Delaware
Man loses $100,000 property in Delaware beach community after neighbor claims squatter’s rights
Whose land is it anyway?
A person misplaced his greater than $100,000 property in a Delaware beachside neighborhood after his neighbor claimed squatter’s rights throughout a court docket battle over the parcel.
Burton Banks was pressured to switch to Melissa Schrock the title of the undeveloped land he inherited from his late father because of the little-known opposed possession code within the Diamond State, in response to the Delaware Information Journal.
Banks reportedly needed to promote a part of of the Ocean View property in 2021, value about $125,000, when he found Schrock had a goat pen on it for many years.
She additionally used about two-thirds of the acre belonging to Banks for different functions.
She refused to go away the land and weeks later, Banks lodged a criticism to pressure her to scram.
However Schrock then filed a counterclaim of opposed possession tied to the animal enclosure and to land that even went past that, the newspaper reported.
“It’s simply all the time been my yard since I used to be somewhat child,” Schrock instructed the Information Journal.
A decide agreed, discovering that Banks and his partner David Barrett largely lived in Atlanta and “solely sometimes” stayed in Ocean View.
Their transient visits made it arduous for them to persuade the courts Schrock had not freely used the land for the final couple of many years.
Delaware Superior Court docket Decide Craig Karsnitz titled the property to Schrock in February, in response to Information Journal.
Banks instructed the outlet he can’t afford an attraction, “however [I’m] hoping I can at the very least warn others.”
Oddly sufficient, Banks’ father left an adjoining lot to Schrock’s mom, who later died and bequeathed the property to her daughter, in response to court docket paperwork.
One other neighbor additionally reportedly had an animal enclosure that encroached on the property, however that individual agreed to take away it.
In an analogous case from 2015, the Delaware Court docket of Chancery gave 15 acres of property to a hunter who used the land that wasn’t his for 20 years, the newspaper reported.
A legislation professor with Widener College, Serena Williams, mentioned again then in regards to the legislation: “It may be surprising as a result of most individuals don’t find out about it.”
Delaware
Joe Biden turns his Delaware home into 'personal ATM', earns $4.2mn from $350K property: Report
United States President Joe Biden and First Lady Jill Biden are believed to have treated their various real estate holdings in Delaware as their personal ATM for years by using them for various mortgages and refinancing them for not less than 35 times, according to a report.
The couple, whose reported net worth is $10 million, have allegedly borrowed $6 million against their properties for many years.
The dealings over their homes in Delaware are likely to have started in the late 1970s just after Joe and Jill got married.
According to a report published in the Daily Mail, the mortgage or credit deals were negotiated by the couple after approximately every 17 months. Such frequent refinancing has left the finance experts puzzled.
“It doesn’t make a lot of sense unless they were desperate for cash,” said a finance expert, while speaking to Daily Mail.
The revelations made in the report have further added mystery to the financial past of his family as the president faces scrutiny over financial transactions.
Biden’s murky financial transactions
The current residence of Bidens is a mansion which was purchased in 1996 and has an outstanding $541,000 mortgage after nearly three decades, as per records.
“Why would anyone view their home as an ATM?” LA realtor Tony Mariotti said while speaking to the Daily Mail.
“Over time, mortgage fees really add up. Paying off a mortgage… is like a forced savings account that bears modest interest,” Mariotti added.
As per the records, in 1996 the current four-acre spread was purchased by Bidens for $350,000 and they have since leveraged it with 20 different home credit agreements as well as mortgages totalling $4.23 million.
Watch: US: Biden & Trump prep for key Presidential debate
Bidens’ other major property is a summer home in Rehoboth Beach which was purchased in 2017 for $2.74 million. It was a cash purchase and had no mortgages attached to it.
However, financial records of Bidens show that they have significant debt and have a mortgage on the Wilmington home as well as an equity loan on the same property.
The family’s total liabilities fall between $350,000 and $850,000. Their estimated assets fall between $1 million and $2.6 million.
According to the records, the Bidens have sanctioned 13 home loans and two credit agreements between 1978 and 1994 which totals $1.72 million.
