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Joined: Mar 2009
Posts: 814
Lunker
Lunker
Joined: Mar 2009
Posts: 814
To then get back to the positive, here is what I see. A piece of land that currently has a pond. This means you apparently have the proper terrain, change in elevation and water source needed. That isn't always easy to find. If the location of the property is somewhere you like (we all know the three most important things in real estate) and all the other considerations other posters have brought up, I would tend to go for it, and worry about renovating the pond down the road a few years.

Joined: Aug 2011
Posts: 90
R
R Offline
Joined: Aug 2011
Posts: 90
Originally Posted By: NCMike
You got the sale price of the property reduced?


Yes, sort of. We offered at asking price because it was a bank and the property had been foreclosed on. Being a new listing we felt as soon as word got out it wouldn't last.

After we had the dam report created, we amended the contract lowering the price and expected a counter from the bank. No counter. They accepted our amended price.

-RFL

Joined: Sep 2008
Posts: 888
H
Lunker
Lunker
H Offline
Joined: Sep 2008
Posts: 888
NCMike, I would like to apologize to you for hijacking your thread. I'll try not to let it happen again.

gwa has a right to say his beliefs but he should thank the people who gave him that right....Not a derogetory(sp)bragging comment about someone affected by Agent Orange!!!


Sorry NCMike, I did it again. I won't post on your thread again.

But I did look at your pictures and it looks like a beautiful piece of property. Good luck to you.

Last edited by hang_loose; 10/04/12 01:17 AM.
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