I purchased vacant land (more than a half-acre) a little away from the city in a country living-style neighborhood. At the time of purchase, the lot was overgrown and mostly couldn't be accessed except in one corner where a pumping station existed. I did not obtain a survey; I just looked at the county records/maps and purchased the land.Read More »
My dad used to say, "The reason so many members of Congress and so many bankers are alive today is because it's illegal to shoot them." If you are depositing a check from the Bank of Iran, the Bank of Nigeria or the Bank of North Korea, I can understand "11 business days to clear." But you deposit a check from Monkey's Eyebrow, Ky. or Cuba, Kan. any morning of any day (except Saturday or Sunday), and it clears electronically at 2 p.m. that same day. If your bankster tells you differently, he/she is bloody dissembler.
Tagged with: Bank of AmericaRead More »
I recall that in 1997, the pudding-heads at the Federal Trade Commission put the kibosh on a proposed merger of Office Depot (ODP-$3.95) and Staples (SPLS-$13.25) because it feared the power of these two big-box stores. ODP and OfficeMax (OMX-$11.69) is a merger of two weak companies with a decade of declining revenues, cash flows, book values, earnings and share prices.
Tagged with: mergerRead More »
What would the legal consequences be for heirs of an estate if the owner of a time share in his will specifically left word for the executor to pass the time-share deed back to the property association or company that owns the time-share complex?Read More »
About five months ago, you wrote a coin column and told about some of the coins you own and how some of the collectible coins have gone up in price.Read More »
The hottest seasons for vacation home sales are spring and summer. You may now be planning such a purchase, but be aware of the challenge you may face when shopping for a mortgage loan. Many vacation-home buyers are finding tougher underwriting requirements and other obstacles when seeking a financing loan, tougher than loans to finance primary-residence homes.
Tagged with: mortgageRead More »