INDEPENDENT • FEBRUARY 26, 2014 • Page 5
FINANCE & INVESTMENT
NOTICE OF TAX RESALE
State of the economy President Obama wisely spent the bulk of his State of the Union speech addressing jobs and the economy, as they remain the forefront issues for most Americans. In fact, “jobs,” “work” and “business” were three of the top 10 words he used throughout the night. In response, Republican Rep. Cathy McMorris Rodgers used “working” and “job” frequently in her speech. Our goal in the following discussion is to shed light on the realities of this economy. Interest Rates For the first time in what seems like decades, interest rates rose in 2013. The 10-year treasury rate finished at 3.04 percent, up 1.18 percent for the year. Most of this increase occurred in May through July, after the Federal Reserve announced plans to “taper” its $85 billion-per-month bond-buying program. Unemployment The official unemployment rate dropped from 7.9 percent at the beginning of 2013 to 6.7 percent in December. This was the largest annual drop in the rate since the Great Recession of 2008-2009. But this doesn’t tell the whole story. The unemployment rate is calculated by dividing the total number of unemployed workers by the size of the labor force. The number of people in the labor force as a percentage of the overall population has been falling for more than a decade, and is now at its lowest point since 1978. This means that much of the drop in the unemployment rate isn’t because workers are finding jobs, but rather because they are choosing to retire or stop looking for work all together. Inflation The Consumer Price Index, which the government uses to determine inflation, was up 1.5 percent for the year. This is below the Federal Reserve’s targeted inflation rate of 2 to 3
( PROPERTIES PREVIOUSLY STRUCK OFF TO FORT BEND COUNTY) (See note below)
Constable A. J. Dorr Pursuant to a resolution of the Board of Trustees, Fort Bend County, as authorized by Section 34.05(c), Property Tax Code, has requested a public re-sale by my office of certain properties previously foreclosed and bid off to the taxing units in the suits described below. Therefore, I will on March 4, 2014, at the Steps of the North Entry, 401 Jackson Street of the Courthouse of said County in the City of Richmond , between the hours of 10:00 A.M. and 4:00 P.M. on said day, beginning at 10:00 A.M., proceed to sell for cash to the highest bidder and in the manner provided by Section 34.05(d), Property Tax Code, all of the right, title and interest of the taxing units, acquired through each of the suits listed below, in and to the following described real estate being situated in Fort Bend County, Texas, to wit:
Sale #
Bill & Jared Jameson percent. Inflation has remained muted as considerable slack exists in the economy. In fact, there is probably more concern about deflation (falling prices) than inflation. Debt The good news is consumers, businesses and financial companies are paying down debt. Unfortunately, public debt continues to grow throughout the world. The US national debt is $17.3 trillion at the time of this writing, or about $55,000 per citizen. Total US debt (the sum of personal, financial, business and public debt) is up to $60.8 trillion, or $192,000 per citizen. GDP Growth Gross Domestic Product (GDP) is a measure of the total value of goods and services produced by a country in a year. In order to give an accurate portrayal of the change in the GDP, the growth rate is adjusted higher or lower for changes
in prices (inflation or deflation). The GDP for the US in 2013 was 1.9 percent, about 0.9 percent less than the average annual gain for the last 44 years. The last seven years have been particularly weak, with an average growth rate of just 1.07 percent. On a positive note, the 3.2 percent annualized growth rate from the fourth quarter of 2013 was the second-highest level seen in the last eight years. As always, there are different interpretations for the same statistics. If you would like an objective review of your investment strategy and how it fits into the current economy, contact your local fee-only financial advisor. WJ Interests is a fee-only financial planning and investment management firm in Sugar Land. For more information, please contact us at wj@wjinterests.com or 281-634-9400.
