Fun Facts and Inspiration for April 30, 2012
Inspiration . . .
“You are today where your thoughts have brought you. You will be tomorrow where your thoughts take you.” James Allen
Did you know. . .
If you counted 24 hours a day, it would take you 31,688 years to reach one trillion?
20% of the world’s population (1.1 billion people) lives on less than one U.S. dollar a day?
There is enough fuel in a full tank of a jumbo jet to drive an average car around the world four times?
The flashing warning light on the top of the Capitol Records building in Hollywood spells out “Hollywood” in Morse code.
Relatively speaking, compared to its size, your tongue is the strongest muscle in your body?
In real estate, there are only two ways in which a government entity can acquire land. They are eminent domain and escheat.
In eminent domain the government has the right to acquire privately owned land which it wants to put to public use, such as a new road. The government cannot just seize the land; it must pay the owner the fair market value. A property owner may contest the amount of money offered, but cannot sue to stop the process.
The other way in which government can acquire property is if a property owner dies without a will and without any family or heirs. The land then reverts to the government which can dispose of the land as it sees fit.
If you need help sorting between fact and fiction in real estate give me a call.
As always, if I can help you with any of your real estate needs, please don’t hesitate to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com