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Name:
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John C
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Subject:
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Big shocker..
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Date:
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1/30/2008 1:19:25 AM
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Big shocker that I agree w Feb that a GOOD realtor does a body good. A lazy realtor, .... well.......
For all those who are "surprised that (property) can be developed in this manner" - that former RL and APCo land can be developed into multi-family or some density that is more dense than SFH (single family home):
I also agree - I am constantly surpised myself. But remember these small exceptions to Lake Martin property rules:
1. Yes, almost every inch of WF was owned or is owned by RL or APCo, so they are subject to their deed restrictions. Key word here is almost. Beleive it or not, there are some WF spots that never affected by the big boys. I don't know that this is the case w Bolton Cove and Eagles Pt., but... 2. Even if a piece of prop was owned by 1 of the 2, it still comes down to one major thing: the deed restrictions on the particular deed in question. Hypothetically speaking, APCo could sell 30 lots and intend to restrict them all to SFH through a single recorded doc. But if, way back in 1970, they somehow messed up and did not record the restriction on, eg, lot 30, then lot 30 is not subject to them, no matter that the other 29 are and lot 30 is right next to them. 3. Even though the three Lake Martin counties have come a long way technologically, they are not too far removed from their rural courthouse beginnings. Just because you see something on an online map website don't make it necessarily so. I implore all: "get thee a title search."
This is why it is CRITICAL that when buying real estate, you should seek out a great realtor, a great lawyer, and a great title agent.
Can you buy and sell real estate without them? Sure, it happens all the time. It's a free country.
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