With me so far?
After you buy the house, you realize the problems are worse then you thought and you really only should have paid 300,000:
- Should I "step up" and give you $200,000 back
- Should I say that I gave you permission to do all the due diligence that you wanted, I never lied about anything and negotiated fairly and owe you nothing. Buyer beware!!
- Should you ask the government for help to bail out your mistake for over-paying for my house
Before you answer read what some of our local delegation think, click here
2 comments:
I think Bill should pay Jahn the original $700 value of the house (not only the $500 Jahn paid), have the gubmint do the clean-up, and let Jahn keep the $700 as investment income, and pay income taxes on the rental income (section 8, of course, paid by the gubmint)
Or am I being obtuse?
I didnt read the link, but I assume this is the the olf T&G building
City did the same thing although for different alleged reasons with the old Palsons property when the buyer of the place under estimated his re-hab costs and then came begging for a TIF, a Dif, or what the heck it was that basically handed a pant load of Worc taxpayer $$$$$$$ in the form of reduced RE taxes.
Steve, I think Bill should not only gimme back all my dineros but also be hit with treble damamges plus attorney costs plus punitive damamges plus court costs. Color me litigious :)
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