What do you consider cheap land in 40 acre chunks?

LOL PONY I think Et1 S is being conservative.

54 Acres High Desert/Low Scrub Veg/Good water 130'/3 miles off main road
$25K
Nearest town 20 min/Nearest town with jobs 1.5Hours
Thats what I'm selling my wife on, LOL

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Please forgive Typo's and Gramatical Errors as a result of public education

"That's the governments job. To meddle and interfere equally" - Reynolds

Here's an example: http://www.ozarkland.com/

Wow--he get's around--lol. a link to Neil's land from Korea !!

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In Life, We Weep at the thought of Death'
Who Knows, Perhaps in Death,
We Weep at the though of Life.

Experience.

I sold a building in Washington, through a realtor. I was stationed overseas and signed up with a local realtor. Whatever I said, they insisted on running the price up to the sky, saying that with offers we could always come back down. It sat on the market for four years. I wrote them letters, and called every couple months, to find out why it was not selling. But the realtor was blinded by her own greed. After I got back stateside, and signed with another realtor, who listed it at my original purchase price plus 20%, it sold immediately.

Then here in Maine, when I was shopping for a farm. I did try the local realtors. I did search through the MLS. I found very few places that I could afford. I came up here two summers, driving around looking at places and meeting with realtors. It was not until I finally broke down and called a phone number on a sign nailed to a tree, that I found cheap property. Now I am tapped into the locals and they do sale property for 50% of what property gets listed on MLS at.

Right now today:
I just went to "Realtor.com" and typed in my zip code.
$19,700 for 1.4 acre lot,
$19,900 for 1.09 acre lot,
$29,900 for 1.98 acre lot,
$33,000 for 1.04 acre lot,
$35,000 for 3 acres,
$39,900 for 1.66 acres.

Whereas right now across the road from me, and a mile South is a 40 acre parcel asking $30k, and behind it is 345 acres asking $300/acre.

It has been my experience that a realtor will insist on bumping the selling price up until nobody can afford it, to increase their commission and raise prices.

You do not need to pay 'points', there is no need for it.

LOL

WOW and at only 9% interest too.

Wow. {shaking ------ That really stinks.

I'm sorry that your experience has been like that. I've usually had good experiences with realtors around here. The only time I had a negative experience was when a realtor was pushing me to sign a contract, and I told the greedy you-know-what realtor that I would NEVER do business with him, and would let everyone I knew about how unethical he was.

No one pushes the Pony. Hmph!

Good thing you know how to hunt out a good deal in your area!

Pony!

I have bought and sold property in California, Scotland, Connecticut, Washington, and Maine. I really do not see much difference in the industy in any of those places.

There are places to get 40 acre parcels for under $100/acre. In particular, look at the Gamble District in eastern Elko County, located in northern Nevada. If you know what you're doing you can get 40 acre parcels for around $2000 (about $50/acre). The water is good, but you'll be off-grid and good tree cover is rare.

And how much do you think she will bring?

LOL SUCH A BASIC TRUTH!!
I think there have been a few threads on this before
I know Ive posted on this too.
Its sorta like any good deal the better the deal the less advertizing you have to do.

True it has been discussed many times.

Yet folks will still continue to boast of their realtor, and post realtor sites, claming that those are the best deals in town.

In some areas realtors can be a good resource Its time verses dollars.Some are honest but they are seldom presented with the good deals. And if you are not in the local area its hardto make the connections

In this area with land seeling in the $2500 to $3500 range for acreage I just missed a sale of $350 .The guy who it was offered for called my son and asked him if it was a good deal .When my son called me to find out where it was I said who cares BUT BUY IT NOW! (I knew where it was at) he called the guy back . He said too late I realized what a dumby I was to even think about it so I called them right back they have already sold it .So I offered to buy it from that guy he had already sold it and that guy had too.
In short this land went thru 5 hands and from $350 to $1500 in 5 minutes! Its actually over priced at that and it would have been most valuable to the very first guy since he has access from his property, its both land and water locked

Yes they can.

With the help of realtors, I did learn more about areas, and they gave me maps.



I do not mean to malign the profession. I do not think that any of them that I have dealt with have ever been truly 'dishonest'.

So in that case, as far as I know they have always been honest.

Routinely they do not want to know much about a property, as they would then be held accountable for that knowledge. A used car dealer can know what is wrong with a car, and not tell you, and that is legal. Realtors do not have that luxury.

I found that the quick method of 'making connections' has been to drive all of the roads across a county, looking, writing down phone numbers on signs and talking to folks in diners.

In both cases:
a. Folks who put up a sign on a property with their phone number, commonly have multiple properties they are selling.
b. Folks in local diners, have always been full of information about which local is selling what.



Middle men make money.