NOTICE OF SALE STATE OF TEXAS
§ § §
FORT BEND COUNTY
Legal Description
Style of Case
Adjudged Value
10-DCV180290 10/15/13
RIDGEWOOD ESTATES, BLK 640000032030090 FORT BEND COUNTY VS. ELIAS M. GARCIA, AKA ELIAS 32, LT 3, VOL. 5, PG. 29A* 7 MONTES GARCIA, ET AL February 1, 2014
$12,400.00
$2,500.00
2
11-DCV190258 11/19/13
285500004003090 FORT BEND COUNTY VS. NANCY JO CROSS, AKA 1 February 1, 2014 NANCY JO GONZALES, ET AL
EDGEWOOD ADDN, WILLIAM MORTON LEAGUE, ABST 62, BLK 4, LT 3, VOL 234, PG 580*
$17,610.00
$6,900.00
3
11-DCV191520 08/13/13
800000005050090 FORT BEND COUNTY VS. GERARDO BARRON GARZA, 7 February 1, 2014 ET AL
TELEVIEW TERRACE ADDN, BLK 5, LT 5, VOL 326, PG 469*
$12,500.00
$5,700.00
4
12-DCV201965 11/19/13
758502001039090 FORT BEND COUNTY VS. 1 JOHN R JEFFREY, ET AL February 1, 2014
SUMMER LAKES SEC 2, BLK 1, LT 39, REC'D IN SLIDE NO. 20040173*
$157,910.00
$9,000.00
12-DCV202643 03/19/13
460000297001590 FORT BEND COUNTY VS. 2011 MAGNOLIA PLACE, ACS 0.759, MORE OR LESS, PART SWE,LLC 7 OF BLKS 297 & 298, CLERK'S February 1, 2014 FILE# 2006111897*
$60,580.00
$13,700.00
(any volume and page references, unless otherwise indicated, being to the Deed Records, Fort Bend County, Texas, to which instruments reference may be made for a more complete description of each respective tract.) or, upon the written request of said defendants or their attorney, a sufficient portion of the property described above shall be sold to satisfy said judgment(s), interest, penalties, and cost; and any property sold shall be subject to the right of redemption of the defendants or any person having an interest therein, to redeem the said property, or their interest therein, within the time and in the manner provided by law, and shall be subject to any other and further rights to which the defendants or anyone interested therein may be entitled, under the provisions of law. Said sale to be made by me to satisfy the judgment(s) rendered in the above styled and numbered cause(s), together with interest, penalties, and costs of suit, and the proceeds of said sales to be applied to the satisfaction thereof, and the remainder, if any, to be applied as the law directs.
Adjudged Value (See note below)
Estimated Minimum Bid (See note below)
Style of Case
Legal Description
FORT BEND COUNTY, ET AL VS. ANGELINA DELGADO GAILEY INDIV & AS IND EXECUTRIX OF THE ESTATE OF PATRICK L. GAILEY DECD FORT BEND COUNTY, ET AL VS. VALLEY VISTA, INC., ET AL
MAGNOLIA PLACE, BLK 612 (PT), ACS 0.464, MORE OR LESS, VOL 2, PG 6*
$13,120.00
$2,000.00
BRAZOS VALLEY, SEC 3, BLK 46, LT 6 (W 41'), VOL 412, PG 287*
$3,330.00
$2,038.00
1
04-DCV-136750 04/12/13
4600006123001907
2
05-DCV-142694 02/20/08
1865030460068901
3
05-DCV-143518 08/20/13
1150000022500907
FORT BEND COUNTY, ET ARCOLA FARMS, BLK 2, LT 25, AL VS. HOMER DEWITT (N 1/2), VOL 4, PG 20* WILLIAMS
$26,250.00
$3,200.00
4
06-DCV-153824 05/12/10
3795000000001901
$2,220.00
$1,700.00
5
06-DCV-153824 05/12/10
3795000000002901
$2,220.00
$1,700.00
6
07-DCV-154849 08/20/13
7395001390010901
