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BIKELAND > FORUMS > ZX12R ZONE.com > Thread: OT! My Mom's House is SOLD!!!! NEW TOPIC NEW POLL POST REPLY
VincentHill


Needs a life
Posts: 6520
posted February 27, 2005 06:24 PM        
OT! My Mom's House is SOLD!!!!

FINALLY! The Bleeding has stopped and I can go on with my life. Pay off my Credit Cards and buy things for my BIKE! In the last 2.5 years I had to spend about $50,000 to settle her estate and I do not make that kind of money! WOW!! I am as happy as I can get! (I may!! even stop calling myself PO) ??

NAW
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Made History @ Daytona and still one fast old man!!

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aliveagain


Needs a life
Posts: 5033
posted February 27, 2005 06:32 PM        
old men don't need that kind of stress either,happy for you!
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ninja12


Needs a job
Posts: 3310
posted February 27, 2005 07:03 PM        
Congrads.
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CrotchRocket


Moderator
Bracket Racing with Betsy
Posts: 8038
posted February 28, 2005 12:31 AM        
Hey Vince, howabout treating yourself to a new worry free 2005 ZX12...
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Otis


Needs a job
Captain Kickstand
Posts: 3028
posted February 28, 2005 04:39 AM        
That's great news Vincent, I know it's been a long time coming.
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vozizm


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Got Nothing Witty To Say
Posts: 4417
posted February 28, 2005 06:07 AM        
Very kewl sir... thats means MAXTON EARLIER THAN jUNE MAYBE??
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VOZ

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VincentHill


Needs a life
Posts: 6520
posted February 28, 2005 06:44 AM        
STRESS ''~~~~'''!!!!!~~~~~ wHAAAt Stre~~ss! Never been happier! No Money for a new bike, Just pay bills and maybe sell the Old Astro Van and get a NEW -ER one with the longer back end. Mine is an 85 with 240,000 miles FIx a few things in the house and get the COntroller for the Mini and maybe a paint job for the 1982 320i that has about 220 miles and I paid $100 for! The real plan is the put a new Front end on the 1976 Porsche 911s that Peggy had an accident with at about 130 MPH !! Otis, it is great to breathe! BTW, I also settled the accident part of my Law Suit for the Policy limit (Was Only $50,000 but better than nothing) So I still have 3 more to go!!
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Made History @ Daytona and still one fast old man!!

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oldkawboy


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Posts: 2125
posted February 28, 2005 07:02 AM        
I guess there's some truth in the old saying "Good things happen to good people", glad you've got that behind you Vincent.
Dan

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VincentHill


Needs a life
Posts: 6520
posted February 28, 2005 08:00 AM        Edited By: VincentHill on 28 Feb 2005 10:05
quote:
I guess there's some truth in the old saying "Good things happen to good people", glad you've got that behind you Vincent.
Dan


Dan, it was the Good person saying that! I still have 2 properties to deal with in Toledo but the difference is, one is worth about $20,000 to $30,000 and the Other is a Vacant Lot next door to it that I must get the deed corrected into my name and then sell both together for between $20,000 to $40,000 and then be out of the Real estate business (In Ohio) FINALLY and for ever!

More Good News! Two people in our department got a Bonus for last year! I will have (Besides a raise) and Extrra $1,000 to go to Daytona with in THIS WEEK's Pay check!
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Made History @ Daytona and still one fast old man!!

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MadMike


Moderator
FEAR THE BLACK FLAG!!!!!!!!
Posts: 6579
posted February 28, 2005 11:02 AM        
Congrats.... I am glad that the old money tree is shaking some branches at ya!!!
have fun in Daytona!!!
MM
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bigju


Expert Class
Posts: 238
posted February 28, 2005 12:57 PM        
That's great news Vince I have a similar situation going on with my grandfathers house. It's nice to see the light at the end of the tunnel, it's even better to be out of that tunnel! Way to hang in there, I hope you and your family can begin to go forward and enjoy yourselves now
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VincentHill


Needs a life
Posts: 6520
posted February 28, 2005 03:02 PM        
quote:
That's great news Vince I have a similar situation going on with my grandfathers house. It's nice to see the light at the end of the tunnel, it's even better to be out of that tunnel! Way to hang in there, I hope you and your family can begin to go forward and enjoy yourselves now


