Posted by GL on December 14, 1999 at 07:03:01:
Based on your statement that a competent attorney said pay up or walk, here are some thoughts.
What would happen if you adopted a delaying strategy? Wait the maximum time before replying to the other party’s letters (30 days?). Reply with a question that requires clarification.When they reply ask another question, or ask for more documentation. Make them prove every little thing. Accept nothing. agree to nothing. When that avenue runs out start negotiating. make one sided offers. Quibble about everything.Keep changing your mind. Keep stalling every way possible.See how long you can drag the whole affair out. In the case of a government agency it could be years.
Stop paying taxes and mortgage payments etc. Keep collecting rent or keep living there. Milk it for all it is worth.
Put some more clouds on the title. Leins, easements, loans, mortgages. Whatever you can think of. Ones you have the power to remove.
After a year or more when all delays are used up let them foreclose.
Buy it back at the foreclosure sale.
One more thought before you do this. What they are doing sounds arbitrary and unfair. This is where publicity can make them back off. Also if it is a government organization talk to your elected representative, and see what they can do for you.