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Tractor Talk Discussion Board |
Re: Decisions, Decisions
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Posted by kyhayman on February 27, 2006 at 16:07:20 from (64.12.116.74):
In Reply to: Decisions, Decisions posted by casetractor5 on February 27, 2006 at 03:51:12:
If you are interesting in owning the place, see if you can work out an arrangement. I'd sure try to negotiate. Alot depends on how you like where you are living now vs. living there. For me, I'd make an offer on rent to own, do it right with all the right legal documents. Another question I'd ask myself is what is the heir situation. One of my friends that I went to school with did a help out on a situation like this, guy passed away with no heirs, and left him the farm. Nice 150 acre dairy farm, in a sweet location (development potential wise), worth about $1.5M when he got it, and about $4.5M today.
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