Seller willing to contract 250 Acres, need help - Posted by Rob A.(PA)

Posted by Brent_IL on February 13, 2002 at 10:06:44:

Farm land is farm land. If it was in a prime area for residential subdivision it wouldn’t be cheap. You can try talking to farmers in the area to see what they know, or if anyone has an interest in buying or renting the land.

Unless you can hook up with a developer to build 200 houses, you may as well sell it by the square foot.

I can think of no one that needs 1 acre in the middle of a farm.

This is only one opinion.

Seller willing to contract 250 Acres, need help - Posted by Rob A.(PA)

Posted by Rob A.(PA) on February 13, 2002 at 08:09:46:

I have been told about a 250 Acre Farm that a friend of mine wants to sell.

Question:

How can I sell the land seperately, by the acre ?

Or do I need to sell the whole 250 acres ?

I have no money to subdivid, let alone purchase.

This is land in a very prime area, selling cheap (per acre price)

Is this a deal that I should take on ?

Any help is appriciated…

Don?t buy the farm unless you have a plan - Posted by Lloyd Cook, Los Angeles

Posted by Lloyd Cook, Los Angeles on February 13, 2002 at 22:39:33:

Don?t buy the farm unless you have a plan and money. To sell off small portions of the land you need to check with the local city or county on what their requirements are. It may be that the original 250 acres are already comprised of many ?sellable? separate parcels that may be sold separate.

If you have no experience in this area then you should just pass.