Author Topic: (Update part 1) Land Ho! ....maybe  (Read 4171 times)

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Offline Jared Drake

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(Update part 1) Land Ho! ....maybe
« on: April 05, 2009, 04:06:05 PM »
I've been on this site for a few years now. Sometimes a lot, sometimes not. I finally found some land but the trashy neighbors made it a bummer for my wife. Well, today I found some more land that had been repossessed by the bank and is being offered cheap. 11.5 acres offered for 7 thousand. Another 5 acres that attaches to the 11.5 acres and then another 10 right across the small lane. Mostly hollow, but with enough flat land for a cabin/house. Very far out into the country, so we made an offer. The realtor was pretty confident that the bank would take 7 thousand for the 16.5 connecting acres. (Actually, the connecting 5 acres and 10 acres aren't listed with a realtor; they're just a 'make offer' option.) So we decided to make an offer of 10 thousand for the whole 21.5 acres. I half expected the realtor to advise me to increase my offer a bit, but all she said was that she would call them Monday and get back with me. Apparently, they're desperate to get rid of it. They've had and accepted two other offers, but the offerers didn't want to wait the 60 days it would take to get possession of it. I'm willing to wait. Wish me luck!
Jared
« Last Edit: April 09, 2009, 03:32:31 PM by Jared Drake »

Offline John_M

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Re: Land Ho! ....maybe
« Reply #1 on: April 05, 2009, 04:39:21 PM »
Good Luck!!!   :)
...life is short...enjoy the ride!!

Offline Jared Drake

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Re: Land Ho! ....maybe
« Reply #2 on: April 07, 2009, 04:43:39 PM »
The bank accepted our offer. Aside from the closing cost, we're giving ten thousand for 26.5 acres. I'm excited and ready to take possession of it, which will be at least 60 days because they have to do a quiet title lawsuit. I'll hopefully remember to update in a few weeks when I get it in my name so I can start clearing land and checking for deer.  ;D
Jared

Offline MountainDon

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Re: Land Ho! ....maybe
« Reply #3 on: April 07, 2009, 04:48:29 PM »
 [cool]  That'll be one of the longest 60 days you live through.  ;D  Been there done that, and for longer. But it seems like you are in the home stretch.  :D
Just because something has been done and has not failed, doesn’t mean it is good design.

Offline Source_to_Sea

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Re: Land Ho! ....maybe
« Reply #4 on: April 08, 2009, 03:39:56 AM »
That's awesome! Now just sit back and relax for 60 days (good luck with that ;))

Offline glenn kangiser

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Re: Land Ho! ....maybe
« Reply #5 on: April 08, 2009, 05:25:34 AM »
Sounds great, Jared.

I find that is the best way to get things you need - don't get in a hurry.
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Offline Jared Drake

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Re: (Update part 1) Land Ho! ....maybe
« Reply #6 on: April 09, 2009, 03:34:12 PM »
We got a plot map and went back to the land today. Turns out we were looking at the wrong 10 acre parcel last Sunday. We found the real 10 acres that we'll be buying and as it turns out, there's already a well and power pole on the property because there was once a mobile on it. Plus, we found two instances of deer scat and lots of trails. Hopefully there'll be happy hunting in my future.
Jared

Offline glenn kangiser

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Re: (Update part 1) Land Ho! ....maybe
« Reply #7 on: April 09, 2009, 08:12:53 PM »
Sounds better.
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Offline ScottA

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Re: (Update part 1) Land Ho! ....maybe
« Reply #8 on: April 10, 2009, 11:43:18 AM »
Be careful about building in a hollow. My brothers old place was in a hollow and they had a flash flood last year that just about washed them away. Good luck with the land the price sounds fair.

Offline glenn kangiser

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Re: (Update part 1) Land Ho! ....maybe
« Reply #9 on: April 10, 2009, 11:47:31 AM »
A bit up on the side of a hollow could be good.

Don't you guys call them "Holler's" hmm
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Offline ScottA

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Re: (Update part 1) Land Ho! ....maybe
« Reply #10 on: April 10, 2009, 11:52:23 AM »
That's what the hill folk call them glenn. Us sofisticated types call them hollows.

Offline glenn kangiser

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Re: (Update part 1) Land Ho! ....maybe
« Reply #11 on: April 10, 2009, 11:56:33 AM »
OK - I was thinking of Lil' Abner. [rofl2]

"Always work from the general to the specific." J. Raabe

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Offline Jared Drake

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Re: (Update part 1) Land Ho! ....maybe
« Reply #12 on: April 14, 2009, 02:41:45 AM »
I even tend to shy away from "hollow". I use "ravine" or "draw". We plan on building on the hill, just as it starts to break and slope downward. Not actually in the bottom. That's where the stream is and that's where I'm most likely to kill deer and turkey. I won't risk running the wildlife off.
Jared

Offline glenn kangiser

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Re: (Update part 1) Land Ho! ....maybe
« Reply #13 on: April 17, 2009, 08:52:57 PM »
Gold country here-- they are gulches....
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Offline curlewdave

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Re: (Update part 1) Land Ho! ....maybe
« Reply #14 on: April 18, 2009, 04:59:34 AM »
Up here we call 'em draws or swails, depending on the shape...

 

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