Smartest realtor

The news is out: [ After Bishop Michael J. Bransfield was banished from his post as head of the Catholic Church in West Virginia, the church-owned residence he had lived in was put up for sale. It was a historic 9,200-square-foot Colonial Revival-style house with five bay windows that was once known as Elmcrest. Bransfield had spent $4.6 million to restore it to his exacting taste.
The diocese did not hire a real estate agent, advertise the property’s sale online or hold an open house. Instead, as allegations of sexual and financial misconduct against Bransfield spilled into public view in June, the church sold the property to a wealthy Wheeling, W.Va., resident for $1.2 million.
Church officials said the private sale was a way to avoid paying commission to real estate agents, but it also had the effect of keeping the public from taking the full measure of Bransfield’s extravagance and excess.]

It’s all profit, because the usual suckers contributed the original money used to purchase the property.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s