1960 S Maple and Destiny 98 TD

[jumpwedge]

I have spent a couple hours reading this poor guys story. The more I read the more commpassion I feel. What happened is terrible but it is all legal. I do wish REO would strike with Beal so he could keep his house and satisfy their investors. BTW, this guys furniture is awesome. He has some amazing talent.

[ThompGroup]

I did some research on this guy too..He's a total Deadbeat. Not only did he not pay his property taxes but he has YEARS worth of outstanding IRS liens, all of which were going to be exercised against this clown's property if this company hadn't had an investment in it.

[jumpwedge]

I'm just a guy from AZ but that's irrelevant. This guy had YEARS to pay his taxes. He failed to pay his fair share for schools, roads, and emergency medical services leaving it up to others to shoulder his burden. When governmental laws result in foreclosure, he cries about it. Take responsibility. If you rip off the gov. year after year sooner or later it is going to catch up to you. I would be interested in hearing you reply to the facts. I don't know many people who feel bad for tax evaders.

[pbeal1]

Facts?

For just a guy...you sure know the BS used to make it sound like local governments would fall apart without tax lien sales.

Fact: the usual prop tax delinquency rate is <3%. Ask any business owner if they couldn't deal with that.

I paid my taxes 30+ years, missing ONE year for which Destiny-98 took my home to no good purpose. I even paid taxes for years D-98 should have paid them.

I've NEVER complained about the LAWS, but how incompetently, destructively, agents like D-98 operate.

[lchristma]

Did you not listen? I am not sure where you get YEARS from. He did not pay taxes for one year due to waiting for an appeal to be heard? Perhaps you should actually listen to his story. My advice to you: don't be concerned with us in Michigan, save your judgmental comments for your fellow Arizona residents. Already, I have lost 5 minutes of my life that I can't get back. How about this-contact the investors--I am sure they would love to hear your opinions and concern for them.

[jumpwedge]

You might want to review my comment because I didn't say say he "didn't pay for years" I said he "had years" to pay off what he owed, but didn't. When did stating the facts become judgemental, and you seem pretty judgemental yourself. I will keep my comments in AZ when this guy keeps his video in MI. Where is the tolerance? I think Peter is a great guy but REO abided by the law and Peter didn't.

[cory1971]

My family and I know Peter and find this situation appalling. You have our support and we will continue sending everyone we know information of your situation. Don't bother even replying anymore to his comments, you will be talking above his head.

[jumpwedge]

REO is bringing back the highest return for its investors they can, and following MI state law in doing it. I expect my investment firm to follow the law and make my money grow, don't you? What happened to Peter is sad. When a small child burns their finger it's sad but if they are playing with fire it is expected. Not paying your taxes is like lighting a match. Watch your fingers!

[pbeal1]

Sorry, jumpwedge, that's just lame...

[jumpwedge]

You seem like a nice guy. I am sure you will find something better. It's really too bad but the lesson here is not to investors, it is to pay your taxes. All this guy had to do is pay his taxes and he had years to do it. Don't pay lawyers to fight your case just pay the city what you owe. This is one side of the story and the investor's side needs to be heard. I would guess that there is more to it if the investors REALLY want it. Take some personal responsibility. I also enjoy woodworking.

[pbeal1]

Unless you identify yourself explicitly, I must assume this is an e-mail from supposedly a real person but actually a party to the lien industry.

No one acquainted with the details of the takeover of 1960 has taken the "investor's" side. "Investor" is in quotes since even our County Treasurer has chosen to label them predators.

They DO NOT have a better plan for the property: so far, they are merely destroying what value it has, trying to realize their fantasy that it can be developed.

[dennisgala]

The property needs to blacklisted until it is returned to its rightful owner.I hope the community gets it out to all real estate people that the property was taken in the manner it was.

[jacklass1]

The refusal of the firm to name a reasonable price so that Mr. Beal might re-purchase the property demonstrates the kind of dog in the manger attitude of the principles. The property cannot be developed as they supposed it might be. There is no reason not to take a reasonable profit and sell it back to a man who has built a life and a business there. Yet they stubbornly refuse to heed the opinion of the community that Peter Beal has served for so many years.

[faeriegloaming]

I know this man. He used to keep chickens at 1960 Maple as a hobby, and my kids and I used to go there to get fresh eggs. He is one of those guys who is truly the "salt of the earth". These people who have thrown him out are money grubbing monsters. Shame!

[simonstu]

Heartbreaking story. A decent fellow gets messed up by the system.