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Successfully purchasing land from an individual that is not for sale
Posted on 12/23/16 at 3:07 pm
Posted on 12/23/16 at 3:07 pm
My SO and I are currently looking for land to build a home on. There is a 20 acre tract of land north of Sulphur that we are extremely interested in. I did some research and found who the owner is and other information on the property. The land is not actively being used for anything. The grass is about hip high and it is not fenced. The owner does have more property adjacent to it that is used for grazing cattle and has a house pad on it.
It is currently not for sale.
Has anyone ever successfully approached a land owner about land that is not for sale and they agreed to sell it? If so, how did you go about making the offer?
Bonus: the land owner is a pastor at a local church.
It is currently not for sale.
Has anyone ever successfully approached a land owner about land that is not for sale and they agreed to sell it? If so, how did you go about making the offer?
Bonus: the land owner is a pastor at a local church.
This post was edited on 12/23/16 at 3:12 pm
31
Posted on 12/23/16 at 3:08 pm to eyepooted
He's probably not interested
Posted on 12/23/16 at 3:10 pm to eyepooted
Well considering it's not for sale, he probably doesn't want to sell it. You could make him an offer above market value if you really like the land, but it seems like you could just find some property that's actually for sale.
Posted on 12/23/16 at 3:11 pm to eyepooted
Offer 1.5x-2x market value and he will probably still.say no
Posted on 12/23/16 at 3:11 pm to eyepooted
In. There are a few acres down the road from me that my wife and I want to buy. There is a trailer on it currently, but has only been there since the flood. It was empty for years before that.
Any success stories?
Any success stories?
Posted on 12/23/16 at 3:12 pm to eyepooted
Well unless the person was considering putting it up for sale, you're going to overpay for it, significantly if he has any vested interest in it.
Probably family land that's shared by several kids.
Probably family land that's shared by several kids.
Posted on 12/23/16 at 3:13 pm to eyepooted
You're going to have to offer him a significant amount over the normal market value
Posted on 12/23/16 at 3:14 pm to eyepooted
Call the landowner and tell him you're interested. Worst case is he tells you it's not for sale.
Posted on 12/23/16 at 3:15 pm to The Pirate King
quote:
Probably family land that's shared by several kids.
It isn't. There is one owner, per CPPJ website.
Posted on 12/23/16 at 3:15 pm to eyepooted
Everything is always for sale.
Posted on 12/23/16 at 3:15 pm to JoePepitone
Yep. Everyone has a price when it comes to land
Posted on 12/23/16 at 3:15 pm to eyepooted
Everything is for sale if you have enough money.
Posted on 12/23/16 at 3:16 pm to eyepooted
Is it a historic site?
Posted on 12/23/16 at 3:17 pm to eyepooted
quote:
Bonus: the land owner is a pastor at a local church.
It's going to cost you several years of sexual favors, both giving and receiving. You're prepared for that as a family?
Posted on 12/23/16 at 3:17 pm to eyepooted
Start at 25% above MV.
Posted on 12/23/16 at 3:18 pm to eyepooted
Probably not interested but you never know. I sent a letter through the mail to the owner of a 25 acre tract of land bordering the rear of my property. I explained my interests and reason for wanting to purchase, along with a fair offer I told them I would pay in cash. They accepted. You don't want to come off as pushy or creepy, so an old fashioned letter is the way to go. Worked for me and hopefully it will for you too.
Posted on 12/23/16 at 3:20 pm to eyepooted
Do the due diligence/ market research to establish the proprties worth,
Set up a meet and greet with owner to feel him out.
Research owner's finances to determine current status and make an initial written offer based on his current need for cash.
Try to depict your potential future use of the property as beneficial to his adjacent property value with minimum impact on his continued enjoyment use of his land.
Don't take no for an answer!
Good luck.
Set up a meet and greet with owner to feel him out.
Research owner's finances to determine current status and make an initial written offer based on his current need for cash.
Try to depict your potential future use of the property as beneficial to his adjacent property value with minimum impact on his continued enjoyment use of his land.
Don't take no for an answer!
Good luck.
Posted on 12/23/16 at 3:27 pm to eyepooted
quote:
Successfully purchasing land from an individual that is not for sale
We stopped selling individuals in this country about 150 years ago.
Posted on 12/23/16 at 3:28 pm to eyepooted
become acquainted with what property sells for in that area
make him an offer based on that
all he can say is no
make him an offer based on that
all he can say is no
Posted on 12/23/16 at 3:31 pm to eyepooted
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