For one of you ballers

[LATB]

Originally Posted by Torqaholic

Speaking of... Did you hear about the lady who had her house sold out from under her by an HOA for non-payment of the fee? She had lived there so long the house was paid off. Claims she never heard anything about an HOA until the new owner called to ask when she was moving out. Was reported she owed the HOA $1500 and they stole her house

Not sure about the reality of that story. It doesn’t usually work like that.

[Taurus]

Owned by the Bastian Family Trust aka Bruce Bastian the guy that founded and sold WordPerfect. Last I heard he was worth about $1.5 billion. Nice house but it's in Orem.

[Torqaholic]

Originally Posted by LATB

Not sure about the reality of that story. It doesn’t usually work like that.

No doubt.

[DAB]

i like our place.

[DAB]

i just cannot fathom having that much, much less trying to spend that much.

[dvarapala]

Originally Posted by Giraffe (He/Him)

Don't you wonder what someone does to afford a shack like that?

Sells his 800SF shack in California and moves to Podunk.

[LATB]

Originally Posted by DAB

i just cannot fathom having that much, much less trying to spend that much.

Our current house is 1700 sq ft. Hoping to keep the new one around 1900 sq ft.

[Taurus]

Originally Posted by DAB

i just cannot fathom having that much, much less trying to spend that much.

4,000 sq ft for just my me and my wife and two small dogs. Absolutely stupid on our part. We'll end up downsizing in a couple years when the last of the grandkids are older.

[Vandelay Industries]

Originally Posted by LATB

Still a great brokers commission either way.

[Duce] Spoken like a REALTURD® [/Duce]

[Onebadcad]

Nice home but not at $800 sqft, 30 yrs old, not enough acreage and only 10 garages.

I would consider but am not looking to downsize yet,,,

[Onebadcad]

Originally Posted by Giraffe (He/Him)

Don't you wonder what someone does to afford a shack like that?

Most are in finance or RE, and usually using a lot of 'other people' money to leverage greater or charge management fees.

I know a dood, runs hedge finds, note the 's', he is 5% load and up to 20% management, very few withdrawals in past 20 years.
He could live the next 500 years off his own wealth, but goes to work everyday, as enjoys winning for his investors.

His primary is not as big, but he has 100 acres, wiser, as easier to add or rebuild, not so easy to get your neighbors to leave.

[Rodnok1]

Originally Posted by LATB

Not sure about the reality of that story. It doesn’t usually work like that.

Happened in NC actually and regularly does. State laws here give them unbelievable power.
The lady was never served papers because of covid so she never signed anything. Figured it was junk mail and tossed the letters.
I have nothing against a lein for non payment of HOA dues but they're using it as a money grab and screwing people over.
State law needs to change here...

[Onebadcad]

Originally Posted by LATB

Not sure about the reality of that story. It doesn’t usually work like that.

I am with you, and the tape confirms that in order to take a home through the courts, the first item addressed by the judge is proof the owner was served, and was given sufficient time to respond.

If this indeed happened, a good attorney would get a cease order for against hoa so they could not sell, get the case back to judge who allowed, prove SHE WAS NOT SERVED.

The owner should be able to get her home back, AND THEN sue for damages due to hoa violated the law and her rights.

[snide]

Originally Posted by Taurus

Owned by the Bastian Family Trust aka Bruce Bastian the guy that founded and sold WordPerfect. Last I heard he was worth about $1.5 billion. Nice house but it's in Orem.

That's pretty much a deal breaker for me.

[LATB]

Originally Posted by Vandelay Industries

[Duce] Spoken like a REALTURD® [/Duce]

Hell yes. That property has likely a million dollar commission. Who wouldn’t want a piece of that?

[BRUIZER]

The lot location is the suck.
The Ariel view makes me want to vomit.
Hard pass for half the $$.