
13. Greedy Family Member
Smoffatt34920 opened up with the story about their greedy uncle. “When my grandmother died, her will stipulated that everything was to be split 3 ways. A third to my mother, a third to my uncle, and a third to be split evenly between my sister and me. My uncle wanted to sell my grandmother’s house immediately to get more money out of it, but I wanted to keep it for sentimental reasons. My parents gave me a bit of money, and I used all my inheritance to buy out my uncle’s share of the house. I paid my parents back over the next few years, but the property became much more valuable. Over the following 10 years, while I lived in the house, property values in my city exploded.
“The house that I bought was also in a very desirable neighborhood and was worth well over double what I paid for it. It has continued to climb. When I paid out my uncle’s share, the estimated value was around $300,000. Last year the neighbor’s house (almost identical) sold for 945,000. Needless to say, my uncle has said multiple times that when I sell the house, he is legally entitled to more money out of it. That is bull crap. He is not getting another penny from me. I plan to live here for many more years. He will be long dead by the time I sell.”