They dropped 300 grand on property that was alleged to to be lakefront, but wasn't. Anyone who spends THAT kind of money on real property without bothering to get a detailed survey so that they know exactly where the property line is fits the description of "foolish."
Someone unscrupulous came along who invested $1000, with purpose of making $300,000 from it not by doing work, but by making life so uncomfortable for them that they'd pay it
In actuality, he offered to sell the parcel to the homeowners. In return, the survey stakes denoting his property boundaries were thrown in the lake. After that, he put up the fence. One homeowner is in negotiation to buy the parcel. He seems to be the only person who understands tha
Taking it to a court of law, to see if there is legal remedy is not force
But throwing survey stakes into the lake is. And so is torching the fence, as some nitwits here have recommended.
I do not believe the judge would rule on his side
Your beliefs are irrelevant. He has the legal right (and, given our litigious society, probably a legal duty) to put up a fence to keep people out of the lake.
If the judge did, I would move
Translation: you'd move to a place that would let you steal other people's property as it suited you.
Would you remain and pay this guy $30,000?
I'd try bargaining over the purchase price. I wouldn't throw the survey stakes in the lake. I sure as hell wouldn't engage in arson as some Freepers have suggested.
Perhaps not, maybe careless and lazy would be a better term. When you make purchases, particularly large ones, you do your homework and find out all the particulars. Or you hire someone to do it.
Someone unscrupulous came along who invested $1000, with purpose of making $300,000 from it
I do that everyday. I trade stocks and I am always trying to buy things cheaply which other people think are expensive. Is there such a thing as "too much" profit on a transaction?
not by doing work, but by making life so uncomfortable for them that they'd pay it
He did the work to research the property and the availibility. Then he made the investment. He bought a lake. It was for sale. They didn't buy it. No one else bought it. It was for sale.
Taking it to a court of law, to see if there is legal remedy is not force
Legal remedy? Sure, if he did something wrong or they can show that they somehow have a legal claim to it, that would be fine. But if they get the government to take his property away because they have more political clout, it would be immoral. They would be thieves. And cowards to get the government to do it under the veil of legitimacy.
I do not believe the judge would rule on his side If the judge did, I would move
That is your opinion and moving is always an option.
Would you remain and pay this guy $30,000?
In the first place, $30000 is the asking price, the beginning of negotiations if you will. I might do it and I might not, it would depend on the value of the property to me.
Love TJ