Ep84: Why we didn't buy 2 acres for $1500 adjacent to our homestead 

It seemed like the right thing to do.

I should have you writing my scripts in the future....

It took 8 minutes to explain that? Thanks bud.

You covered the main reason as the third reason for not buying this .. clean title / easement dispute with the gas company, which would be my #1 reason .. I continued watching thinking there may be an environmental issue or some weird mineral rights covenant.

Thx so much. This ont was boooooring.

Rude

Survey, closing costs, etc etc. adds up to its a hassle unless buyer will pay all that plus asking price.

Dennis St.Germaine you’re correct. Owning property is great but it also comes with a lot of hassles. Tax, insurance, crazy environmental codes, the attractive nuisance law if its assessable by kids. You can’t just buy it and forget it. He did the right thing in this case, looking at the level of baggage the real estate carried.

It is very quiet most of the time. Thanks HNY to you as well!

I seem to always do something someone dislikes. Thanks for watching!

Some might hit dislike button by accident.. WELL DONE sir for proposing your neighbor to buy this property and add to his ..Nice family and work ethics , new subscriber from Patras Greece , owner of a little farm

If you guys stop trying to include god in overthinking, people might be more willing. Nobody is into religion anymore.

Problem with that is you may not like the price he wants, OR it may be left to heirs who could care less about the handshake. Thing to do is DON'T have a house that close to the line if you want privacy.

Agreed. It was a risk I took to get a foreclosure at half of assessed value. What his price would be doesn’t concern me, he’s a man of integrity. If left to heirs, then who knows? He’s not much older than me, not a huge worry at this point.

My grandmother had a handshake , with an adjoining old lady, and let her have enough land to build a one car garage on. They both died, I spent money in court , and the adjoining owner owns the land today. When it appeared it might work out in my favor, my attorney worked a number of legal angles, but suddenly squatters rights came into play, and I lost. The same land owner pissed some others in the community off, while I lived several states away, and suddenly the replaced garage burned down, with a classic car in it. Feel free to try to blame me, but my attorney knew exactly who did the deed and it was in no way related to me. My attorney was a judge when the garage burned. Sometimes, Yankees get what they deserve for lying, and deceit. I got to watch the same fool tell lies in court. That's why we lost. My attorney and I told the truth. My suggestion to you, is to get it on paper, and pay for the paper even if your neighbor won't help you, but is willing to sign. When this originally took place on my inherited land, folks didn't lie. A Handshake worked. I hate that the U.S, has changed into this. Remember it wasn't too long ago that we had presidents that didn't lie each time they spoke a paragraph, and today they actually feel fine telling lies. He's even managed to convert the country to believing that lies are fine. If you stop and think, this president has NO class. He's one of those jerks that think that class is solely related to how much money you have. I didn't come from that jerk's part of the country, and learned differently about class. Completely different. Who, but classless bastards talk about women, and their wives, in public they way that Donald Turnip does. It may be true, but regardless, he should keep quiet about it. Now we learn he even cut his brother out of his daddy's will. Sounds like something my brother might try. When I caught him stealing from me, I disowned him 10 years ago. He had taught his wife to tell me lies as well. It was over Mother's will. No proof about me ( because their never was any.) lies were fabricated. ( The bank even had the truth, and gave me copies. !) Mine is permanently settled. I suppose his young twin boys have been told lies about me, as they wonder why I don't ever come around anymore, or have contact with them.

My agreement is a bit different, as no encroachments are involved. Nothing will ever end up in court.

Read my comments above, to learn what happens to neighbor-changing. My land was lost because of a 50 year old handshake, my grandmother initiated, and " loaned" land for. Never mind, that I had paid taxes for all those years, on land I ultimately lost. Had the original deed from 1903 0r 1905. The other person had never paid a dime. It was very small in square feet, like may 200, but is worth thousands today in the same shape. Think carefully before relying on the good neighbor handshake. It failed me, completely. Karma end up having revenge, but it took 25 years, and I'm in the twilight of life. When initiated, neither old lady had a clue it would be considered invalid. I even met the old lady my grandmother began it with. Useless in court, years later. My survey , that was current, and the surveyor testified accurate to within 1 /10 of a foot , was accurate, but determined to be insufficient by the judge. Beware, unless you're willing to spend money, and still lose it. Following the rules doesn't always work.

