Layout:
Home > Land sale!

Land sale!

July 23rd, 2011 at 05:26 pm

WE attended another land sale this morning. For some reason, about 3-4 years ago, everyone decided that this area was the place to live and dozens of new subdivisions were developed.
The developers put very high prices on all of the lots and the land just did not sell. So, now the bank is foreclosing and taking all the land back.
This is our 5th time to attend and we have bought land at 4 of these sales.
I think we got a pretty good deal on all 4 lots, buying them at less than half of their original price.

I really did not think we would buy any more land, but this was too good a deal to pass up. We got an acre on a creek AND with a view! That is almost impossible to find around here. This is where we will build our next spec house after we finish and sell the one we just started this week.

I had two no use gas days in a row, the braves won twice and the stock market went up. That is $7 more to the $20 challenge.

Prev. total $12,898.00
today 7.00
new total $12,905.00

1 Responses to “Land sale!”

  1. Jerry Says:
    1311946845

    Nice job looking for bargains on the land, it sounds like it really did lead to a great bargain... property with a creek and a view will have some insurance that it can maintain value over the long haul, whether you keep it for your own place or decide to sell later. Enjoy!
    Jerry

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]