Some good legal news...laugh with me by Bo Kociuba, Yukon Realtor, www.Okla-OK.com

By
Real Estate Agent with Berkshire Hathaway HomeServices Anderson Properties

 

                                                            Good legal news by Bo Kociuba, Yukon Realtor, www.Okla-OK.comPart of rebuilding New Orleans caused residents often to be challenged with the task of tracing home titles back potentially hundreds of years.  

With a community rich with history stretching back over two centuries, houses have been passed along through generations of family, sometimes making it quite difficult to establish ownership.

Here's a great letter an attorney wrote to the FHA  on behalf of a client: 

You gotta love this lawyer ........

 A New Orleans lawyer sought an FHA loan for a client. He was told the loan would be granted if he could prove satisfactory title to a parcel of property being offered as collateral.
The title to the property dated back to 1803, which took the lawyer three months to track down.  After sending the information to the FHA, he received the following reply.  

(Actual letter):

"Upon review of your letter adjoining your client's loan application, we note that the request is supported by an Abstract of Title. While we compliment the able manner in which you have prepared and presented the application, we must point out that you have only cleared title to the proposed collateral property back to 1803.
Before final approval can be accorded, it will be necessary to clear the title back to its origin."

Annoyed, the lawyer responded as follows:       

(actual letter):

"Your letter regarding title in Case No. 189156 has been received. I note that you wish to have title extended further than the 194 years covered by the present application. I was unaware that any educated person in this country, particularly those working in the property area, would not know that Louisiana was purchased, by the U.S. , from France in 1803, the year of origin identified in our application.

For the edification of uninformed FHA bureaucrats, the title to the land prior to U.S.. ownership was obtained from France , which had acquired it by Right of Conquest from Spain . The land came into the possession of Spain by Right of Discovery made in the year 1492 by a sea captain named Christopher Columbus, who had been granted the privilege of seeking a new route to India by the Spanish monarch, Isabella. The good queen, Isabella, being a pious woman and almost as careful about titles as the FHA, took the precaution of securing the blessing of the Pope before she sold her jewels to finance Columbus ' expedition.

 Now the Pope, as I'm sure you may know, is the emissary of Jesus Christ, the Son of God, and God, it is commonly accepted, created this world.. Therefore, I believe it is safe to presume that God also made that part of the world called Louisiana ... God, therefore, would be the owner of origin and His origins date back, to before the beginning of time, the world as we know it AND the FHA. I hope you find God's original claim to be satisfactory.

Now, may we have our damn loan?"

The loan was approved

 

With smiles,

Bo in Yukon

 

Posted by

About the Author:

The above information was provided by Bo Kociuba a long time resident of Canadian County, Ok. As Broker’s Associate Bo helps people sell & buy homes in OKC Metro. She works together with her partner, Buster Elliott. They Live & Love OKC! .Bo and Buster are multi-million producers with over 50 years combined real estate experience. 

Bo loves photography and is an avid supporter of shooting sports. 

Bo@BestOklahomaHomes.com |405-812-1572.

We serve OKC Metro Areas: Yukon, Mustang, Bethany, Piedmont, Tuttle, Blanchard, Edmond, Oklahoma City and Moore.

We specialize in Residential & Commercial Real Estate, Ranches & Recreational Land.

Join our newsletter: Live&LoveOKC!

 

 

 

  

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Oklahoma Canadian County
Groups:
The Lounge at Active Rain
Almost Anything Goes
POSITIVE ATTITUDE for the Weary Soul
Oklahoma Real Estate
The Optimist
Tags:
humor
yukon realtor

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,052,646
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH

Bo...The Title research has to go back to 1620 in Plymouth Massachusetts, gut to be sure the Pilgrims don't still have a claim.

Jun 26, 2009 07:42 AM #1
Rainmaker
544,684
Shirley Parks
Sands Realty 210-414-0966 - San Antonio, TX
Broker, 210-414-0966, San Antonio TX Real Estate

haha That's very funny, Bo.  Dealing with government agencies can be frustrating... you gotta laugh to keep from crying.

Jun 26, 2009 09:22 AM #2
Rainmaker
419,134
Bo Kociuba
Berkshire Hathaway HomeServices Anderson Properties - Mustang, OK
Realtor - Mustang, Yukon & OKC Metro 405-812-1572

Steve - LOL ...

Shirley - I had a great laugh myself....and being an Optimist I thought that I would share it with others...

With smiles,

Bo in Yukon

 

Jun 26, 2009 10:21 AM #3
Ambassador
1,656,671
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

If God is responsible for paper abstracts, then I have a beef with him/her. Very funny letter.

Jun 27, 2009 12:50 AM #4
Rainmaker
419,134
Bo Kociuba
Berkshire Hathaway HomeServices Anderson Properties - Mustang, OK
Realtor - Mustang, Yukon & OKC Metro 405-812-1572

Joe - glad you had a few laughs...

with smiles,

Bo in Yukon

Jun 28, 2009 10:39 AM #5
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
419,134

Bo Kociuba

Realtor - Mustang, Yukon & OKC Metro 405-812-1572
Contact Us Today ...
*
*
*
*
Spam prevention

Additional Information