I wanted to go the loan route, but my wife doesn't. Her dad has never been good with money even though he was a teacher with a good income and benefits. She is afraid he will take out another loan without us knowing. He can make payments, but in the meantime we are left without savings and no escape route if we have an emergency... BTW, the property is in Michigan. The house has been in "remodel" mode for years and won't qualify for a real mortgage. Not sure where you got the $37000 from....
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
... [Read Article]
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