Posted by ScottE on February 09, 2000 at 23:21:39:
In your original post you stated “I the buyer got a check back at settlement for $20,000”. Then, in your last post you said “I overpaid for the property” and added “I bought it for non-economic reasons and will not make any money on the property”. Do you mean you won’t make any money BEYOND the $20,000 you got at closing? Where did this $20k come from?
Sadly, it appears that you completely missed the gist of my posts. Apparently you haven’t had the ugly pleasure of going to court and thinking you had a slam dunk winner of a case only to get DRILLED by the black robe-wearing, gavel-wielding character on the bench. If you have not experienced such a good time, I can assure you that few other things cause a more rapid and bitter frustration.
It was my original intention, and continues to be my intention to call attention to what looked like a red flag based on the information in your original post.