Lake Martin Topics: Hodja....nail on the head....

Lake Martin Topics

(Lake Martin Specific)

111,143 messages

Updated 4/25/2024 7:30:23 PM

Off-Topic

Lakes Online Forum

83,605 messages

Updated 4/25/2024 9:33:24 PM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Lake Martin Fishing

(Lake Martin Specific)

4,169 messages

Updated 4/16/2024 3:16:57 AM

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,260 messages

Updated 3/24/2024 9:24:45 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Lake Martin SCUBA

(Lake Martin Specific)

169 messages

Updated 5/31/2023 1:39:35 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	MrHodja -
	Subject:	Hodja....nail on the head....
	Date:	5/18/2012 8:28:24 AM (updated 5/18/2012 8:29:35 AM)

We bought about 16 years ago and the guy selling it claimed it was a deeded lot - turns out at that time it wasn't, that he just had the option to buy it and if we didn't exercise that option when we bought it would forever belong to Alabama Power (not Russell). It was a no-brainer decision.

Also the guy claimed there were no liens on the property. We had John Kelly Johnson (the APCO assigned attorney for such transfers) do a title search anyway and sure enough, there was a $25K loan sitting out there....the seller was not a happy camper when that little fact was revealed at closing and his "take" was reduced by that amount. Also found out from a neighbor that the seller had bought the rights to the property from his brother-in-law and had promised that it would never leave the family. The guy was a real piece of work....