laurarichardson said:

laurarichardson said:

rogifan said:

laurarichardson said:

It was in the court docs when they were complaining about Comerica and wanted to have them removed.

Except Comerica is working to get this property sold. None of what you say makes any sense.

Are you to lazy to read the court docs? I never said Comerica was not selling the proerties. SNJ are the ones that are angry that Tyka and Omarr homes are not being sold and in fact SNJ actually wanted to take one of the house off of the market so Norrine could live in it. At the end of the day the sibs could have decided to hold on to all of the properites and now they cannot make up their minds about some of them.

rogifan said:

laurarichardson said:

The property that is mentioned in this article below is zoned for development The reason to say the property is not suitable for development would be due to extreme stiuations such as contamination or historical preservation.

I would be doubtful about anyone saying no viable options exsist for any property.

http://www.swnewsmedia.com/chanhassen_villager/news/local/what-s-going-to-happen-in-mr-rogers-nelson-s/article_5154799f-fb45-574d-aa78-0b5dcfc5b4a6.html

Reading that article it looks like this land could greatly benefit the city. I have no problem with that. The sibs obviously aren’t interested in being land developers and hanging on to the property just for the sake of owning land doesn’t make much sense IMO. Maybe they could work out something with the city where a park or trail on the property is named in Prince’s honor.

Reading this article you should see a big block in the middle that tells you land is zoned for development.

laurarichardson said:

rogifan said:

My sister lived in Eden Prairie MN until mid-2016, and she said there was development everywhere. So the land would most certainly be built upon.

1Sasha said:

My sister lived in Eden Prairie MN until mid-2016, and she said there was development everywhere. So the land would most certainly be built upon.

Of course it will be built on. The family could get millions from a developer.

laurarichardson said:

1Sasha said:

rogifan said:

1Sasha said:

My sister lived in Eden Prairie MN until mid-2016, and she said there was development everywhere. So the land would most certainly be built upon.

Yet, the part of the land that can be built upon. Not all of it can be.

What part do you think we are discussing?

rogifan said:

laurarichardson said:

Real Estate 101 hanging on to property to let the value increase. The sibs could work with a developer and build on the property thus increasing their profit. The could sell to a developer and I am sure get much then they will from the city.

Has it been confirmed that the estate is selling it to the city? The article came across as the city identifying an opportunity not that it was a done deal. Comerica aren’t idiots. They’re going to get as much as they can for it. And like I said, I doubt the sibs (or Comerica) want to be in the real estate business. I’m going to trust Comerica over some random person on the internet (who doesn’t want the property to be sold anyway).

Comerica would not be in the real estate business once you work with the developer the proerties would be sold. I am saying the family who will have say if this is over 2 million would be silly to take the first offer to come along out of greed instead of working with the developer.

If you read the article the city will be discussing the land at a work session and it would not surprise me if the family is not pushing for a quick sale to the city where they may gyp themselves out of millions

laurarichardson said:

They do not have to mastermine anything. Developers would work with them and Comerica would assist or they could sell it directly to a developer.

disch said:

What about the estate proceedings so far have given you the impression that the siblings have the wherewithall to mastermind some brilliant real-estate development plan (by even bringing the right partners for such an enterprise) — let alone the interest? laurarichardson said:

Comerica would not be in the real estate business once you work with the developer the proerties would be sold. I am saying the family who will have say if this is over 2 million would be silly to take the first offer to come along out of greed instead of working with the developer.

If you read the article the city will be discussing the land at a work session and it would not surprise me if the family is not pushing for a quick sale to the city where they may gyp themselves out of millions

[Edited 2/28/18 12:57pm]

Laurarichardson said:

I think Comerica is doing a great job but they do have to listen to the family members for anything over 2 mil and the older ones have made all sorts of ridculous comments in the court files so I have no confindence in them and I kind of feel sorry for them.

disch said:

I repeat: “even bringing in the right partners” (ie developers)? Are you impressed so far by all the folks they’ve brought in to handle various affairs? Laurarichardson said:

They do not have to mastermine anything. Developers would work with them and Comerica would assist or they could sell it directly to a developer.

laurarichardson said:

I think Comerica is doing a great job but they do have to listen to the family members for anything over 2 mil and the older ones have made all sorts of ridculous comments in the court files so I have no confindence in them and I kind of feel sorry for them.

disch said:

I repeat: “even bringing in the right partners” (ie developers)? Are you impressed so far by all the folks they’ve brought in to handle various affairs? Laurarichardson said:

I don't think Comerica can sell the land for less than 90% of the market value. I believe I read that in some of the earlier documents.

nelcp777 said:

laurarichardson said:

I think Comerica is doing a great job but they do have to listen to the family members for anything over 2 mil and the older ones have made all sorts of ridculous comments in the court files so I have no confindence in them and I kind of feel sorry for them.

