Corps Of Engineers "take Line"

[skeeter]

Empty boat slips still belong to someone.. ie: "private property"... I don't think I would park in someones driveway if no one was home either- but that's just me.

Yessir, they sure do. And I've heard people make good money speculating on them. They buy them up, as many as allowed per dock, as soon as they learn the new dock is going in and then re-sell, or try to, at a big mark-up. That could have something to do with the numbers of year-round, empty slips we see during these tough economic times ?

[Billfo]

Yessir, they sure do. And I've heard people make good money speculating on them. They buy them up, as many as allowed per dock, as soon as they learn the new dock is going in and then re-sell, or try to, at a big mark-up. That could have something to do with the numbers of year-round, empty slips we see during these tough economic times ?

Yes, I discovered that when we were looking to buy a home WITH a slip. Many of the homes DID NOT have a slip- but one was always available thru a third party "for rent".... We turned down lots of nice homes just for that reason , BUT... back to the thread topic of Take Lines, NEVER did a real estate agent ever once mention a take line.. Not being from the area I have to say we just got lucky..

[skeeter]

Real Estate agents ? Especially the Female variety.... lowest form of life on earth.....even worse than used car salespeople. They will tell you whatever they think you want to hear so they can collect their outrageous commission. They will never mention "take lines", septic systems, perc. tests on undeveloped ground, shelf rock drainage problems etc. etc. etc....unless you encounter an honest RE agent and THAT is a definite oxymoron !

What they, and owners/sellers hiding R.E. defects and not listing them on disclosure statements, get away with in this area would get them sued for big bucks in a bigger City environment. And the injured party would win every time. Anyone seeking to buy in this area should get to know someone living here first for advice and the truth. Yes, you did get lucky.

[Bill Babler]

Had a realator tell one of my best clients while he was looking at property down here that Table Rock lake was the best Walleye and Northern Pike Lake in the United States. It also held a very nice population of Lake Trout.

Our Subdivision at Shell Knob put in a new 20 stall dock a few years ago, replacing the old 20 slip we already had. Total cost was $50,000.00 with a huge swim platform. We already had the land.

Kind of like Farmin Middle man is making the money on most of these slips. Couple of friends of mine in the realestate business said 5 to 10 years ago you could make a 6 figure a year living on boat slips.

They were as good as stealin money if you get to list them.

Tim stated people are getting smarter though, they are not buying them like they used to. He said right now there are lots and lots of slips for sale. they are just in areas that no one wants to drive to or have not developed yet

He also said now, people are not buying the property if you don't throw in a slip if you have it. If your paying for them like you used to, you are not doing well with your bartering.

When we bought our property at Blue Eye 10 yrs ago, my realator asked me If I wanted to go into the slip business with him. He said he had between 50 and 100 slips of his own and it was a huge business. Since I have found out that there are lots of investors that have lots of slips. One guy below me has 8 right now. Only problem, demand has dropped and they are not selling like they were. Wonder Why?

[merc1997 Bo]

you do not want to get me started on the subject of boat docks. everyone needs to keep their boat at home. there has been so many good fishing spots ruined on table rock from putting in boat docks than you can shake a stick at. the dock is bad enough, but they cut out all the timber, and there is not so much as a stump left!!! the corp forgot a long time ago that the lake is for flood control. that is why we have dealt with so many years of high water. the more water they hold, the more electricy they generate during the summer. that does not help people that depend on someone using the lake for a livelyhood. when all the parking lots are covered with water, there is not too much going on as far as lake useage. the corp would just as soon the lake be 936 every year. ever ask one of them why they can't leave the lake steady during spawning season. they will tell you that the lake is for flood control. i then ask them why they are not doing their job then. this will be the first year in "umpteen" years that we have gone into spring with the lake down a little bit so it does not flood everything if we start getting any late winter and spring rains. kind of hard not to flood everything in site when the lake is at power pool or higher going into spring!!!

bo

[AdMaven]

Interesting conversation!! I did homework on COE boundaries (guess not enough homework--didn't know it was called a take line) ... I was interested in the flood levels before I bought our house in Shell Knob. BTW, that lakefront property (on a small cove) is no longer lake front since the level has dropped so low.

Hope you all have a great New Year!!

