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Response to trof (Reply #11)

Tue Sep 22, 2020, 11:41 PM

12. We are in N.J. Little room left, however.

Lynn's daughter and family moved to the second floor, five years ago. They are buying the house from us, probably in spring. We will sell at 2/3 of appraised value and in return, get a grant of Life Estate.

If you don't know, that means we get to live here for as long as we live. J and R get to keep the house. That is important to them as they put $50k into renovating their apartment.

So I guess it will still be kind of the communal setup but with fewer people living here. If they have a 2nd kid, or later have other people move in, the third floor will again be occupied.

The house is 200 ft. from the direct line bus stop that goes to N.Y.C. So if/when the virus abates, I will be able to go to NYC for the senior fare of $6.00, round trip.

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3Hotdogs Sep 2020 OP
Hoyt Sep 2020 #1
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marybourg Sep 2020 #4
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LiberalLoner Sep 2020 #8
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trof Sep 2020 #11
LineLineNew Reply We are in N.J. Little room left, however.
3Hotdogs Sep 2020 #12
trof Sep 2020 #13
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