that. I suggested that she arrange to have it appraised within the next month, then in late winter/early spring, contact one of the realtors in the area that she knows and list it for sell. She's worried about the economy- I told her I thought it would be better then than it is now.
She said that a guy who lives near her (who doesn't work- may be retired?) wanted a piece of property she owns back in the boonies in another state. This place is not plush at all, but it's a neat little place if you like being in the woods and "roughing it" near a cool river. Anyway, he said he couldn't afford to buy it right-out, but would buy it as a rent-to-own, sight unseen. Then she said he wanted to move iinto it and rent it, to own. She said she drew up a contract herself and took it over to him.
I nearly fell over, until she said it had not been signed yet. I told her NOT to sign it and tell him that she had talked to me and that our family was in dire straights right now and she could not go into any rent-to-own arrangement. I had been afraid for years to bring it up, but finally, I told her that being in her 70's and alone, I was concerned about people trying to take advantage of her. I told her that I knew she was not mentally incompetent (choke) and did not need to give me or anyone full power of attorney, but that it might help her deal with people pressuring her if we had an arrangement where she could not sell anything without both of our signatures.
She said a friend used to have that kind of arrangement with her mother before she died. I don't know what that would be called- does anyone here? My mom sounded all freaked- but then again, she's always been that way. She said she took a bunch of jewelry and sent it somewhere and got a check for $68 for it. Then, she said she found a nearby place that would have given her $800 for it. I hate to think what it was really worth. My mom has NEVER been a good decision maker.
Suggestions? Oh- to beat all, difficult child answered the phone when she called and she was asking him about this stuff first. I only got involved because when she asked him for the 3rd time what he thought she should do, he told her that she should talk to me about it. Sheeewwww- "thank you difficult child"!
PS I'm not expecting my mother to hold to everything she has forever- I told her if she wanted to sell this place, that wass her business, but to sell it out-right. If she has someone renting it to own, what if they default and/or trash the place? She has no feasible way of getting there to keepp it under wraps and it would cost her a fortune to deal with attny's and others to handle a situation like that. I suggested that she arrange to have it appraised within the next month, then in late winter/early spring, contact one of the realtors in the area that she knows and list it for sell. She's worried about the economy- I told her I thought it would be better then than it is now.
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Since your Mom evidently is impulsive by nature I don't think "waiting" until summer is going to fly. Waiting is not usually an option that works with impulse control isues. 
