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(@holy-cow)
Posts: 25292
Topic starter
 

I know, I know, I know. Some of you will tell me it's all my own fault for being silly enough to not insist on full payment at delivery of the goods............or earlier.

However...............this is a regular supplier of work. A very busy real estate agency. They have helped put a lot of money in my bank account over the years.

Here's the bottom line. This was one of those jobs where they line you up about two months ahead of actually having the contract signed so you know it's coming but you're not sure exactly when to start doing anything. Nice to know but that's about it. Finally get the go ahead. Dang it. About 49,000 other people jumped on board in that two months. Maybe exaggerating a tad. Do our best to fit them in around the edges. Things are going pretty well until I discover what they hadn't bothered to tell me up front. What sounded incredibly simple turned out to be a horrible mess. Absolutely horrible mess of home-cooked descriptions plus surveys by three other firms over the past 20 years. I'm figuring out real quick why they didn't call any of them. Nevertheless, we get the project done as soon as possible but not nearly soon enough because we are told the lender's appraiser and the title company are simply sitting around with nothing else to do but jump on this baby once we finish our part. Probably close in under a week. That would have been six weeks ago.

My best guess is that the title company workers went blind trying to piece together all the history of the crazy quilt we had to piece together to do the survey. This little tract of less than 10 acres borders six senior tracts and has no access to a road except across one of the six adjoiners. That's not a problem because the buyer is one of those six adjoiners. Part of the problem is that three of the adjoining tracts were modified after the initial attempt at creating each one. In each case there is a deed, followed by a returning deed using the same description, followed by a new deed with a new description. Silly people can't make up their minds, apparently. I knew this was going to be fun when I checked with the County Appraisers office for help and they announced they had given up on sorting it all out years ago. They made up something for each tract and issued property tax calculations on that and no one had challenged them to date. That may be part of the hold up as well.

Back when every dollar was needed immediately to pay for baby diapers and school lunches this would have been a killer. Today I refer to it as the ongoing education we all get sooner or later. The money will come along. It would be nice to be able to whine and claim I was going to put it in another CD paying 10.45 percent APR, but that ship sailed a long time ago without me aboard. I'll squander it on another little piece of real estate sooner or later. The county property tax rate isn't high enough to discourage thinking like that despite my letters to the commissioners admonishing them for setting the mill levy too low.

 
Posted : 22/08/2016 7:31 pm
(@paden-cash)
Posts: 11088
 

That's all you get on your CDs is 10.45%? Wow. I bet things are tight up there....;)

 
Posted : 22/08/2016 8:27 pm
(@flga-2-2-2-2-2-2-2-2)
Posts: 7403
Registered
 

paden cash, post: 387657, member: 20 wrote: That's all you get on your CDs is 10.45%? Wow. I bet things are tight up there....;)

Remember "reaganomics"? CD's were paying 17.5%. Now you're lucky to get 0.9%.

 
Posted : 23/08/2016 2:56 am
(@andy-bruner)
Posts: 2753
Registered
 

FL/GA PLS., post: 387664, member: 379 wrote: Remember "reaganomics"? CD's were paying 17.5%. Now you're lucky to get 0.9%.

Yeah, but my mortgage was 14% too.
Andy

 
Posted : 23/08/2016 4:50 am
(@paden-cash)
Posts: 11088
 

FL/GA PLS., post: 387664, member: 379 wrote: Remember "reaganomics"? CD's were paying 17.5%. Now you're lucky to get 0.9%.

Actually I've got some that are earning almost 2%...but they won't mature until we have a colony established on Mars....

 
Posted : 23/08/2016 4:59 am
(@jack-chiles)
Posts: 356
 

paden cash, post: 387673, member: 20 wrote: Actually I've got some that are earning almost 2%...but they won't mature until we have a colony established on Mars....

Will you open an office there?

 
Posted : 27/08/2016 5:21 am