(With inputs from agencies)
In 2019, Alison Quimby, manager of sustainability and environmental compliance for the city of Wilmington, proposed an outdoor classroom to help support families and community members living in the urban areas where green spaces may be limited.
However, it faced setbacks at the time due to the pandemic.
“I just had this thought in my mind, definitely like a daydream, and I thought, ‘Wouldn’t it be beautiful to give [this to] the citizens of Wilmington who are inside of buildings a lot?’” she said. “[We want to] give them a space to be outside where they can feel comfortable, where they can learn. It’s not just for environmental stuff.”
Collaborators including Partnership for the Delaware Estuary, the city of Wilmington, Healthy Communities Delaware and local schools came together Tuesday morning to celebrate the ribbon cutting of the park’s new addition.
Education and community were central to this project, influencing its location at Cool Spring Park due to the park’s proximity to nearby schools. During construction, involving the community was essential, with students at William C. Lewis Dual Language Elementary School contributing by planting native plants and attracting pollinators.
“We went through three different schools. But this was the one that we definitely landed on, and it’s perfection. The goal is to do this again and again. This is an experience that William C. Lewis and Padua and Ursuline or any community can come and enjoy,” she added. “With the help of the school William C. Lewis, they were able to come out, get their fingers dirty and do some planting, and they found worms and they were so excited.”
Heat wave Day 6: Temperature records broken
FOX 29 Meteorologist Kathy Orr chats about the 136-year-old record broken in Philadelphia with its high temperature Sunday.
PHILADELPHIA – Summer fun is even better when it’s free, and beachgoers looking to beat the heat have several options in both New Jersey and Delaware.
Temperatures have sizzled parts of the Delaware Valley ever since summer began earlier this month, including a record-setting heat wave.
Crowds have packed shore towns in New Jersey and Delaware where the sea breeze helps make unbearable summer temps more tolerable.
Everyone has their favorite shore town, but anyone looking to save a couple bucks can still enjoy a day at the beach with these free options.
Atlantic City: Best known for its gambling and vibrant nightlife, Atlantic City also offers a massive free beach for summertime fun. Downtown Beach, Crystal Beach, and Delaware Avenue Beach are a few of the options available to visitors. A.C. also boasts a more than 5-mile stretch of boardwalk that has access to restaurants, casinos and novelty shops.
Bay Front: Considered part of the more well-known Seaside Heights, Bay Front offers beachgoers “an alternative to the oceanfront activities.” Bay Front, found just north of Route 37, not only offers a free patrolled beach, but visitors can also enjoy fishing, crabbing and boating.
Beesley’s Point: Located on the banks of Great Egg Harbor, Beesley’s Point gives beachgoers a quieter escape and is said to be “an ideal spot for launching a kayak to explore the calm waters.”
Jennifer Lane Bay Beach: Another bay side location for beachgoers who prefer a more laid back shore experience, Jennifer Lane Beach is found on the Manahawkin Bay. Jennifer Lane Bay also features nearby parks for volleyball, walking, biking, and fishing.
Strathmere: Neatly tucked between Ocean City and Sea Isle City, Strathmere beach offers “a low-key, off-the-beaten-path beach experience.”
The Wildwoods: One of the most popular South Jersey beaches is also one of the state’s largest free beaches! With over 5 miles of beaches, Wildwood offers visitors plenty of room to find a spot to enjoy the sun and surf.
William Morrow Beach: VisitNJ.com called William Morrow Beach “the perfect spot to spend a sunny summer day” due to its plentiful sandy beaches and amenities like free parking, outdoor showers and a playground. A small notch of Somers Point, William Morrow Beach stretches between Higbee and New Jersey avenues.
Dewey Beach: There’s a lot packed into the small Delaware shore town, including a free beach! The one-mile-long town is just three blocks, but offers shops, restaurants and a lively nightlife scene.
Rehoboth Beach: One of Delaware’s premier vacation spots also boasts free sandy beaches! Rehoboth Beach also features a fun boardwalk and plenty of shops and restaurants to round out your day at the beach.
If we missed a free beach in New Jersey or Delaware, let us know at WTXF_web@FOX.com!
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