FHA
Tampa Real Estate
Orlando Homes for Sale
A New Orleans lawyer sought an FHA loan for a client who lost his house in
Hurricane Katrina and wanted to rebuild. He was told the loan would be
granted if he could prove satisfactory title to the parcel of property
being offered as collateral. The title to the property dated back to
1803, which took the Lawyer three months to track down.
After sending the information to the FHA, he received the following
reply:
(Actual letter excerpt) "Upon review of your letter adjoining your
client's loan application, we note that the request is supported by an
Abstract of Title. While we compliment the able manner in which you have
prepared and presented the application, we must point out that you have
only cleared title to the proposed collateral property back to 1803.
Before final approval can be accorded, it will be necessary to clear the
title back to its origin."
Annoyed, the lawyer responded as follows:
(Actual letter excerpt) "Your letter regarding title in Case No. 189156
has been received. I note that you wish to have title extended further
than the 194 years covered by the present application. I was unaware that
any educated person in this country, particularly those working in the
property area, would not know that Louisiana was purchased, by the U.S.,
from France in 1803, the year of origin identified in our application.
For the edification of uninformed FHA bureaucrats, the title to the land
prior to U.S. ownership was obtained from France, which had acquired it by
Right of Conquest from Spain. The land came into the possession of Spain
by Right of Discovery made in the year 1492 by a sea captain named
Christopher Columbus, who had been granted the Privilege of seeking a new
route to India by the Spanish monarch, Isabella.
The good queen, Isabella, being a pious woman and almost as careful about
titles as the FHA, took the precaution of securing the blessing of the
Pope before she sold her jewels to finance Columbus ' expedition. Now the
Pope, as I sure you may know, is the emissary of God, and God, it is
commonly accepted, created this world. Therefore, I believe it is safe to
presume that God also made that part of the world called Louisiana. God,
therefore, would be the owner of origin and His origins date back to
before the beginning of time, the world as we know it AND the FHA. I hope
you find God's original claim to be satisfactory. Now, may we have our
damn loan?"
He got the loan.
Orlando Homes for Sale
A New Orleans lawyer sought an FHA loan for a client who lost his house in
Hurricane Katrina and wanted to rebuild. He was told the loan would be
granted if he could prove satisfactory title to the parcel of property
being offered as collateral. The title to the property dated back to
1803, which took the Lawyer three months to track down.
After sending the information to the FHA, he received the following
reply:
(Actual letter excerpt) "Upon review of your letter adjoining your
client's loan application, we note that the request is supported by an
Abstract of Title. While we compliment the able manner in which you have
prepared and presented the application, we must point out that you have
only cleared title to the proposed collateral property back to 1803.
Before final approval can be accorded, it will be necessary to clear the
title back to its origin."
Annoyed, the lawyer responded as follows:
(Actual letter excerpt) "Your letter regarding title in Case No. 189156
has been received. I note that you wish to have title extended further
than the 194 years covered by the present application. I was unaware that
any educated person in this country, particularly those working in the
property area, would not know that Louisiana was purchased, by the U.S.,
from France in 1803, the year of origin identified in our application.
For the edification of uninformed FHA bureaucrats, the title to the land
prior to U.S. ownership was obtained from France, which had acquired it by
Right of Conquest from Spain. The land came into the possession of Spain
by Right of Discovery made in the year 1492 by a sea captain named
Christopher Columbus, who had been granted the Privilege of seeking a new
route to India by the Spanish monarch, Isabella.
The good queen, Isabella, being a pious woman and almost as careful about
titles as the FHA, took the precaution of securing the blessing of the
Pope before she sold her jewels to finance Columbus ' expedition. Now the
Pope, as I sure you may know, is the emissary of God, and God, it is
commonly accepted, created this world. Therefore, I believe it is safe to
presume that God also made that part of the world called Louisiana. God,
therefore, would be the owner of origin and His origins date back to
before the beginning of time, the world as we know it AND the FHA. I hope
you find God's original claim to be satisfactory. Now, may we have our
damn loan?"
He got the loan.
0 Comments:
Post a Comment
<< Home