You can pick your nose and butt but you can not pick your relation. Get with the mortgage holder and make a deal to buy it from them after the parents sign off on it. If it is getting that close. You might get it bought for less than the mortgage. They will want their money as soon as possible without the legal fees. This way, there will be no family involved. The sooner the better but don't act too anxious to "save" the property of your parents. By all means, don't you go broke trying to save them.
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Today's Featured Article - The Revival of a John Deere Combine - by The Red, John Fritz. For several years I had been driving by a farm house on the west side of Indianapolis that had a John Deere combine parked in high weeds in a lot behind the house. The gentleman no longer farmed because the entire area was developed with housing and light industry. I had stopped several times and knocked on the door but no one would answer. My curiosity was up and I wanted to contact the owner. I wanted to see what he planned to do with the combine.
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