Suffering and Good Fortune
Contined From Home Page
By Darel L. Long
January 6, 2021
As in my own life, if you’re challenged by near impossible odds to overcome the situation at hand, the best solution should be to embrace peaceful options, then take positive action and eventually your standing will be elevated. You must not be paralyzed by fear but embrace a solid solution to move forward. You may want to review your plan or idea with a competent and creative lawyer. You must remember not all lawyers are great, and many provide poor advice. Personally, I’ve worked with many lawyers and three of them provided horrible advice which created additional and unwarranted conflict. They created the chaos and turned their backs on the problems they created with false information.
After a long, bitter custody case which primarily lasted six years and three months, it was extended during additional conflict I’m still dealing with and the total conflict exceeded 22 years amid on again, off again and on again spikes of conflict. My hopes and dreams nearly ended several times. During 2014-2015, successful plans to help me emerge to payoff ruthless people were made possible from a BIG IDEA. The primary ruthless people were paid off in January 2019. The bad actors left a vortex of chaos, and the impacts from them prolonged and created near impossible odds for me to overcome. At that time, two different lawyers promoted the idea to bankrupt all debt, both private and medical, but I declined. If it wasn’t for important free market efforts, the solutions to my endless financial issues resulting from my prolonged custody case may not have been possible.
The endless conflict left many issues created directly from loan sharks, who removed funds from me by force, was an extremely negative life I once lived. Paying off the money to loan sharks was made possible from options and real-estate opportunities primarily cultivated from various regions from overseas.
More recently, before the Covid-19 hysteria, I had planned to resolve all debt, including medical debt. In February 2020, various real-estate closings located overseas were delayed, not because of my fervent efforts, but rather buyers and sellers across the world became locked down from their own respective governments.
After the Covid-19 delays, the next monumental improvement regarding deals from overseas occurred September 15, 2020. At that time, I announced an estimated timeline to settle the contract. However, “registration of the property” in that region delayed me due to their own Covid-19 restrictions, and thus slowed final payout received. The US differs from various nations regarding real estate ownership. The US system for real estate property is commonly known as ‘title” which grants the ownership of real estate of personal property. In the case of real estate, the title is evidenced by a deed recorded in the county land records office. Other nations use other legal privileges of real estate ownership. The regions I focus on, I use a myriad of closings more common to registration of land. The registration of land has also had its own set of Covid-19 delays. The registration of the property was delayed and “finally” the settlement of payout was received by my contact, located in Florida, in the form of a cheque paid from foreign currency on December 29, 2020. On December 30, 2020, the deposit finally occurred. Those who are aware of foreign currency deposited into American banks realize those deposits take 6 weeks to settle and the funds now settle on February 10, 2021. Once the cheque clears, an American bank cheque will be written to my own settlement company. A short hold for 7 to 11 (approx. Mar 1st) working days will occur, and once the funds clear, the money will be sent to lawyers to settle important debt. Lawyers hold cheques payable to their escrow account for 7 to 11 days (approx. Mar 16th) Soon after, a draft will occur settled by one of several lawyers. The afore-mentioned timeline will occur, and once again life is elevated again for a few but this time no loan sharks benefit from long term conflict and finally my efforts land into the pockets of others.
Another closing located overseas has also finally been moved forward. At this point, the buyer placed a nonrefundable down payment for $275,000.00. The buyer agreed to terms based on a cash offer contingent on the sale of a vacation home located in Italy. The next benchmarked for this deal was scheduled for October 12, 2020 for $100,000, which is also nonrefundable now held in escrow and the buyer accomplished the goal. I was informed on October 12, 2020, the nonrefundable additional down payment for $100,000 was confirmed. Earlier this month they made me aware of their closing on their home in Italy. This provides the balance of funds to close on this home, also located overseas. This closing is common to citizens all over the world when buying property in that sometimes two properties are combined to make the deal work. In the buyers’ case, they needed to sell one of their properties to close on another property to then purchase my contracted deal. They are selling another vacation home and they will close on first with their own property December 29, 2020. The closing for their home in Italy is December 29, 2020. Once they close on their property in Italy, I can than determine our closing date for the property I hold under contract. I will not disclose the profit nor the total sale, but the profit alone provides an abundance of funds. This deal isn’t complicated, but the closing date for this buyer’s vacation home is now set for December 29, 2020. Additionally, this favors my position for the down payments they provided that are nonrefundable, regardless of Pandemic status, or any other issue. Once again once their property closes, they will have to wait for clearance of the foreign currency paid to them before they can close my contract. I’m aware they will have a hold placed on their own deposit from the foreign sale of their vacation home. They will be issued the check at closing and the systematic hold of six weeks will occur for their deposit will clear approximately February 19, 2021. The buyer will overnight funds to close on my deal by February 23, 2021. I use the term overnight lightly because overnight to most regions in the West Indies are actual 2-3 days delivery acknowledging this fact would place my buyers check in the West Indies by February 25, 2021. This buyer is old school and will only use cheques and I have never been able to change their minds to use a different payment method. On November 23, 2020 with news of their overseas closing and finally after endless covid-19 delays a closing date is now set for my deal on February 27, 2021. Once closed it will take 3-5 days for the cheque to arrive (approx. March 5, 2021). The next step will be to deposit my direct payout and as standard with all foreign checks a six-week hold will occur. A third party will receive my deposit between March 11-17, 2021 and clear by April 28, 2021 and as listed above, with the earliest closing funds will be brought forward to my settlement company and the bank will take 3-7 days to clear my check (hopefully only one day) which clears no later than May 7, 2021. The lawyers will hold proceeds up to 7 working days but lately it’s taken five working days which brings us to roughly May 14, 2021. Between May 17-21, 2021. the second payout will commence.
Both deals mentioned pays off all private debt leaving a large sum left over to help those I adore.
The Third closing will be set in the coming weeks and extinguishes all medical debt. My medical debt exceeds $873,000. I expect all medical debt to be settled between April 15 – June 1, 2021. As I see it, when great ideas to overcome major problems emerge, then it’s possible to take on near impossible odds. We live in a wonderful country that offers creative solutions to problems. I’m thankful to overcome my obstacles by supporting similar plans. I credit this to God, tenacity, determination, divine inspiration, faith, action, and helpful ideas. I’m thankful for those who cheered my efforts and offered prayers when I was at my lowest point. I appreciate them very much.