Quote Originally Posted by TIGERJC
They already do that. If it benefits the gov't in anyway, they could seized you propery for fair market value
You're absolutely correct.

The catch is.....guess WHO sets "fair market value"????

THAT is the real problem with Eminent Domain. They knock on your door and offer you peanuts because they have a developer itching to turn your 1 house/1 tax bill into 10 houses/10 tax bills, so the gov't is all for that. If you don't take those peanuts for your property, they can condemn the property and later take it. So you're either gonna take a little now or even less later. Good choices, eh?