
03/20/15, 04:25 PM
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Join Date: Jul 2013
Location: In an RV... Crossville, TN right now
Posts: 1,631
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I see what you're saying. I see that a lot in the area we've been looking in. People will put a ridiculous price on a piece of property and will not budge on the price, even after years of sitting on the market. They're willing to wait on that "sucker" to come along. They won't drop the price. They'll just sit on it.
I know of 23 acres right now that's mostly pretty good land, nothing all that special, about half of it in hay, the other half steep and wooded. Price is $129k. Only one small barn on it and some fencing. I think it's going on 3 years now and the price is still the same, and not particularly negotiable. I've known of dozens of places along a major road (at least major for the area) that are always for sale. Again, sucker prices. They'll sell if the sucker comes along. Otherwise, it's just perpetually for sale.
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