Dale Davis - Alta Iowa’s Blind Bowler Has 4 New Lanes

Alta, Iowa has become famous over night; the reason is 79 year old Dale Davis.  Dale is blind, but man he can bowl, he bowled the first perfect game Century Lanes has ever seen - but I don’t think it will be the last.  Dale bowls at Century Lanes located on Main Street in Alta.  Dale is a slight man, a veteran and he is legally blind.  His nickname is “The Hammer” and he spends his time with his sister Thelma and his little dog. 

Clem LeDoux, the owner of Century Lanes, is expanding and adding 4 more lanes and Dale has a new pair of bowling shoes he plans on try out as soon as the work is done.  That work should be completed this weekend, Dale will most assuredly be one of the first bowlers to try the new lanes out. 

A little about Alta: Alta, Iowa is a small community, just 4 miles west of Storm Lake, it is a close knit community where everyone looks out for each other.  Unlike the bigger areas out real estate market is still going strong.  Kids can play outside safely and long walks hold only the threat of a sunburn.  Alta is my home, and if I had known there was a place like Alta I would have raised my boys here.  This is a place where people still worship in God’s house on Sunday, and God’s house is the place where the Word of God comes alive through all the inspired words of the Bible. 

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Principal Residence Debt Forgiveness Income Relief - Nuts, Bolts and Opinions

I just sat through a great class - Tax Update was the topic - yeah I know sounds absolutely horrible but it wasn’t!  I learned a lot and one of the top things is about this new provision for taxpayers who get into mortgage trouble and get foreclosed upon.  The points that I think (I am not an accountant - call yours or go on line and learn more) are the most important are as follows:

1) It is included in the 2007 Mortgage Relief Act

2) The income forgiveness amount is insane, no income on debt forgiveness up to $2,000,000 - that’s 2

    Million

3) The loan can only be secured by the tax payer’s principal residence

4) This relief applies currently to debts discharged from January 1, 2007 through December 31, 2009

5) Second mortgages and equity loans are not included unless the money went towards home

    improvement, in most cases it applies to original purchase plus improvements

6) All debt forgiveness reduces the residence cost basis dollar for dollar.

How do you feel about this, I don’t like it - I don’t think this is going to help anyone especially taxpayers.  What is going to stop the foreclosed buyer from going out and doing it again?  Much in the same way there is nothing in place to make greedy irresponsible financial companies from taking advantage of financially uneducated buyers who trust them. 

Can I hear a AMEN to making all financial companies have a fiduciary duty to their clients?  The CEO’s and companies who have written the lion’s share of these defaulting loans should be held criminally and financially liable. What would that do; put a few of these predators (yes that’s what they are) in jail and I bet word will spread pretty fast that the American public is not going to just sit on their hands and let this happen again. If that doesn’t work maybe we need to bring back public flogging and stocks to all those greedy enough to risk the stability of our country!

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Great Vacation Spot - Storm Lake, Iowa

Are you looking for a family vacation spot that is peaceful, has great food, and entertainment for everyone? Storm Lake, Iowa and the surrounding area are  home to some very friendly people.  If you want a really special vacation, you  need to come to Storm Lake, Iowa.  Once you’re here, check out the great buys on homes and all the advantages that Storm Lake offers, you may never go home!  Additional community information and properties can be viewed at www.GeorgiaWeaver.com .  Stay at King’s Pointe and enjoy the water park and the lake or camp next to the lake. Maybe try your hand at windsurfing and don’t miss the wind turbine farms.

http://www.slrealtycheck.com/LocalAreaandPointsOfInterest.html

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