[MOPanfisher]

Technically the boundary line is referred to as the GFTL (Government Fee Take Line), way back when I worked at Table Rock we encouraged any prospective purchaser to have a Ranger come out and take a look before signing anything, seldom was that information passed from the realtor to the prospective purchaser. Currently I work at a much smaller lake and we have gotten the word out to a much larger percentage of the people to contact us before they purchase to find out what you can actually do and not do.

OK now for the GFTL, it was surveyed and placed a long time ago, it was done by what is called Metes and Bounds, not just by elevation, chunks of property was were purchased with most attepting to be above the 936.0 elevation which is the top of the flood control pool, in many places for several reasons it didn't go that high (knowingly) which is why there is what is called "flowage easement". The COE purchased the right to flood any property up to the 936 elevation. The reason several homes were flooded in 2011 is simply they are in violation of their flowage easement restrictions and built a house below the 936 elevation. Generally it isn't a problem but occasionally in extreme circumstances they are going to get flooded.

Stop by the Dewey Short building sometime and just talk with one of the rangers, they are generally great folks who will do their best to help you out, but remember they aren't going to help you break the rules. Now if you want to talk about lake level fluctuations and how they lakes are regulated we can do that too. But remember even with millions of dollars worth of engineering, plans, calculations and contingincies mother nature still has the big hammer.

[gitnby]

Real Estate agents ? Especially the Female variety.... lowest form of life on earth.....even worse than used car salespeople. They will tell you whatever they think you want to hear so they can collect their outrageous commission. They will never mention "take lines", septic systems, perc. tests on undeveloped ground, shelf rock drainage problems etc. etc. etc....unless you encounter an honest RE agent and THAT is a definite oxymoron !

What they, and owners/sellers hiding R.E. defects and not listing them on disclosure statements, get away with in this area would get them sued for big bucks in a bigger City environment. And the injured party would win every time. Anyone seeking to buy in this area should get to know someone living here first for advice and the truth. Yes, you did get lucky.

True dat! I bought my lakefront home in '94 and the agent was a nice gal but knew nothing about septic systems. (not that she should, really?)

The seller, a guy who was also a RE agent/builder, lied about the condition of the septic system on the disclosure statement. A few months after we bought the home, the septic system failed. I did some research and found out that this guy had received government funds through Table Rock Lake Quality Water (great organization!)to put in a new system in our house and 2 others he was building. He took the money, put in the new system in his spec houses, but not in ours. I sued him and won a judgement for $28,000, which was the cost of a new system and legal fees. It took almost 3 years because he kept delaying trial, switching lawyers, etc. Caveat Emptor, y'all!

[skeeter]

True dat! I bought my lakefront home in '94 and the agent was a nice gal but knew nothing about septic systems. (not that she should, really?)

The seller, a guy who was also a RE agent/builder, lied about the condition of the septic system on the disclosure statement. A few months after we bought the home, the septic system failed. I did some research and found out that this guy had received government funds through Table Rock Lake Quality Water (great organization!)to put in a new system in our house and 2 others he was building. He took the money, put in the new system in his spec houses, but not in ours. I sued him and won a judgement for $28,000, which was the cost of a new system and legal fees. It took almost 3 years because he kept delaying trial, switching lawyers, etc. Caveat Emptor, y'all!

Congratulations for going after one of these fraudulent, hypocritical liars. You were diligent and fortunate to have discovered his mis-use of TRLWQ funding. Did they join in the lawsuit ? They should have !

Seems to me that a person could make a good income by starting some kind of truth squad or de-liar consulting service ( not aimed at anglers of course ! ) to assist prospective purchasers of homes and real estate in the TR area to ferret out all the hidden falsehoods that seem to be present in a high percentage of local Real Estate transactions. At first, the local Real Estate Industry would resist and attempt to suppress this with all available funds but let them become co-defendants and losers in a few expensive court cases and that might change.

[gitnby]

TRLWQ did not join me in the suit, but David Casaletto (Director at the time) did testify at the trial, and was instrumental in us winning the case.

David is a great guy, and has a real passion for keeping our Lake clean!

Thanks to the efforts of people like David, more agents are aware of the septic issues, particularly on lakefront property.

Some new ordinances have been passed and several more have been proposed to address this issue.

http://archive.constantcontact.com/fs060/1102402691657/archive/1106820408895.html#LETTER.BLOCK7