Friday, May 15, 2009

5/15/09

And so the battle continues...

Background, in 1990 we bought 45 acres to build a house on. The bank wouldn't finance a house on more than 10 acres, so we went to the assessor's office and had 7+ acres partitioned off into a separate parcel for the house.

I received a letter from the assessor's office yesterday and called them this a.m. to find out what it meant. Seems that it's illegal to partition off a parcel for mortgage purposes. What the heck!?! This is the assessor's office, they're the ones who did it, and have been sending me tax statements for the two separate parcels for the last 20 years, and they didn't know it was illegal?!?

So what this is going to do to the refinancing, I'm not sure. At 9:00, I'll call the bank and find out (and hopefully I'll get an answer yet today).

Maybe people who bungee jump do it because they're so overwhelmed with everyday life.

1 comment:

angelinabeadalina said...

What the heck?? Why wouldn't the bank finance all of it together? Weird, but then I never do understand half of what banks and corporations say they "have" to do. I guess no one in the assessor's office mentioned how silly this is, huh?

Post a Comment