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Purchase-offer contracts need to define the seller and what the seller owns

Buying country property raises a number of issues for buyers that differ from those commonly faced when pursuing a house in or near a city. These issues take on legal importance when they are threaded into the language of a purchase-offer contract.

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Seller-supplied timber values: Trust (a little) and verify (a lot)

Timberland buyers need to figure out what a tract’s timber is worth before they submit a purchase offer.

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Sizing up and pricing down a nice little place in the country

I looked at an older farmhouse on 40 acres last week that has…issues. It was built around 1890 in the boxy three-over-three style common in its area.

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Is timberland overpriced? If so, what to do?

It’s a rainy, miserable Saturday afternoon. I’ve just spent several hours looking through some 1,200 timberland listings on www.landflip.com. I’ve also scanned other Internet sites.

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Real-estate investing: Don’t buy a stinker

A good deal is often defined as buying something for less than the seller’s asking price. Sometimes that’s true. Sometimes, it isn’t.

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