wasilvers
Well-known member
Anyone have any expereince with eminent domain? The city I live in is planning a redevelopment and now has 2 alternatives to implimentation of the 'master plan'. Each of these require my house - one with a business replacing it, one with a road replacing it. I know nothing about the process and they haven't contacted me yet. But I found the plans online from the special committee reports. I get my first look at them in 3 weeks. But every city official or candidate has said they want this, so it will happen. They paid the engineers, they are presenting plans to the public for comment before choosing the alternative.
So since they want my house, is the process difficult to negotiate through? Is there even any negotiation? I bought my house for only $165k 5 years ago which was $50k cheaper than ANYTHING else in town (the lady wanted out because of a divorce). It is dual zoned for business or residential - which is why I bought it. Before I switched to my job now, I was going to open my office out of that location. To date, I just live there and only do work for friends and family from the house. It used to be dentist office before the last lady renovated it. With the market dropping, do they pay you decent for the house or is it their own real estate tax value (which they have dropped every year since they decided they needed this change)? Can you live there till they knock it down?
I feel so lost now, they're taking MY HOUSE
So since they want my house, is the process difficult to negotiate through? Is there even any negotiation? I bought my house for only $165k 5 years ago which was $50k cheaper than ANYTHING else in town (the lady wanted out because of a divorce). It is dual zoned for business or residential - which is why I bought it. Before I switched to my job now, I was going to open my office out of that location. To date, I just live there and only do work for friends and family from the house. It used to be dentist office before the last lady renovated it. With the market dropping, do they pay you decent for the house or is it their own real estate tax value (which they have dropped every year since they decided they needed this change)? Can you live there till they knock it down?
I feel so lost now, they're taking MY HOUSE