Yesterday’s win is today’s remorse. I awoke at 3:30 AM with a serious case of buyer’s remorse as I began re-thinking everything bad about purchasing a lot in Modoc County.
The biggest issue is the $195 per year payment to the county on behalf of the Last Frontier Healthcare District (LFHD). I’ve read all about it and there is nothing one can do to escape this annual “Special Tax.”
On the other hand, I’m bound and determined to figure out Modoc County Real Estate and there’s only one way to do it – join in. The LFHD may single-handedly be the demise of the current recreational property fiasco in Modoc County. And, that would be a good thing. I think it’s a clear case of unintended consequences.
While laying in bed, I couldn’t stop wondering if there were a reasonable way out of this financial conundrum. The more I thought about it the more I realized my sleep was over.
Out of bed by 5:00 AM, I felt a knot in my stomach. I hate being stupid, but that’s how I felt – and still feel as I write this. However, this is an educational experience and that includes a full understanding of buyer’s remorse.
At least I didn’t pay more. The value of Modoc real estate is taking it in the shorts, not that it was ever a good deal.