I don't think Comerica can sell the land for less than 90% of the market value. I believe I read that in some of the earlier documents.

^^^ This is true.

They would have to get an Order from the Judge to sell for less than 90%.

disch said:

He was alive for 57 years. That’s not enough time to get a legally sound will in place? laurarichardson said:

Wills are great if your children or sibs are not idiots. Prince knew what he was dealing with when he dad died. I think he did the best he could with the time he had.

Good fucking grief disch. Why do you keep needling laura? You do it continually and YES, it's noticeable. So fucking what if Prince didn't want to do a will, that was his right to do or not do with HIS property. You are trolling. Why?

disch said:

Prince could have mitigated these issues by having a proper, legally enforceable estate plan. I know that there’s a school of thought here that such plans are useless and he was playing 4d chess by not having one, but seriously, much of the concern about fraud, bad advice, squandering, etc. would have been lessened. Not eliminated, but lessened.

Prince did what he wanted to do. He didn't give a shit about anything that he didn't set a plan in place for. Why is that so hard to accept?

[Edited 2/28/18 15:32pm]

Mumio said:

disch said:

He was alive for 57 years. That’s not enough time to get a legally sound will in place? laurarichardson said:

Good fucking grief disch. Why do you keep needling laura? You do it continually and YES, it's noticeable. So fucking what if Prince didn't want to do a will, that was his right to do or not do with HIS property. You are trolling. Why?

Trolling??? It seems like rational and intelligent discourse from here. Having trouble recognizing this?

Bodhitheblackdog said:

Mumio said:

Good fucking grief disch. Why do you keep needling laura? You do it continually and YES, it's noticeable. So fucking what if Prince didn't want to do a will, that was his right to do or not do with HIS property. You are trolling. Why?

Trolling??? It seems like rational and intelligent discourse from here. Having trouble recognizing this?

As if I'd listen to one word coming from your pie hole I have no regard for you so don't bother.

Mumio said:

Bodhitheblackdog said:

Trolling??? It seems like rational and intelligent discourse from here. Having trouble recognizing this?

As if I'd listen to one word coming from your pie hole I have no regard for you so don't bother.

You people who keep attacking laura: what do you think, you are invisible and no one sees what you are doing? GTFOH with your bs.

luv4u said:

Happy to see you luv.

Mumio said:

luv4u said:

Happy to see you luv.

Bodhitheblackdog said:

Mumio, if anything about this forum is enraging you the point that you need to erupt in cursing, maybe step away from the computer for a bit? just a thought.

-

As for my "needling" Laura and "trolling": All I can say is Laura is a big girl, has been here for many many many years, and I'm certain (as evidenced by her rate of posting, which far exceeds mine) that anything I post is not disuading her in any way. In fact, I'm going to go out on a limb and say Laura enjoys having people here to spar with, whether me or others.

-

(As for the particular post of mine that you quoted below, I had originally responded to someone else entirely with a comment, Laura jumped in with a reponse to me, I offered with the comment below, then Laura retorted with a somewhat snarky comment back at me... and it ended with that. If you're going to accuse me of "trolling," at least read the whole conversation! Geesh)

Mumio said:

disch said:

He was alive for 57 years. That’s not enough time to get a legally sound will in place? laurarichardson said:

Good fucking grief disch. Why do you keep needling laura? You do it continually and YES, it's noticeable. So fucking what if Prince didn't want to do a will, that was his right to do or not do with HIS property. You are trolling. Why?

[Edited 2/28/18 17:13pm]

disch said:

Mumio, if anything about this forum is enraging you the point that you need to erupt in cursing, maybe step away from the computer for a bit? just a thought.

-

As for my "needling" Laura and "trolling": All I can say is Laura is a big girl, has been here for many many many years, and I'm certain (as evidenced by her rate of posting, which far exceeds mine) that anything I post is not disuading her in any way. (As for the particular post of mine that you quoted below, I had originally responded to someone else entirely with a comment, Laura jumpted in with a reponse to me, I responded with the comment below, then Laura responded with a somewhat snarky comment back at me... and it ended with that. If you're going to accuse me of "trolling," at least read the whole conversation! Geesh)

Mumio said:

Good fucking grief disch. Why do you keep needling laura? You do it continually and YES, it's noticeable. So fucking what if Prince didn't want to do a will, that was his right to do or not do with HIS property. You are trolling. Why?

Enraged? Nope. I'm grown, cursing is allowed My comment is more directed toward repeated behavior on your part. Not just this one time. You know what I am talking about A one or two time behavior doesn't require commenting on.