Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Every Thing Else Board
Land Swindlers
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Travlr" data-source="post: 1841351" data-attributes="member: 42463"><p>One of my real estate deals was two adjoining parcels owned by the same elderly woman. Part of the deal is that I got an option on the piece I wasn't buying for a set (asking) price, and right of first refusal... so basically had the option of buying the property at the set asking price at any time, and I could buy it first if there was another offer.</p><p></p><p>Two years later I sold the first acreage for almost six times the price I paid and the adjoining parcel hadn't sold. The lady had never really tried to sell it after we made the deal, I think expecting me to buy it. But I couldn't take advantage of the deal we'd made. It just wouldn't have been right for me to buy that property for the price it had been valued at two years prior... and now worth six times as much.</p><p></p><p>I sent her a bunch of flowers and a note, telling her that her land was now worth a lot more and that she should get $$$ for it, and releasing her from our deal. I think I sleep better for it. But sometimes I don't sleep for it too...</p></blockquote><p></p>
[QUOTE="Travlr, post: 1841351, member: 42463"] One of my real estate deals was two adjoining parcels owned by the same elderly woman. Part of the deal is that I got an option on the piece I wasn't buying for a set (asking) price, and right of first refusal... so basically had the option of buying the property at the set asking price at any time, and I could buy it first if there was another offer. Two years later I sold the first acreage for almost six times the price I paid and the adjoining parcel hadn't sold. The lady had never really tried to sell it after we made the deal, I think expecting me to buy it. But I couldn't take advantage of the deal we'd made. It just wouldn't have been right for me to buy that property for the price it had been valued at two years prior... and now worth six times as much. I sent her a bunch of flowers and a note, telling her that her land was now worth a lot more and that she should get $$$ for it, and releasing her from our deal. I think I sleep better for it. But sometimes I don't sleep for it too... [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Every Thing Else Board
Land Swindlers
Top