My uncle’s house officially sold. The paperwork was signed, sealed and delivered and Uncle F didn’t get his say in trying to stop the matter. I genuinely think the majority of the family is relieved. There’s not a lot left of Uncle K’s that anyone can fight over. Hopefully the rest of sorting his estate is a much smoother process than what the last 10 months has been. Though I know it’s not all done yet, this is (in a way) closure or sorts.
There’s something in Vancouver called a vacancy tax. While it doesn’t entirely fulfill it’s purpose, it was put in place to deter foreign buyers from buying property in Vancouver/The Lower Mainland of British Columbia who never intended to live in said homes. Vancouver has several problems with the housing market, not the least of which being foreign investors use property purchases as tax write-offs in their own country and leave houses vacant for decades. Hence… vacancy tax. Anyways, the vacancy tax was applicable to everyone. So, when Uncle K passed, the longer we held onto the house for, the longer we were paying this vacancy tax. It was something we didn’t expect to incur. Given the value of his home, it was actually quite a hefty tax.
Well, now someone else owns the home.
Actually, I’m going to predict that the next time I drive past that property, there’ll be some monstrous mega-mansion in its place. That’s another problem with the Vancouver housing market. But, that’s a story for another day. The house sold!
There’s not much left for the family to fight over now.
Someone passing really teaches you who in your family cares more about their family then they do about money.