+John Smith ..my apologies to you

Thanks. I don't accused of being smart too often...

Well I think it's better to be accused of considerate anyways.

They are as rare as Unicorns.

Smart? this was the most foolish video I saw in a long time. The guy must be broke.

Actually, thanks to all your comments on this video and other people viewing, I might make enough money from this one video to go back and buy that property...hmmm.

Gave the seller an inch and he took a mile, so many red flags my gut told me the land was not worth the liability.

It has been a while since I LOL'd at a comment but this one made me and my wife bust out laughing big time! Not sure what the comparison video was but I assure you I don't have one foot in the grave (as far as I know). I am actually down about 10 lbs since last year. I appreciate your candor, though!

Thanks!

No doubt! Good luck with it.

Yeah, that would've been a nightmare in my f250.

I see your point and it makes sense in a perfect World, however, usually just the opposite happens and they destroy the other properties, wildlife and tranquility, at least that has been my observation.

yeah, there are some real jacked up parcels out there!

Not always

That’s false. I myself have raced all over and rode numerous places . Along with me were several close friends I’d met along the way. It’s all in the way you treat other and respect others things . Good example is that gravel road, ya it be fun blasting down it throwing rock in the ditch and causing pot holes . Someone has to fix that and it becomes a problem.

I am not aware of how/if Lincoln County is enforcing.

The 1/2 acre is part of my 100 acres on the deed. Would require survey and a new deed. Not worth the expense of all that.

Ouch. That is a bit pricey.

Up in New England you'll pay $50,000 on up for a two acre lot ... although it will have road frontage.

sarah F I've seen land on False River Lake ,near New Roads LA ,going for $100,000/acre. That's the price of prime waterfront property.

@@RedToolHouse This reminds me of the Texans who were discussing their ranches. The first was proud of his five thousand acres, but the second told him to keep working, and maybe her could one day have ten thousand acres like he did. The two turned to the third Texan and asked him how much land he owned. "Ten acres," was his reply. When the other two stopped laughing, he continued, "Yes, only ten acres.... Right in the middle of down town Houston!" Location is everything!

He didn't buy it because hes behind on his taxes and broke.

That is one theory. Not the correct one, but it is a theory.

In relistening to the video it becomes very obvious that Troy schemes to arrange a marriage between his son and the neighbor's daughter, demanding that highly prized piece of land as part of her dowry... That is my obviously correct theory. lol

ubetchya78 wow! You figured it out. It does include protection from barbarian raiding parties from the north and of course naming rights of the first born to be sired from this arranged marriage. You could say I’ve gone medieval on him??

Yeah it can be tricky to stay good neighbors. Especially if he cut enough trees to get mudslides across that nice gravel road & down into YOUR area later on. Years ago my dad bought 13 acres for a planned retirement A-frame & after the land was paid off, miraculously there happened to be some long-distant family member of the original owner who claimed that some land was 'promised' to him. No documentation at all but Unfortunately the courts ruled in his favor & GAVE him 5 acres! He paid nothing! No money was returned to my family. Shysters! Also, that 5 acres had the access road my dad had painstakingly cut out & gravelled to get to the top of the hill for the house to be built on. The house was never built. My dad died in 2010 & when my mom tried to sell the land we found out that without constant presence down there (it is 60 miles outside the city) - mysteriously the 'for sale by owner' signs were repeatedly taken down because the "good ole boys" like to hunt deer on it & don't want it to be sold. They don't care that she lives on a government stipend & without my dad's income she relies on me for actual living expenses. Everything about it makes me realize how corrupted the American Dream can become with the wrong people abusing power.

