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18 July 2013

Great-Grandma's Worthless House

Everything needs to be viewed in context.

In the settlement of my great-grandfather's estate in 1948, there were two pieces of real estate he and his wife owned. There was a small mortgaged farm of less than 100 acres and there was a small house on a lot in the nearby village. The was not enough cash to pay the debt so something had to be sold, but in authorizing the sale, the judge deemed the home to be of no value.

The reason was simple: a worthless house did not need to be sold. The farm was sold to pay the debt on it, but the home remained the widow's residence.

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