$23,090.00
$4,088.00
7
07-DCV-160327 05/12/10
7835000070077901
$4,090.00
$1,700.00
8
07-DCV-161215 03/27/12
0312000000004901
FORT BEND COUNTY, ET TR 1: 0.444 AC, MORE OR LESS, S 6 FT OF 10- AC TR KNOWN AL VS. BRENDA J. AS GRUNWALD HEIGHTS, HOLUB, ET AL HENRY SCOTT LEAGUE, ABST 83, VOL 280, PG 596* FORT BEND COUNTY, ET TR 2: 0.444 AC, MORE OR LESS, N 6 FT OF 10- AC TR KNOWN AL VS. BRENDA J. AS GRUNWALD HEIGHTS, HOLUB, ET AL HENRY SCOTT LEAGUE, ABST 83, VOL 280, PG 596* FORT BEND COUNTY, ET CITY OF RICHMOND, BLK 139, AL VS. CORLISS JOY LT 1, VOL 8, PG 3 (ACCT # EVANS NKA CORLISS J. 7395001390010901/739500139001 BARNES, ET AL 1 FORT BEND COUNTY, ET LTS 7 & 8, BLK 7, ROSENBERG AL VS. HANNIBAL SUB'D, VOL P, PG 146, SAVE RODGERS, ET AL AND EXCEPT THE EAST 30 FT VOL 253, PG 586* FORT BEND COUNTY, ET 0.14 AC, MORE OR LESS, G.M. STONE SRVY, ABST 312, CLK'S AL VS. RONALD FILE NO. 8509607* BEAUCHAMP, ET AL
$1,000.00
$1,000.00
9
08-DCV-162036 10/14/09
4600006112000907
$8,760.00
$2,000.00
10
09-DCV-176089 08/20/13
0085190033400903
$20,500.00
$2,500.00
11
09-DCV-177213 09/10/13
3010010020011901
$4,580.00
$2,714.00
Cause # Judgment Date Struck-Off On
Sale #
Account Number
FORT BEND COUNTY VS. WANDA CHATHAM BAXTER, AKA WANDA WILLIAMS, ET AL FORT BEND COUNTY VS. BESSIE MAE SPATES
MAGNOLIA PLACE, LT 611, ACRES 0.319, MORE OR LESS, VOL 655, PG 415*
ABST 85, SHELBY-FRZMCCORM, LEAGUE, ACS 4.00, MORE OR LESS, SEC 19, UDI 50%, VOL 652, PG 63* FORT BEND COUNTY VS. DAVE FIELDS S/D, BLK 2, LT 1 YASHICA HUTCHING, ET (N 1/2) & LT 2 (N 1/2), VOL 230, PG 266* AL
Style of Case
Legal Description
FORT BEND COUNTY VS. RESIDUE OF .25 AC, MORE OR LESS, LT 4, BLK 29, COCHRAN R. D. ADKINS AND MCCLUER LAND CO. SUBD, VOL 58, PG. 76.* FORT BEND COUNTY VS. RIDGEMONT SEC 2, ACS 2.159, 125' WIDE PIPELINE ESMT CG 233, INC. (GULF OIL CORP) (HLA), VOL 10, PG 11* FORT BEND COUNTY VS. ABST 58, I MCGARY LEAGUE, 0.22 ACRES, MORE OR LESS, JAMES JONES, A/K/A CLK'S FILE NO. 8615082* JAMES E. JONES, SR., DECEASED, ET AL FORT BEND COUNTY VS. ABST 58, I MCGARY SRVY, ACS MARIAN BOWLIN BALL 0.17, MORE OR LESS, VOL 496, PG 400*
12
10-DCV-178123 06/22/11
0170860290402907
13
10-DCV-182216 09/11/12
6250020000302907
14
10-DCV-183322 02/19/13
0058009601300908
15
11-DCV-187694 05/21/13
0058001650000908
16
11-DCV-189337 08/13/13
0058006900020908
17
11-DCV-189562 08/13/13
0071002900001908
18
11-DCV-190684 04/09/13
4600006104010907
FORT BEND COUNTY VS. 0.4638 ACRES, MORE OR LESS, SAM PAUL HILL, ET AL MAGNOLIA PLACE, LT 610 (PT), VOL 2, PG 6 & VOL 235, PG 96*
19
11-DCV-190835 08/13/13
7835000110040901
20
11-DCV-191506 06/19/12
7835000120070901
FORT BEND COUNTY, ET AL VS. IRMA MELANIE FULLER , AS ADMINISTRATRIX OF THE ESTATE OF IDA M. EVANS, DECEASED. FORT BEND COUNTY VS. H. T. MORGAN
21
11-DCV-191521 04/18/13
4600006123010907
22
11-DCV-191523 10/23/12
7835000250086901
23
11-DCV-192497 08/13/13
24
Adjudged Value (See note below)
Estimated Minimum Bid (See note below)
$8,750.00
$1,974.00
$29,150.00
$2,400.00
$4,150.00
$2,179.00
$3,250.00
$1,834.00
