Risky Business....? - 07/18/11 03:55 PM
I've enjoyed the thoughts Lenn has shared recently on risk taking.
We Americans love the notion of risk...of gambling the last dollar on a roll of the dice and coming up billionaires. We love that. It's romantic. The stuff of fantasy. Texas has some mighty fine legends of such ventures...wildcatters, cattle barons, and pioneers...
Reality is that most overnight successes study, think, work, and plan for years...then they launch, expand, or implement their ideas.
It's also how we define risk. For me, rappelling down a cliff is a darned adventurous risk taking event. One I do only under the guidance of someone … (1 comments)

Adverse Possession - 07/15/11 12:43 PM
Saw this on the local news last night. Thought it was interesting.
http://www.wfaa.com/home/Texas-Law-Lets-Stranger-Move-Into-330000-Home-125528248.html
A colleague of mine has had this happen to a client. The home owner moved out of state and leased the house to a tenant. The home went into foreclosure and the tenant filed adverse possession paperwork at the courthouse. The home owner can't afford to bring his mortgage up to date. The bank doesn't want to launch an expensive legal attack.
Very strange situation.
What do you think?
… (0 comments)

 
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Deb McNeill Fort Worth Real Estate

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