Thursday, November 4, 2010

Bummed...

Well...we've been looking @ almost 32 acres of woods close to our house. It has a great place to build & the utilities are already there. We've walked it a few times & we really like it!! It does have some draw backs...no mineral rights & it has a junked trailer that we would have to get rid of (somebody would probably buy it for a song & dance...but to me it's an eye sore). The asking price was set at $137,000 Knowing what we do about the whole mineral rights and such we made a low offer of $107000. I thought that was a high offer considering some things but it was fair. So yesterday we got a counter offer of $120,000. Still no mineral rights & out of our price range. We are sending our offer again of the $107,000 to make a point of that is our offer.

Well...in the meantime we've found out that refinancing our house is going to cut into the down payment money :( And the dollar figure the owner is going to get off the coal (which is part of the mineral rights) is sickening. Plus w/a few other things we have found out about the land & refinancing...I think somebody is sending us signs. It's hard to listen to them when you want something soooooo bad but we have to.

I just pray that one of these days the right piece of ground comes up for sale. Until then...we'll keep looking :)

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