ABST 58, I MCGARY LEAGUE, TR 3A, 0.715 ACRE MORE OR LESS, VOL 512, PG 482*
$11,460.00
$3,300.00
ABST 71, E POWELL LEAGUE SURV, 0.565 ACRES, MORE OR LESS, CLK'S FILE #9420038*
$10,620.00
$2,000.00
$13,120.00
$2,500.00
ROSENBERG , BLK 11, LT 4, VOL P, PG 146*
$4,650.00
$2,067.00
ROSENBERG , BLK 12, LT 7, VOL P, PG 146-147*
$7,500.00
$2,200.00
FORT BEND COUNTY VS. MAGNOLIA PLACE, BLOCK 612 PT, ACRES 0.170, MORE OR JOYCE WATTS BASS LESS, VOL 2, PG 6 & VOL 638, 835* FORT BEND COUNTY VS. CITY OF ROSENBERG , BLK 25, LT 8 (S 1/2) & LT 9, VOL P, PG GUADALUPE LIRA, ET 146.* AL
$5,730.00
$2,155.00
$6,980.00
$2,091.00
4685000010090901
FORT BEND COUNTY VS. LADWIG ADDN, BLK A, LT 9, VIOLA WATSON, ET AL VOL "I", PG 586*
$1,910.00
$1,700.00
11-DCV-192549 11/20/12
4055000020092901
FORT BEND COUNTY VS. HIGHWAY ACS, BLK 2, LT 9 (PT), (9.4 X 210),VOL 237, PG JOHN URBAN, ET AL 437*
$2,840.00
$2,200.00
25
11-DCV-192552 08/13/13
8865000240041901
FORT BEND COUNTY VS. HILLYER'S REPLAT, TINKER ADDN, BLK 24, LT 4 (N 3'), VOL LEE JAY BEARD 44, PG 113*
$1,430.00
$1,400.00
26
11-DCV-192555 02/12/13
7835000330010901
FORT BEND COUNTY VS. ROSENBERG , BLK 33, LT 1, MATTIE RIDLEY, ET AL VOL P, PG 146*
$4,650.00
$1,925.00
27
12-DCV-199119 08/13/13
7835000100120901
FORT BEND COUNTY VS. ROSENBERG , BLK 10, LT 12, MARY A SEATON, ET AL VOL. P, PG. 146*
$4,820.00
$2,100.00
28
12-DCV-199680 09/17/13
4600005151011907
FORT BEND COUNTY VS. TR. 2: MAGNOLIA PLACE, ELLIS LAFTERY, ET AL BLK 515 (N 1/2), LT 1(N 1/2), VOL 2,
$710.00
$710.00
29
12-DCV-199680 09/17/13
4600001163120907
FORT BEND COUNTY VS. TR. 4: MAGNOLIA PLACE, ELLIS LAFTERY, ET AL BLK 116, LT 2 (E 1/2 & N 1/2), VOL 2,
$500.00
$500.00
30
12-DCV-203129 09/10/13
7835000150090901
FORT BEND COUNTY VS. ROSENBERG , BLK 15, LT 9, JIMMY PLATA, AKA VOL P, PG 146* JAMES E. PLATA AKA JIM PLATA, ET AL
$19,080.00
$3,500.00
Estimated Minimum Bid
1
5
Account Number
BY VIRTUE OF AN ORDER OF SALE
and issued pursuant to judgment decree(s) of the District Court of Fort Bend County, Texas, by the Clerk of said Court on said date, in the hereinafter numbered and styled suit(s) and to me directed and delivered as Constable of said County, I have on February 3, 2014 seized, levied upon, and will, on the first Tuesday in March, 2014, the same being the 4th day of said month, at the , Steps of the North Entry, 401 Jackson Street of the Courthouse of said County in the City of Richmond between the hours of 10 o'clock a.m. and 4 o'clock p.m. on said day, beginning at 10:00 AM, proceed to sell for cash to the highest bidder all the right, title, and interest of the defendants in such suit(s) in and to the following described real estate levied upon as the property of said defendants, the same lying and being situated in the County of Fort Bend and the State of Texas, to-wit:
Acct # Sale Cause # # Judgment Date Order Issue Date
Cause # Judgment Date Struck-Off On
Sale #
31
Cause # Judgment Date Struck-Off On
13-DCV-203810 09/10/13
Account Number
0018000000460901
