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Country Discussion Topics
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Letter from realtor
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mud    Posted 01-24-2005 at 06:13:42       [Reply]  [No Email]
we got an 'invite' to sell off the farm this week.
letter said that less than 10% of the farms in our county were 100 acres or larger now.

our place is out of the path of development. dont see suburbia coming this way in our lifetime. suits me too.

seems like fewer young folks want to farm part time and work full time at a paying job anymore.
looks to me they settle for the wide screen t.v. and them bass boats pulled by new 4x4s. just what i see here. sure seems it is going that way though.

farm next to us got busted up during estate settlement. 40 acre tracts cut out and road frontage sold off in 5 acre tracts. each grandkid sold out their share.

looks like in the future the school bus will take a little longer to get down the tar road.


Greg    Posted 01-24-2005 at 09:37:10       [Reply]  [Send Email]
Interesting topic...

My ex is from an area of se Kansas called the "Cross Timbers". Kinda looks like the Ozarks, mainly rolling hills and praire hay and blackjack oak. Not much tillable ground but very pretty. During the late 80's and early 90's, her dad was buying 80 acre parcel's for $5000 cash each. We were over there one weekend and he took me around the section and showed me a quarter (160 acres) that had been on the market for 2 years at $50 an acre, no takers. He tried to talk me into buying it but I didn't think it would ever be worth anything except to run a few cows on and maybe cut firewood off of. He ended up buying it for $35 an acre.

Nowdays, the hunters and fisherman from Wichita and Topeka and Kansas City have decided that it's not to far to drive there on the weekends. Groups are now buying the ground for hunting and recreation purposes. 6 mo. ago, a quarter connected to that same $35 an acre quarter brought $325K at auction.

Almost made me sick. The ex laughed at me. Oh well. Hindsight...20/20 and all that...


vabill    Posted 01-24-2005 at 08:50:29       [Reply]  [Send Email]
gee i really missed out. when i was young my buddies dad was a realtor, keep telling us to get a lot when we were young. we thought he meant -- oh cant say that. never mind. bill


Ron/PA    Posted 01-24-2005 at 07:18:49       [Reply]  [No Email]
Don't be afraid to consider their offer. I've gotten a few of those letters. I respond with an
offer.
Right now, we have 35 acres that are subdivided and I've offered it to the real estate company for a paltry $1,000,000.00 Hey I'm not proud. the first million takes it..
The mail sure is slow, I haven't heard a word yet.
Ron


deadcarp    Posted 01-24-2005 at 08:23:55       [Reply]  [No Email]
we got this strip of land in 1990 for 38,000 - it's 4 something acres but 3000 feet long. lake on 1 side & river on the other. nowdays mel sez lakeshre is $1000/ft regardless.(just agrinnin!) i'd let it go for a million too, tax free. get myself an open lot in new mexico & erect a 3-sided stucco shelter (like they have) that just fits a motorhome n 1 side.:)


MikeT    Posted 01-24-2005 at 08:33:45       [Reply]  [Send Email]
That wouldn't be legal according to new Mexico's building codes.


mud    Posted 01-24-2005 at 07:24:46       [Reply]  [No Email]
now there is a thought. but what would you do with a million? i swear i dont know what i would do. one thing, i would not worry about the electric bill.


Bryan in WI    Posted 01-24-2005 at 06:37:42       [Reply]  [Send Email]
They are just "fishing". We used to get about one letter a month when we lived in the city. "your neighbors house just sold", "Property in your area is going fast", "prices are high, sell now" "Demand in your area is high". Sometimes the letters seem to be very personal and addressed to just you. Sometimes unscrupulous realtors will call you and pretend to have "a client that is interested" (the client will disappear as soon as you sign with them).

The "Realtors" don't really care how much your property would sell for, they just want the commission on a sale which can be up to 7 percent. Think about it, from their point of view they still make lots of money if they sell your farm for 500,000 or 700,000, they don't really care they just want your money.
Bryan


mud    Posted 01-24-2005 at 07:19:06       [Reply]  [No Email]
i have given your observations some thought. this letter was a form type, but then he wrote a paragraph on the bottom of it and mentioned by name two other folks that he had sold for close to us. he then asked whether i remember meeting him at a farm sale last year. he is a nice enough feller. just surprised me that he wrote.


