Here is the scenario:
Purchased 20+ acres with 1,800 sqft house in great condition just 10 days ago.
Received a call that a rail company wants to purchase my property after seven days of ownership.
20+ acres were surveyed out of a larger 85+ acre tract that owners want to sell to us when we are ready. All items aside, these people are honest and are protecting us from being surrounded by the rail yard. No worries on their intentions.
Realtor that contacted me has tried to put both of us against each other by telling each of us the other had agreed to sale.
My original response was they could agree to twice our purchase price ($300k * 2 = $600k). He played the game a little more and put some outright lies out there to make me believe this rail project was a done deal (there is a 180 acre tract to the north that may be under a feasibility period but no contract).
This guy showed his hand and it is imperative they have both pieces from us to have the project work.
We like the property a lot. We have spent nearly a year getting to this place in our lives. Don't want to move again, yada, yada, yada. But if the price is right, I could buy a place that has everything we have right now and possibly more. The $600k may not work for that because we want to stay in the area and no much is available.
So what would you price it at?
Purchased 20+ acres with 1,800 sqft house in great condition just 10 days ago.
Received a call that a rail company wants to purchase my property after seven days of ownership.
20+ acres were surveyed out of a larger 85+ acre tract that owners want to sell to us when we are ready. All items aside, these people are honest and are protecting us from being surrounded by the rail yard. No worries on their intentions.
Realtor that contacted me has tried to put both of us against each other by telling each of us the other had agreed to sale.
My original response was they could agree to twice our purchase price ($300k * 2 = $600k). He played the game a little more and put some outright lies out there to make me believe this rail project was a done deal (there is a 180 acre tract to the north that may be under a feasibility period but no contract).
This guy showed his hand and it is imperative they have both pieces from us to have the project work.
We like the property a lot. We have spent nearly a year getting to this place in our lives. Don't want to move again, yada, yada, yada. But if the price is right, I could buy a place that has everything we have right now and possibly more. The $600k may not work for that because we want to stay in the area and no much is available.
So what would you price it at?