For this, I apologize. I cannot find the link. It was on the Greg Knapp show, KLIF 570 AM on Wednesday June 22nd, 4 - 7pm.txinvestigator wrote:DO you have a link to that info? The last I heard was they WERE being paid FMV?????rickb308 wrote:You think so? Ask the people losing their homes to the new Dallas Cowboys stadium. They are not even paying appraised values.txinvestigator wrote:First of all, they PAY you fair market value for yout home. But the bottom line is if they go through the legal motions you WILL move out.
Been in the news.
Appraised = what I am taxed at = fair market value.
Me asking 10 15,000 more? May be fair, may not be. But appraised, taxable value IS fair market value.
Now, in light of the US Stupid court, they DON'T have to even offer "fair" market value. The can get the city council to claim emminent domain.
Investment tip: Buy hemp rope.
Because when it comes time to start hanging the SOB's, it'll be in short
supply.
However, I have found some more ominous eminent domain issues. 2 separate issues:
Owners Fighting Eminent Domain Freeport, Texas
http://www.freerepublic.com/focus/f-news/1182799/posts
Once complete, the land could have 550 home sites along manmade lakes, several parks and an encircling hike and bike trail.
Most of the owners have been willing to sell, Shaw said. But the city is involved in eminent domain proceedings to get 94 of the 700 remaining lots, Phillips said.
Freeport resident Jeanne McKenzie is one such owner who is not ready to give up her undeveloped tract along Skinner Street. It is willed to her and her sister from her mother, who is living in a nursing home. The offer for it was $100, she said.
$100.00 for a plot of land in the middle of Freeport? I'll take 6 plots this minute.
“I’m not going to sell my property, my inheritance, at this time,� McKenzie said. “It’s ridiculous and an insult. It’s been in my family ever since I can remember.�
http://www.chron.com/cs/CDA/ssistory.mp ... an/3239024
FREEPORT - With Thursday's Supreme Court decision, Freeport officials instructed attorneys to begin preparing legal documents to seize three pieces of waterfront property along the Old Brazos River from two seafood companies for construction of an $8 million private boat marina.
Seize. That's the same word they use when talking about drug dealers' property and cars belonging to johns. Why would they need to instruct lawyers to prepare document to seize, if they were buying at "fair market value"?