Notes on Real Estate

I’ll be e-mailing some people this brief newsletter on a regular basis. Real estate is a big part of almost everybody’s life. Those who plan to live long and prosper will become seniors (a word we all hate having applied to us). Most of us want to have money that’s working for us, good investments.

That’s three good things. I'm specializing in Seniors, and Real Estate Investment (the two often do go together).

So, here’s the deal…

1. SENIOR CONCERNS: I believe it is important that we honor those who made it possible for us to live the good life we have lived. That's why I've taken an extensive package of courses that qualify me for the designation of SENIOR REAL ESTATE ADVISOR, as certified by the Minneapolis Area Association of Realtors, and recognized by the National Association of Realtors.

If you know people who are seniors who will soon find themselves frustrated by the challenges of private home ownership, perhaps you could do them a favor and arrange a meeting between us.

I’m not going to put a sales pitch on these people. I simply want to discuss with them their concerns and options. If they want to pursue a relationship from that point on, they can.

2. VITAL SENIOR OPTIONS: If you know seniors (or are one) who are still active and vital who want to both change their living accommodations while making a wise investment in the future, I’d like to talk with these people about ways they can best leverage their assets.

Lillian Carter, President Jimmy Carter’s mom, then in her 80’s, said, “Sure, I’m for helping the elderly. I’m going to be old myself some day.”

AMAZING FACT: Since 2001, someone in this country turns 55 about every 8 seconds, and will for the next 14 years.

I have a list of individuals who have expressed interest in being involved in a premier investment venture. If you’d like to talk about being included in such a group, or in doing some real estate investing on your own, please let me know.

North Minneapolis offers one of the Metro area’s best hunting grounds for such properties. In fact, I'm currently listing a duplex that could make an excellent one to two year turn-around investment for a small group or an individual investor.

All this changed with the conquest of England in 1066 by the Norman conquest. In 1066, William (“The Conqueror”), the new King of England, decreed that he owned all of the land in England by right of conquest. This lead to land grants given by the king to either his officers or those of English decent who were willing to recognize him as the rightful king.

From this developed the difference between real estate and chattels. Chattels could be owned outright. It can also be contrasted with those countries that have an absolute ownership of land. Even today, in those countries that have inherited land through the tenurial system, all the land still belongs to the Crown and the person only owns an estate in the land.

The system changed in 1290 allowing these tenants to sell their rights to the land without requiring the prior consent of their lord.

Many more details are involved, but our modern real estate laws evolved from this. English real-estate law was imported, through colonization, into the earlier forms of law in the U.S.A., Canada, Australia and New Zealand.

That’s it for now. Except this:

1. If you have interests or questions, please e-mail me or give me a call.
2. Check out my website HERE

The opinions expressed in this newsletter are solely those of Tom Crone and others being quoted and do not necessarily reflect the opinions of Coldwell Banker Burnet or its affiliates.