Comments on: Eminent Domain Reform Coming Up http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/ Your Austin Realtor Tue, 15 May 2012 20:35:33 +0000 hourly 1 http://wordpress.org/?v=3.3 By: John @Fort Myers and Cape Coral real estate http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/comment-page-1/#comment-1404 John @Fort Myers and Cape Coral real estate Mon, 21 Nov 2011 15:57:38 +0000 http://braxtonbeyer.com/?p=299#comment-1404 We had a lot of eminent domain problems in Florida in the early 2000's. As much as I love the real estate development aspect of it, I was not a big fan of people being forced from their homes. It's def. something I could do without if the situation comes up again, especially on the Gulf Coast where it was done just for developers to force people out and steal the land. We had a lot of eminent domain problems in Florida in the early 2000′s. As much as I love the real estate development aspect of it, I was not a big fan of people being forced from their homes. It’s def. something I could do without if the situation comes up again, especially on the Gulf Coast where it was done just for developers to force people out and steal the land.

]]> By: Mike - The Indianapolis Real Estate Guy http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/comment-page-1/#comment-1392 Mike - The Indianapolis Real Estate Guy Thu, 27 Oct 2011 17:56:29 +0000 http://braxtonbeyer.com/?p=299#comment-1392 I think it's great that something's being done. I don't think it should be so easy for the government to simply usurp private land on a whim. I think it’s great that something’s being done. I don’t think it should be so easy for the government to simply usurp private land on a whim.

]]> By: Paradise Valley Homes http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/comment-page-1/#comment-1380 Paradise Valley Homes Wed, 28 Sep 2011 11:14:20 +0000 http://braxtonbeyer.com/?p=299#comment-1380 Brainstorm a list of words that describe your work and portfolio. Include as many words as possible. Words about your emotions during the creative process are helpful. Include techniques, styles and themes. Setting up an email alias is one way of avoiding the hassle of having to many email in boxes to review. Thanks a lot. Brainstorm a list of words that describe your work and portfolio. Include as many words as possible. Words about your emotions during the creative process are helpful. Include techniques, styles and themes. Setting up an email alias is one way of avoiding the hassle of having to many email in boxes to review. Thanks a lot.

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]]> By: Jack@AustinLandlordInsurance http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/comment-page-1/#comment-1300 Jack@AustinLandlordInsurance Wed, 11 May 2011 16:14:55 +0000 http://braxtonbeyer.com/?p=299#comment-1300 Thank you for the heads up on this.. it is so important that citizens are aware of our representative's actions - so we can make our voices heard. Thanks again for the info... interesting read. Great insight, Hughes Group. Thanks! Thank you for the heads up on this.. it is so important that citizens are aware of our representative’s actions – so we can make our voices heard. Thanks again for the info… interesting read. Great insight, Hughes Group. Thanks!

]]> By: Deborah http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/comment-page-1/#comment-1295 Deborah Fri, 06 May 2011 22:19:54 +0000 http://braxtonbeyer.com/?p=299#comment-1295 Good informative info. We as realtors need to know this & be informed Good informative info. We as realtors need to know this & be informed

]]> By: Deborah http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/comment-page-1/#comment-1294 Deborah Fri, 06 May 2011 22:18:32 +0000 http://braxtonbeyer.com/?p=299#comment-1294 Thanks for the inside track on what is going on. We as realtors need to know this information. Thanks for the inside track on what is going on. We as realtors need to know this information.

]]> By: Ogden Utah homes for sale http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/comment-page-1/#comment-1292 Ogden Utah homes for sale Wed, 04 May 2011 09:27:14 +0000 http://braxtonbeyer.com/?p=299#comment-1292 Hoping that same laws will be implemented here in Utah, providing homeowners with better protection. Hoping that same laws will be implemented here in Utah, providing homeowners with better protection.

]]> By: Hughes Group http://braxtonbeyer.com/2011/01/eminent-domain-reform-coming-up/comment-page-1/#comment-1285 Hughes Group Tue, 26 Apr 2011 17:05:55 +0000 http://braxtonbeyer.com/?p=299#comment-1285 Here in Idaho new laws were initiated back in 2006 and a great deal of argument took place over what and what should not occur. Eminent domain is a real topic of concern in real estate and especially to individual homeowners in key locations. Two points of note in the 2006 proposal (that appear to be helping our landowners now) included the following: Property owners will be compensated based on the "'Highest and Best Use' mean[ing] the highest estimated value of the property based on use to which the property is reasonably adaptable and capable, for use by any public body shall be valued at the use to which the public body intends to put the property, if such use results in the highest value for the land taken." Also, the following statement helped alleviate some fears: "if an owner's ability to use, possess, sell, or divide private real property is limited or prohibited by the enactment or enforcement of any land use law after the date of acquisition by the owner of the property in a manner that reduces the fair market value of the property, the owner shall be entitled to just compensation, and shall not be required to first submit a land use application to remove, modify, vary, or otherwise alter the application of the land use law as a prerequisite to demanding or receiving just compensation." For more info: http://www.sos.idaho.gov/elect/inits/06init08.htm Through the mix of this legal jargon it's clear to see that provisions were proposed to help protect our homeowners (ideas that will hopefully be taken into consideration out in Texas). But now, our concerns are making sure that these laws are enforced and our homeowners get their just compensation. But now my concern here with Idaho Real Estate (as well as elsewhere), is that real estate isn't just about money, some people simply love where they live. What do we do about this? And possibly there is no answer to this endless question... Here in Idaho new laws were initiated back in 2006 and a great deal of argument took place over what and what should not occur. Eminent domain is a real topic of concern in real estate and especially to individual homeowners in key locations. Two points of note in the 2006 proposal (that appear to be helping our landowners now) included the following: Property owners will be compensated based on the “‘Highest and Best Use’ mean[ing] the highest estimated value of the property based on use to which the property is reasonably adaptable and capable, for use by any public body shall be valued at the use to which the public body intends to put the property, if such use results in the highest value for the land taken.”
Also, the following statement helped alleviate some fears: “if an owner’s ability to use, possess, sell, or divide private real property is limited or prohibited by the enactment or enforcement of any land use law after the date of acquisition by the owner of the property in a manner that reduces the fair market value of the property, the owner shall be entitled to just compensation, and shall not be required to first submit a land use application to remove, modify, vary, or otherwise alter the application of the land use law as a prerequisite to demanding or receiving just compensation.” For more info: http://www.sos.idaho.gov/elect/inits/06init08.htm

Through the mix of this legal jargon it’s clear to see that provisions were proposed to help protect our homeowners (ideas that will hopefully be taken into consideration out in Texas). But now, our concerns are making sure that these laws are enforced and our homeowners get their just compensation.

But now my concern here with Idaho Real Estate (as well as elsewhere), is that real estate isn’t just about money, some people simply love where they live. What do we do about this?

And possibly there is no answer to this endless question…

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