FORT BEND COUNTY VS. ANDREW COLLINS, JR, AKA ANDREW CHARLES COLLINS JR, ET AL FORT BEND COUNTY VS. CHARLES RAY VINCEK, AKA C R VINCEK, ET AL
Style of Case
Legal Description
FORT BEND COUNTY VS. ABST 18, H CHRIESMAN LEAGUE, 0.13 ACS, MORE OR WELDON HILL, AKA WELDON ROBBINS HILL LESS, VOL 158, PG 484*
Adjudged Value (See note below)
Estimated Minimum Bid (See note below)
$8,750.00
$1,800.00
RECENT CHANGES IN THE PROPERTY TAX CODE NOW REQUIRE PURCHASERS OF TAX SALE PROPERTY TO HAVE A STATEMENT FROM THE FORT BEND COUNTY TAX ASSESSOR-COLLECTOR
Notes:
CERTIFYING THAT THE PERSON/FIRM/COMPANY PURCHASING PROPERTY AT A TAX SALE OWES NO DELINQUENT PROPERTY TAXES TO ANY TAXING ENTITY WITHIN THE COUNTY. YOU WILL NOT RECEIVE A TAX SALE DEED TO ANY PROPERTY YOU PURCHASE WITHOUT THIS CERTIFICATE.
All sales are without warranty, expressed or implied. Specifically, there is no warranty as to title or physical condition (including the condition or existence of any improvements). The sales are subject to any rights of redemption as provided by law.
TO OBTAIN A CERTIFICATE, PLEASE CONTACT YOUR FORT BEND COUNTY TAX ASSESSOR-COLLECTOR AT LEAST TWO WEEKS PRIOR TO THE SALE.
All volume and page references in the legal description refer to the records of the County Clerk of Fort Bend County. All prospective bidders should make their own investigation of the title held by the taxing entities and the value of the property. Prospective bidders are encouraged to consult their attorney. Prospective bidders should not rely on the "Adjudged Value" as representing the actual value of the property or any information regarding the property contained in the records of the Fort Bend County Appraisal District . Payment must be made in cash or by cashiers check. All sales are final.
Dated at Richmond, Texas, February 3, 2014.
All Sales subject to cancellation without prior notice. Constable A. J. Dorr Fort Bend County, Texas
By Deputy Notes: The Minimum Bid is the lesser of the amount awarded in the judgment plus interest and costs or the adjudged value. However, the Minimum Bid for a person owning an interest in the property or for a person who is a party to the suit (other than a taxing unit), is the aggregate amount of the judgments against the property plus all costs of suit and sale. ALL SALES SUBJECT TO CANCELLATION WITHOUT PRIOR NOTICE. THERE MAY BE ADDITIONAL TAXES DUE ON THE PROPERTY WHICH HAVE BEEN ASSESSED SINCE THE DATE OF THE JUDGMENT. For more information, contact your attorney or LINEBARGER GOGGAN BLAIR & SAMPSON, LLP., attorney for plaintiffs, at (713) 844-3576
RECENT CHANGES IN THE PROPERTY TAX CODE NOW REQUIRE PURCHASERS OF TAX SALE PROPERTY TO HAVE A STATEMENT FROM THE FORT BEND COUNTY TAX ASSESSOR-COLLECTOR CERTIFYING THAT THE PERSON/FIRM/COMPANY PURCHASING PROPERTY AT A TAX SALE OWES NO DELINQUENT PROPERTY TAXES TO ANY TAXING ENTITY WITHIN THE COUNTY. YOU WILL NOT RECEIVE A TAX SALE DEED TO ANY PROPERTY YOU PURCHASE WITHOUT THIS CERTIFICATE. TO OBTAIN A CERTIFICATE, PLEASE CONTACT YOUR FORT BEND COUNTY TAX ASSESSOR-COLLECTOR AT LEAST TWO WEEKS PRIOR TO THE SALE.