Tweetthis is just my opinion but if someone does not want to sell their land I think that they have that right to not sell. No one should be forced into selling anything that they dont want. If people want to be greedy then as americans I think they have a right, the only thing they are standing in the way of is large businesses making even more money. Even if the people are given market value with the way property is going in a few years it could double.

I know of an old guy that was in his 80's and he lived in a small house and they were putting up million dollar houses around him well the neighbors did not like his house and they tried to condemn his house and kick him off of his land. Where would he have gone if they had been successful in their quest, he could not afford a million dollar house and he was located with in walking distance to everything that he needed b/c he no longer could drive. Would you kick him out just to bring up property values??

well that is my 2 cents!

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Originally Posted by Equalizer

yes im yelling at you.

Lol, EQ! this is a forum for discussing not yelling. Anyways, if iam not mistaken the government has to pay fair market for what property/homes are going for by the SEV. Could it be that these ppl are disgrunteled now because they did not accept the offer the developer wanted to give and now they have to sell for a lower amount. Even if the developer offered a lower amount than the fair market value it is not illegal. I believe, yes in some cases it is wrong to take an owner's home/property from them, but i would have to see the paticulars of this case. Alot of times the media puts out stories without all the evidence and speculates on a bias opinion. All im saying is that this kind of thing has been going on for years. We have rights, but ultimately the government controls us.

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Originally Posted by mick-G

Lol, EQ! this is a forum for discussing not yelling. Anyways, if iam not mistaken the government has to pay fair market for what property/homes are going for by the SEV. Could it be that these ppl are disgrunteled now because they did not accept the offer the developer wanted to give and now they have to sell for a lower amount. Even if the developer offered a lower amount than the fair market value it is not illegal. I believe, yes in some cases it is wrong to take an owner's home/property from them, but i would have to see the paticulars of this case. Alot of times the media puts out stories without all the evidence and speculates on a bias opinion. All im saying is that this kind of thing has been going on for years. We have rights, but ultimately the government controls us.

I know i just didnt mean to leave the caps on. Ive heard of plenty of people being forced to sell for utility or some kind of interstate/highway project or a public service in general but its bullshit when they force you off for a private business just for tax money unless it was something like major that would have a very influentual effect on the local economy but for something like this, thats bullshit and I dont see how its legal. I actually wasnt aware it went on that much, man thats really shitty. What you say about them being mad about not getting fair value maybe true or may not im not sure if they are just mad they didnt take the offer and got stock with maybe the actual value or if they are really getting low balled, not sure.

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Originally Posted by Merc

this is just my opinion but if someone does not want to sell their land I think that they have that right to not sell. No one should be forced into selling anything that they dont want. If people want to be greedy then as americans I think they have a right, the only thing they are standing in the way of is large businesses making even more money. Even if the people are given market value with the way property is going in a few years it could double.

I know of an old guy that was in his 80's and he lived in a small house and they were putting up million dollar houses around him well the neighbors did not like his house and they tried to condemn his house and kick him off of his land. Where would he have gone if they had been successful in their quest, he could not afford a million dollar house and he was located with in walking distance to everything that he needed b/c he no longer could drive. Would you kick him out just to bring up property values??

well that is my 2 cents!

Thats bullshit, people shouldnt be able to live with themselves if they do shit like that. I only agree with it if it benefits the local economy greatly and/or is a public service building or interstate/highway project.

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Originally Posted by mick-G

That is the sad part though, i agree. No one can replace memories. Usually a developer or investment company will pay way over market value, so it is wise to take them up on it, because later if the government steps in you will get far less, and that would be even more dissapointing. On a happier note, these things usually are not typical of the normal homeowner. Usually it happens when you are next to a major thurafare, or right next to commercial businness developement. Of course cities can always re-zone, but it is highly unlikely if you are in the middle of a residential area.

Exactly, a smart buyer who lives anywhere near commercial zoned land or a major highway or interstate needs to go down to planning and zoning to see if there are any future zoning changes being considered. These things take years and years from thought to manasfestation. If it's been considered you can find out.

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Originally Posted by solidground

this isnt about progression..the government does not have to build a road, bridge etc all the developer has to do is build a building that has more property tax -then the previous owner has no property rights.

Here's the way it MUST work and this is a Federal Law:
Before any property can be built it must go through a Highest and Best use study which can only be performed by Licensed Appraisers. Which I am. The Highest and Best of a subject property must meet four criteria: it must be physicaly possible, financially feasible, legally permissable, and maximally productive.

If a property is zoned residential then it is not legally permissable to build a commercial enterprise. If building code states that condos must be a minimum of 500 yards from the water and your residential property is only 300 yards from the water it is not physically possible to build condos on that lot. Are you starting to see the picture?

Now, if your property is near a shopping center and the zoning has been changed from R1 (single family residential) to C5 (small comercial with granfathered residential) then you are subject to condemnation.

Furthermore, many residential neighborhoods generate waaaaaaaay more taxes than a commercial shopping center. This is due to the total value of 500k homes along one street are worth more than a shopping center with a hug parking lot. There has to be something to tax and a parking lot does not contribute to taxable value.

Now, if a 20 story office building is going to be built then I can assure you that you residential home is safe because there are hundreds of hoops that must be jumped through not to mention every city in this county has a vote on any major construction project.

I know my job and I know how Real Estate works. The only people who are affected by this are those whose homes are in jeopardy of zoning changes. And zoning changes require a lot of planning because it effects everything. The ingress and egress of the property, the easements, the utilites, etc....

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Originally Posted by mick-G

This is what i read above. Is this not an isolated case? Are these homes or establishments at or near commercial sites? This has been happening for along time when the government interveins. Its not something new. One could also question taxes period. Why do homeowners have to pay property taxes if they already own their homes, lol? Please define for me simple ownership. Yes we are a "free" country, but we are controled by our government. This too is nothing new.

Exactly, these properties were probably converted to commercial a long time ago and the residences were gradfathered in. It's called legal non-conforming. And the government has always had the right to take your property if it doesn't meet the Highest and Best use.

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Originally Posted by T-Man007

Exactly, a smart buyer who lives anywhere near commercial zoned land or a major highway or interstate needs to go down to planning and zoning to see if there are any future zoning changes being considered. These things take years and years from thought to manasfestation. If it's been considered you can find out.

That's a good point... they've been talking about this painter blvd 840 loop in greensboro for the last 10 years and it will be another 10 before they finish just the first part of it.

TweetId bet money these ppl wanted top dollar for their properties and when they didn't get what they wanted they became disgruntled when the gov took over. In some situations, i know it can be a hardship, but T-Man is right in saying go to the city planner and checkout out the zoning on the property before purchasing. In my area there is a major street that is now commercial office and is lined with homes that were sold and now renovated into businesses. There is only one residence left and it sits between two business, lol!