My neighbor scooped it right up. He had the paperwork drafted that evening.

The greatest commandment. I agree.

Abs0lute Z3r0 no. The owners are not looking to sell it but they aren’t planning on living it.

You don't like the quaintness of our creek crossing? I actually have a culvert in at one time and then we had the mother of all storms and it washed out. Bridge is on the menu but hasn't been funded yet.

I liked that. In the mean time "moat".

Those crossings without a bridge or a culvert used to be called a ford; there are still a few here in Michigan, all on rarely used roads, but in some, the stream bottom has been replaced with 2to3 inch diameter stone to keep from getting stuck in a muddy bottom.

This is a beautiful state. The north western counties are a little flatter ground and have more farming history. The eastern part of the state is higher elevation and gets a lot of snow. The southern part, where we are, has some serious elevation changes and is pretty rugged. You can find land very inexpensive in this area but it is tougher to work. Look at my video about using tax data to look for land. All of WV land is now online with tax data. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-67-M3slkJ18.html

Red Tool House - Homestead excellent! Thank you for the quick reply. I believe one of the towns in the area my wife liked was called pliny. I can't be 100% sure. I will definitely check out the link you posted. Thanks again for the excellent videos. I am a fairly new subscriber and appreciate everything you're doing. Keep up the good work.

I am very familiar with Pliny. That is where I buy all of my feed. That area is some of the best farmland in the state. It is expensive. That is Mason County. My favorite counties are Randolph, Pocahontas, and Greenbrier counties in the east simply because of the high elevation mountains and we camp there a lot.

Red Tool House - Homestead nice. Thank you for the info. I will look into those counties. Much obliged to you.

Whatever you decide, get a vey good lawyer to represent you. There are still good ones, but there are some that work for you, but the other side ends up "winning". I even had a title search done, that came back clear. Get another lawyer in "your existing town" to go over what the lawyer in your" move to town "has written down. Keep in mind we have a president that has committed impeachment charges, but Nothing seems to be happening. Even the folks voting for him, know he has violated more laws than you can count. Maybe you even voted for him. See if he isn't the worst president we have ever had, as judged by the group that studies presidents for their life's work. Presently that group gave him a 12.5 out of 100 . It changes from year to year. Eisenhower normally rates in the top ten, even though Most today Republicans don't know him. Remember that before being president, he commanded Everyone in the world, that fought with us against Hitler and Japan . Every country that fought. Today's jerk has no control over the very folks in the same building that they all work in. Dwell on that, regardless of your party. A good president doesn't need all his followers constantly making excuses for him.

It is a wireless mic

I have 3 small farms, roughly 190 acres, 170, and 48. They have mature timber, cruised at an average of $2,400 per acre. Running springs and creeks. Land use assessment is $500 an acre for pasture, and $300 an acre for woodland. $750 an acre would be a chunk of money for me.

He is actually selling out and moving on. He has no interest in the land anymore.

well alright then. wish I lived near there cuz I would definitely buy.

I agree with you completely. There are better ways to turn a profit.

Very rarely do we get tornados. Maybe 5 in my 46 years. they are very weak if they do manage to form. Mountains aren't conducive for them. Snow had been very mild the past 5 years or so. We probably average less than 20 inches for the entire season.

@@RedToolHouse thank you for responding and letting me know. I'm trying to find a retirement place for my folks as they're getting old and can't take the harsh mid Western winter seasons anymore.

Cost of living is low here, so a retirement fund can go longer. We do have personal property tax, however, but there are exemptions for retirees.

@@RedToolHouse all right thank you for telling me that information. I'll let my folks know and see if they're interested in wanting to relocate in Virginia. Much respect to you and bless you and your family.

We are just next door in WV.

That is a bit steep!

Not steep, it's nice and flat round here. Anyway here's an idea what you would have to pay www.rightmove.co.uk/property-for-sale/Cambridge.html