06-12-2007, 02:26 PM
Thanks KathyH for the update on why the neighbor's house has not sold for a year. It seems too new of a house to have dry rot, but I think it was built as a spec house originally so perhaps they didn't do as nice of a job as they would have if they would have planned on living in it themselves.
There was a family tragedy? I thought the one with the family tragedy was the family before this one. As far as I know this family moved back to the mainland because he never found a job to match the one he used to have on the mainland. Their tragedy is having to pay two mortgages until this one sells as far as I know, but I probably don't know all the details since I wasn't paying attention.
That veneer mill / power plant is being curiouser and curiouser. For a fellow claiming to be building an industrial site he doesn't seem to be asking for very many building permits. He didn't get a mortgage to buy the property either but is making payments to the previous owner and the number he claims he paid doesn't match the property tax website at all. Very strange. Doesn't seem like he has much financial backing at all, but I'm just guessing. It seems to me that there is some sort of smoke and mirrors going on, but I'm not sure what. Still, I wouldn't want to buy a house in this neighborhood with that sort of possible construction, either.
There is a foreclosure coming up in the next camp down. It is much more of a fixer upper and doesn't have anywhere near as nice a view, but the price should be a lot cheaper. It will still have the same possible veneer mill issues, though. And even if this fellow defaults on the veneer mill, the property is still zoned industrial so there will be some other yahoo causing trouble eventually unless we can get it rezoned after this fellow goes away. Maybe it will be easier to get these sorts of things fixed when property values aren't skyrocketing.
There was a family tragedy? I thought the one with the family tragedy was the family before this one. As far as I know this family moved back to the mainland because he never found a job to match the one he used to have on the mainland. Their tragedy is having to pay two mortgages until this one sells as far as I know, but I probably don't know all the details since I wasn't paying attention.
That veneer mill / power plant is being curiouser and curiouser. For a fellow claiming to be building an industrial site he doesn't seem to be asking for very many building permits. He didn't get a mortgage to buy the property either but is making payments to the previous owner and the number he claims he paid doesn't match the property tax website at all. Very strange. Doesn't seem like he has much financial backing at all, but I'm just guessing. It seems to me that there is some sort of smoke and mirrors going on, but I'm not sure what. Still, I wouldn't want to buy a house in this neighborhood with that sort of possible construction, either.
There is a foreclosure coming up in the next camp down. It is much more of a fixer upper and doesn't have anywhere near as nice a view, but the price should be a lot cheaper. It will still have the same possible veneer mill issues, though. And even if this fellow defaults on the veneer mill, the property is still zoned industrial so there will be some other yahoo causing trouble eventually unless we can get it rezoned after this fellow goes away. Maybe it will be easier to get these sorts of things fixed when property values aren't skyrocketing.
Kurt Wilson