Absolutely Priceless

[angelwing]

Absolutely Priceless


Part of rebuilding New Orleans causes residents to
often be challenged
with the task of tracing home titles back
potentially hundreds of years.
With a community rich with history stretching back
over two centuries,
houses have been passed along through generations of
family, sometimes
making it quite difficult to establish ownership.
Here's a great letter
an attorney wrote to the FHA on behalf of a client
that is absolutely
priceless.

You've got to love this lawyer, and, it's too good
not to share!

A New Orleans lawyer sought an FHA loan for a
client. He was told the
loan would be granted if he could prove satisfactory
title to a 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):

'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):

'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'm sure you may know,
is the emissary of
Jesus Christ, the Son 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?'

The loan was approved.

[TexasStooge]

[HURAKAN]

Wow, good response!

[Stephanie]