EllaEnchanted
<font color=darkturquoise>iDIS...resistance is fut
- Joined
- Oct 8, 2006
- Messages
- 15,041
Good morning all...looks like another beautiful day here in the mountains. Today is mom's doctor appointment, so I'm up early and going to get ready for that soon.
Anybody know anything about real estate...specifically land...we own a five acre lot in Delaware and we got a letter saying that the owner of the five acre lot next to ours wants to purchase 30 feet of road frontage from us. His real estate agent said he wants to build two houses on his lot and sell them. In order for him to comply with county zoning requirements, he needs more road frontage. We said we would entertain the idea of helping him out, even though we were not interested in selling any of our land. I asked how he would draw the line to do the split. Would he go straight back to the end of the property and keep a straight line or what? The real estate agent said she would have to check with the county and get back to us. Anybody have any experience with anything like this?
John and I said even though we don't want to sell any of our land, if we were to do it, we could probably collect a nice little payoff. Cha ching. We bought the land for $64k and it appraised for $90k. Then we got a petition to sign in the mail saying that a local company wants to provide water and wastewater services. That will increase our value. I told John even if it's not a lot of money, it could at least be enough to pay for this trip. So we are considering it. What do you all think, should we do it?
John said he wants to meet him face to face, ask questions and shake his hand before he decides anything. So it looks like we will definitely be running away for the weekend at the beginning of May. We could set up a meeting while we're there.
Time to go get ready for mom's appointment. Have a great day everyone...it's hump day...getting over the hump of the week!
Anybody know anything about real estate...specifically land...we own a five acre lot in Delaware and we got a letter saying that the owner of the five acre lot next to ours wants to purchase 30 feet of road frontage from us. His real estate agent said he wants to build two houses on his lot and sell them. In order for him to comply with county zoning requirements, he needs more road frontage. We said we would entertain the idea of helping him out, even though we were not interested in selling any of our land. I asked how he would draw the line to do the split. Would he go straight back to the end of the property and keep a straight line or what? The real estate agent said she would have to check with the county and get back to us. Anybody have any experience with anything like this?
John and I said even though we don't want to sell any of our land, if we were to do it, we could probably collect a nice little payoff. Cha ching. We bought the land for $64k and it appraised for $90k. Then we got a petition to sign in the mail saying that a local company wants to provide water and wastewater services. That will increase our value. I told John even if it's not a lot of money, it could at least be enough to pay for this trip. So we are considering it. What do you all think, should we do it?
John said he wants to meet him face to face, ask questions and shake his hand before he decides anything. So it looks like we will definitely be running away for the weekend at the beginning of May. We could set up a meeting while we're there.
Time to go get ready for mom's appointment. Have a great day everyone...it's hump day...getting over the hump of the week!

