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re: Coral Gables man who refuses to give up property hit with code violations
Posted on 3/2/24 at 12:36 pm to SoFla Tideroller
Posted on 3/2/24 at 12:36 pm to SoFla Tideroller
While I hate eminent domain for commercial reasons , don’t you usually get offered like 2X the value?
Shoot , if somebody wanted to offer me what twice my home value is today , I gladly have the moving van there this afternoon
Shoot , if somebody wanted to offer me what twice my home value is today , I gladly have the moving van there this afternoon
Posted on 3/2/24 at 1:09 pm to evil cockroach
quote:
While I hate eminent domain for commercial reasons , don’t you usually get offered like 2X the value?
no, hell no, its not even close
THEY, not you, decide what its worth and that is all you get for it. in most cases, if you are lucky, you maybe get 60% of what its real market value is
Posted on 3/2/24 at 10:24 pm to evil cockroach
quote:
Shoot , if somebody wanted to offer me what twice my home value is today , I gladly have the moving van there this afternoon
![](https://media.tenor.com/ZfsBAF4sn04AAAAM/not-how-it-works-confused.gif)
Posted on 3/3/24 at 9:32 am to evil cockroach
But chances are he couldn’t replace his home 2x value where he is. You know how the market is today. He should be made whole and provided a place of his choosing at fair value bc no doubt that property is worth a lot.
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