Real Estate Huntsville Alabama AL alabama Northcutt Realty
PERSONALIZED, NOT FRANCHISED
Purchaser's Arena
Buyer Profile by Greg L. Northcutt  

It has been my experience that purchasers can be divided into two very general categories. Obviously, there are exceptions to every rule of thumb, and there can be considerable overlap between these two general classifications, but I think you will find the difference between the two interesting. Find out if you are a planner or a shopper....(click to go) 

Introduce yourself!  

We appreciate your coming to our web site and allowing us to tell you about us. Now we return the favor and offer you the opportunity to tell us about you. By letting us know about your interests and needs, you will enable us to find just the property you would like to own. It costs you nothing for us to look for you, and it's fun...! (click to go) 

Renting vs. Buying   

We demonstrate for you how, for the same amount of money you would pay in rent, you can not only own your own home, but most likely live better. If this idea intrigues you, follow along our example. (click to go) 

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Don't you hate it when this happens? smile  

Some years ago, a New Orleans lawyer sought a direct Veterans Administration loan for a client. He was told that the loan would be approved if he could provide proof of clear title to the property offered as collateral. The title for the property in question was complicated and he spent a considerable amount of time reviewing all pertinent documents back to 1803. Satisfied with the depth and expanse of his examination, he submitted the information to the VA.   

He soon received a reply from the VA.:   

"We received your letter today enclosing application for a loan for your client, supported by abstract of title. The application forms are complete, but you have not cleared the title before the year 1803. Therefore, before full review and possible approval can a be accorded the application, it will be necessary that the title be cleared back before that year."   

Annoyed, the lawyer wrote the V.A.:   

"Your letter regarding titles in case #9378329 is received. I note that you wish titles extended further back than I have presented. Your attention is invited to the following information to update your records for the property prior to 1803:   

a) I was unaware that any educated person would not know that the United States gained clear title to Louisiana from France in 1803. This title transfer was a result of a real estate transaction known as The Louisiana Purchase.   

b) France gained clear title to Louisiana by right of conquest from Spain under the Treaty of San Ildefonso (1800).   

c) The land came into the possession of Spain by right of discovery in 1492 by a sailor named Christopher Columbus. He was acting on behalf of Isabella, Queen of Spain, and had her permission to claim newly discovered lands for Spain.   

d) The good Queen, being a pious woman and careful about titles - almost as careful as the V.A.- took the precaution of securing the blessing of the Pope before authorizing the voyage.   

e) The Pope is a servant of God; God created the world.   

f) Therefore, I believe that it is safe to presume that God created title to that part of the world called Louisiana and thus was the original holder of the property in question. 


      Phone: (256) 883-0405 
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      e: (256) 852-5524  
      Cell
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      Email: info@northcutt.com 
Century Office Center - Suite 524 
 
Huntsville, Alabama 35802
 
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