My Grandmother left me an enormous amount of money in her will. For a brief period, I was worth $79,519. My Grandmother was a spiteful woman. She left my younger sister $10,000, because she was the daughter of the man that my Grandmother hated. My birth father was my mother’s first husband. My younger sister’s birth father was my mother’s second husband.
How did I lose my wealth. I gave my sister $34,000 so that she would have an amount equal to my own. It was right thing to do. I bought a used car for $1,800. I bought a seventy-three year old Millhouse that sits a couple hundred feet from the RR tracks. I chose not to seek a loan from the bank. It is foolish to borrow money when you have enough to pay the full price. I did a $5,000 wire transfer to the lawyer that handled closing one week before closing. I did a wire transfer for the balance of the price to the lawyer that handled closing two hours before closing.
I would like to add that I told the real estate agent that I would only buy the home if closing took place one week after the day he showed me the home. I also made it clear that I expected to move into the home on the day of closing. He made that happen.