I would not wish what I went through on anyone! Knowing what I know now, I would say sell low quickly! The tax value of the house was $248,600. The original Realtor was trying to sell it for $140,000. I got someone to start selling it at $219,900. Seeing that was going no where I lowered it to $199,500 where I got some offers for about $160,000 The first one the bank found that the buyer had more than he listed. The second one the House failed inspection and cost me over $11,000 more in repairs and I never got an offer that high again! I finally sold it for $145,000 but I had spent $45,000 (About 20 would have been spent anyway but If I had sold the house for $140,000 and only spent $20,000 that would have equaled me getting $165,000 without the trouble! learn from that!
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TurboBlew


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BUSY DOING THE SCHIAVO
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posted February 28, 2005 04:54 PM        
Vince..... you should have called me. No way in hell it can be assessed at $219 on the tax record and only sell for $165. That in itself would make you eligible for a refund.. since you were (or your mom was) overpaying. did you have someone you know and trust check the millage rates??

I would SUE everyone in site.

You got screwed.... to put it bluntly. Did you pull comparables? What were other properties assessed at?

I would have sold the house "as is"... Thats the kookiest scenario I have ever heard of.


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TurboBlew


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BUSY DOING THE SCHIAVO
Posts: 4590
posted February 28, 2005 04:55 PM        
Or I could have put you in touch with a money man that would get your properties refi'd...

then walk away on a default with cash in your pocket!!!.
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VincentHill


Needs a life
Posts: 6520
posted February 28, 2005 05:43 PM        
TB!! Everything is OK! They raised the assessment from 190 to 219 to 248 and I files an Appeal and got it reduced to 197. To get it reduced any more by the board would have called in the School Board (Read it has nothing to do with Resale Value just the amount of money the School System needs or otherwise what does the board have to do with what price a house sells for????)

The house was built in 1962 and "NOTHING" Was done by my Mom to upgrade it. She refused AirCondition! She never up graded the Windows, SHe had "FUSE BOX" Electrics. The Plumbing is Copper but the drains were Brass and Copper with Zinc Coated Steel straps. I had to replace all of that and the Brick ledge has pulled out which I had to have pulled down and redone! SO the deal is, Taxes are out of sight and everyone is screwed! There was NOTHING Owed on the Property and my Brother ended up with $50,000 and had to spend Zero I ended up with $80 and spent over Half to get to that point. No one wanted to buy the house without AC, Modern Kitchen and Bathrooms and that was all there was to it! Finally someone liked the way the house was laid out and the 1 acre wooded Lot with 2.5 car Garage! Not to mention that I was WORE OUT!!! Now I can deal with my Law Suit and relax while working on my bike and thinking about Going REAL Fast! Thanks for carring TB, You the Man!
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Made History @ Daytona and still one fast old man!!

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princesskiwi


Administrator
MISTRESS of SMACK
Posts: 7688
posted March 01, 2005 01:58 AM        
Did you at least take all the metal from the pipes to the scrapper and get some cash?

Sorry you got raked over the coals.
I am glad your almost through your real estate dealings.
Good luck.

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ozzy


Needs a job
need guberment cheese
Posts: 3172
posted March 01, 2005 05:17 AM        
"The Plumbing is Copper but the drains were Brass and Copper with Zinc Coated Steel straps"

Can anyone say electrolysis?

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VincentHill


Needs a life
Posts: 6520
posted March 01, 2005 07:59 AM        
quote:
"The Plumbing is Copper but the drains were Brass and Copper with Zinc Coated Steel straps"

Can anyone say electrolysis?


I said "Battery" when the condensation took place and ate holes in the pipes where the straps hung them! People know better now! (I hope)

Thanks Princes! This all came under my Dad's statement, "Experience is ALWAYS something you get IMMEDIATELY AFTER you need it!" I have just had a PHD Course. The good news (if you can call it that) is that there is no one else in my family that can die and put me into that position again (But there is with Peggy!) If I saved anyone from being as stupid as I was, then I did some good. (Anyone with parents alive is going to go through something like this sooner or later)
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Made History @ Daytona and still one fast old man!!

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