A bagel, a schmeer and a sale?
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- June
- 24
The story of a 76-year-old retired bus driver who believes she’s been tricked into selling her home is so convoluted that it’s taking several levels of courts to figure out what really happened.
In the most simple terms, Venera Held says she didn’t intent to sell her home to Michael Goldstein, just the right of first refusal if she ever decided to sell. He, of course, says she knew what she was signing and that she knew she was selling the home.
What actually transpired is so clouded that there have even been criminal charges brought and dismissed, a decision that is under appeal.
The property may be home to Held, but it’s more to Goldstein, who already has approval to subdivide it in a zone that permits replacing single-family homes with up to six housing units.
The lesson here, especially in times when money is tight and profits can have a special allure, is not to conduct real estate transactions over the table of a bagle shop. And don’t do it without a lawyer at your side.
One will probably end up there in any event.
This entry was posted
on Wednesday, June 24th, 2009 at 1:24 pm by Bob Baird.
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