Southwest Missouri

[REIaddicted]

Hello to everyone from Southwest Missouri. I live near Branson so if you are heading this way.........

I would love to talk REI with others in my neck of the woods.

Lisa

[Dan Auito]

Your pretty much guaranteed to get some traffic your way Lisa, your smack dab in the middle of the country and you have good entertainment venues as well! Thanks for answering up here in the new section! :praise:

[investinAK]

Hey Lisa, what is the going rate for developable land around Branson? I found a huge chunk of land, for what seems like a good price, and they said it was on the outskirts of Branson...I know nothing of the area though....

(7 miles north of Branson at junction of I-160 and I-248)

Selling for approx. $1700/acre

Do you know what developers are paying around there? Or are they?

[REIaddicted]

I couldn't tell ya if the land is usable or not.. As some parts need tons of fill in them.
depends on the area as there is blasting going on and some narsty factories.

Developers would have already bought the land as there is a major development in branson about 1/2 way done. Any land worth it's while in Branson goes for 15 to 20 G an acre.

Lisa

[CharleyB]

Lisa;
I've spent a little time in your area. I played basketball in college (South Dakota State University) and we played Southwest Missoury State for the regional title in 1973. We lost however.
Also, a great uncle of mine had a place on Lake of the Ozarks years ago.
All the Best,
CharleyB
www.rockyfordinternational.net

[neodemes]

Hi Folks!

Anyone have a set of forms required for subject 2 deals in Missouri?

Thanks in advance!

:SM075:

[Dan Auito]

Private message or better yet e mail John Michael here on the site. That is his backyard and you can bet he does! I would call him in as a partner/facilitator on this deal since he is sooooo close!

[juliea417]

Hey REI - I'm from the Springfield area as well. I'm looking to learn anything I can about REI - including birddogging. Any advise?

[neodemes]

Hey REI - I'm from the Springfield area as well. I'm looking to learn anything I can about REI - including birddogging. Any advise?

Hi Juliea. I don't know if REIaddicted still has her ears on, but welcome to MB!

:SM005:

[juliea417]

:SM031: Thanks!! I noticed after I posted it said banned - hmmm. Anyway, thanks for the welcome!

[Debbie]

Hi Juliea. I don't know if REIaddicted still has her ears on, but welcome to MB!

:SM005:

:SM031: Thanks!! I noticed after I posted it said banned - hmmm. Anyway, thanks for the welcome!

REIaddited is banned due to illegal RE activities. This includes her husband "John-Michael" as well.

Julie---welcome to the Magic Bullets Fambly!

[neodemes]

REIaddited is banned due to illegal RE activities. This includes her husband "John-Michael" as well.

Julie---welcome to the Magic Bullets Fambly!

:SM006:

Is this common knowledge? How did I miss that? Is this alleged illegal activity documented? Were there convictions involved?

John-Michael was one of your most prolific contributors. :SM113:

[Bernie (WV)]

John Michael has been a bad boy. Here is just one link to a case that the SEC had against John Michael:

link removed

and another link to a website:

link removed

These links are from posts that other MB fambly members made available on MB.

There is a thread located on this site in the "industry News" section where links are available on this topic. Sorry for the edit Bernie but we are going to contain all of this type of information tot hat one thread. If you wish to post a link to the thread you may do that.

[neodemes]

If you run into this man…stay away. He is very charismatic and likeable. This website is doing a community service by sending out this warning!!

Wow. So much for the "King of Bling". :pa:

[haynesm]

I live about 40 miles west of Srpingfield MO. Would be interested in visiting with anyone who is interested in REI, more particulary Delinquent Tax Sales. I know the tax sales for this year 2007 are a thing of the past but its never to early to start for nex year and to hash over what we might have done better. Have spoken with a couple of other people about getting together for dinner some place and having a round table discussion. Anyone interested.

[neodemes]

How long does the party whose property was bought at auction in MO have to buy it back and what are the rules of the game?

[Debbie]

I live about 40 miles west of Srpingfield MO. Would be interested in visiting with anyone who is interested in REI, more particulary Delinquent Tax Sales. I know the tax sales for this year 2007 are a thing of the past but its never to early to start for nex year and to hash over what we might have done better. Have spoken with a couple of other people about getting together for dinner some place and having a round table discussion. Anyone interested.

Welcome to Magic Bullets Fambly.

Since this thread is old and your post is off topic, it'll be better that you start a new thread. Plus, you'll get more attention with new thread.

[neodemes]

On the other hand, he did get two (now three) replies within 10 minutes!

Just an observation...

:)

[haynesm]

Thanks for the info. Now all i need to do is learn how. I thought when i was playing baseball a curve was bad but this learning curve has me striking out everytime. :)

[neodemes]

Click here http://www.magicbullets.com/forum/forumdisplay.php?f=66 and choose New Thread

[haynesm]

How long does the party whose property was bought at auction in MO have to buy it back and what are the rules of the game?

I did reply but can't find out if it went out over the air waves or not so posting again.

Let me see if I can answer that in an understandable way. I sometimes have trouble with words.
Here in MO the original property owner has one year to redeem (buy back) property. However there are a couple of snafu's to this.

First, the person purchasing the property at the tax sale must notify the original owner or anyone else who has interest in the property of their possible loss of property. Purchaser must do this at least 90 days before he is entitled to receive the tax sale deed. So for example - if the property was purchased in Aug of 2006 then NORMALLY the purchaser could receive his deed in August of 2007. Provided he had completed all paperwork in a timely manner.

If the Purchaser failed to notify the original owners in a timely manner then the process could go on for up to another year. At the end of the second year the property reverts back to the original owner if the purchaser has not done his paperwork. Reading into this a little deeper you can see if the purchaser bought the tax certificate in august of 2006, did his paperwork in may of 07 the in august of 07 he could get the property provided it wasn't redeemed. If the purchaser did not do his paperwork until Sept or Dec of 07 or whenever then the original owner would have 90 days after the purchaser sent notice. Regardless it must be completed before 2 years have gone by.

Hope this is clearer than mud. It sounds complicated but really it isn't once you have studied it.

Additional questions let me know.

Part 2 to follow

[haynesm]

How long does the party whose property was bought at auction in MO have to buy it back and what are the rules of the game?

Another part of the equation is if the sale has been offered before or not. Property is offered for sale after the original owner has been delinquent for normally 3 years on their property taxes.

The first two years the property is offered for sale follows what I said in part one - original owner has one year to redeem.

However if the property had been offered for sale two previous years prior and no one purchased it then this years sale would be considered a 3 offering. At a third offering the purchaser can receive the property in 90 days after the sale if he does his paper work. Paper includes title search and this takes title company's a few days so in reality purchases could receive tax deed in about 95 to 100 days after the tax sale.

I see all them little guys waveing their hands and all that but where is the spell check on this thing???