LandThink

Once a buyer has defined the acreage and boundaries of the seller’s property legally and on the ground and determined the nature of the seller’s ownership, the question of offering price presents itself.

I’m trying to figure something out: With rural property showing for-sale signs rusting in place, why haven’t sellers lowered asking prices and offered financing?

Conservation easements vary a lot, although all are supposed to serve some public interest. Some are sold, but most are donated. They are usually sold or donated in perpetuity, though some have limited terms.

Buyers of country property always ask, “What’s the right money to pay?” They often seek an answer in three ways. One approach is to assume that the buyer’s right money is roughly 15 percent less than the seller’s asking price.