Cynthis    Posted 01-24-2005 at 06:32:30       [Reply]  [Send Email]
I completely agree with you. My husband and I have been looking for land to move out to the country and so much of what we find is land that has been divided out into lots.
Our dream is to find an old country house with land and settle in and maybe one day leave the house and land to my children.
Right now we live in a very large city and we can't wait to leave, we have also been preparing my children for the fact that things are going to be completely different. We are not going to have every cable channel available and no mall within five minutes. I would love to grow my own vegetables and have some cattle and horses and know all of my neighbors. But I agree with you it is getting harder and harder to come by.


mud    Posted 01-24-2005 at 07:26:13       [Reply]  [No Email]
i like what will rogers said:

"better get yourself some real estate, they ain't makin no more of it."


Dieselrider    Posted 01-24-2005 at 06:17:52       [Reply]  [No Email]
Reminds me of that country song,"Daddy won't Sell the Farm". Are you gonna sell? You gotta do whatever is best for you and yours, mud.


EngineerJoyce    Posted 01-24-2005 at 06:54:56       [Reply]  [No Email]
That's a Montgomery-Gentry song. About Eddie Montgomery and John Michael Montgomery's father, who lives in Nicholasville, KY. We drive through there, and yes, that farm has housing development all around it.
The Montgomery-Gentry tour bus was parked about 100 feet from our church yesterday. They always park it in town while they are in from the road. Of course "town" is Perryville, KY and only has 2 stoplights. Eddie Montgomery lives about 5 miles north of town, back a one lane blacktop road in the middle of nowhere and his kids go to the local elementary. He is very supportive of the PTA and is at their functions if he is in town. Nice guy from what I see.


mud    Posted 01-24-2005 at 06:22:45       [Reply]  [No Email]
cant sell. want to plant some walnuts for my sons to harvest. problem with selling out has been mentioned here a few times before -- where the heck do you go?

dont know about the future but i would lose part of me if i got run off the place. i will sure as heck make sure they keep my land use status current up at the county office. taxes is bound to jump.


toolman    Posted 01-24-2005 at 06:27:37       [Reply]  [No Email]
when i bought my place in 87 i paid 2000 a acre it is selling around me now at between 65000 to 80000 an acre hard to keep up with the tax assessment,hate to sell as i have my blood sweat and tears in this place and your right where do you go, too wore out to start from scratch all over again so you buy somebody elses farm?here it,s tourisim, a ski town now no room for farms.


mud    Posted 01-24-2005 at 07:21:46       [Reply]  [No Email]
holy moses toolman, you got a pretty good return on your spread. this land is not near as high.
them postholes are safe if you decide to use them elsewhere in the future.


Cynthia    Posted 01-24-2005 at 06:38:14       [Reply]  [Send Email]
Wow, if you don't mind me asking where do you live? Those prices are incredible!


Cynthia    Posted 01-24-2005 at 06:36:12       [Reply]  [Send Email]
Wow, if you don't mind me asking where do you live? Those prices are incredible!


steve19438    Posted 01-24-2005 at 07:22:15       [Reply]  [Send Email]
you should live around here(se pa) an acre can sell up towards 100,000.00. farm land (what's left) 15,000.00 and up.


Betty Oh    Posted 01-24-2005 at 07:07:37       [Reply]  [No Email]
live in NE ohio and the prices here are incredible. I wonder where all these people are getting the money. Having trouble just keeping up with the taxes. just have 7 acres and used to be in the country, but now on the edge of town and developments all around. 3 and 4 hundred thousand dollar houses. Where do they get their money?


mud    Posted 01-24-2005 at 07:11:30       [Reply]  [No Email]
that is a question that is begging an answer. where are these folks getting their money? sure aint from carpentering.


Salmoneye    Posted 01-24-2005 at 07:23:18       [Reply]  [No Email]
Gopher/runner starts at $13/hr...

Apprentice here starts at $17/hr...

Master is upwards of $35/hr

I could live on that...



mud    Posted 01-24-2005 at 07:29:45       [Reply]  [No Email]
similar here, but we aint livin in them 400k houses.

cant say i would like to though.

are there many double wides up your way sam?

we are seeing more of them here.


Nope...    Posted 01-24-2005 at 07:35:45       [Reply]  [No Email]
Some...They were more popular in the 80's...Now it is the $400K houses on 10-15 acres...

Heck...I paid just over $70K for my place and 8 acres in 1988 and have been offered 5 times that...Aint for sale till they get to 8 times what I paid ;-)



toolman    Posted 01-24-2005 at 06:39:04       [Reply]  [No Email]
south east british columbia


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