View Single Post
  #70   Report Post  
posted to rec.boats
[email protected] justwaitafrekinminute@gmail.com is offline
Senior Member
 
First recorded activity by BoatBanter: Apr 2007
Posts: 7,590
Default There's just nothing quite like capitalism

On Feb 3, 1:43*am, wrote:
On Fri, 1 Feb 2008 15:37:40 -0800, "Calif Bill"

wrote:
Homesteading may not save your house. *Most houses in metro areas of
Calif are worth more than the homestead act protects. *Otherwise, you can
go out and lie and get a loan for a $20mm house and then declare BK and
own the house.


Florida


But there may be a maximum value protected even in Florida.


Nope, that is why OJ lives in Miami


My bud bought 5+ acres in N Florida, right off the intersection of 10
and 75 a few years back for 11 grand... a similar lot sold last week
nearby for 60 grand.. He is pretty excited.. For now he is just
putting up a place for vacations, but someday he will probably split
off a little piece and pay some bills..