What would you do with inherited property?

I have inherited 1/3 of my parent’s property and my siblings and I are debating what we want to do with it.   The house is situated in a sought after neighbourhood on a hill with a park across the back lane (no houses behind our house!).  The house was built in the 1960s and has not been renovated much.  Everything was original: oak kitchen cabinets, tiled kitchen floors, hardwood floors and copper piping.   Our dad just installed a new roof and a new boiler last year.

With the real estate market being so hot in Vancouver now, I am guessing the house could easily sell for $900K even though it needs a bit of updating.   After all the real estate fees and etc., I am guessing we would each have about $250K in our pockets, if we were to sell it as is.

The Impact of Mental Illness & Suicide

News of Robin Williams committing suicide saddens me a lot.  My heart goes out to his family.  I truly hope that Williams have left his family with a note or something to help bring closure.

Debtdebs wrote a post about Thoughts on Suicide which prompted me to write a post about Suicide and Mental Illness.

The news also brought a lot of memories of the time when I had to deal with my father’s mental illness.    It all started about 7 years ago when my father thought he was diagnosed with prostate cancer.  It all went downhill from there.

3 Years Ago Today…

3 years ago today was the day my mother left us.  I honestly can’t believe it has been 3 years already.

I was going through my old blog posts from before (I am still trying to figure out how to port over my content and publishing it with the date it was published) where I blogged about my mom’s fight with lung cancer and my dad’s fight with depression.

I remember working part-time in June and finally took a leave from work in July 2011 and took advantage of the 6 weeks compassionate heath benefits through EI ($421 / week after taxes).