real estate property question, buying...

Discussion in 'Homeowner Assistance Forum' started by Ramairfreak98ss, Apr 6, 2006.

  1. Ramairfreak98ss

    Ramairfreak98ss LawnSite Silver Member
    Posts: 2,210

    i recently looked into a small house to buy, has good room for all of my lawn and landscaping equipment, problem is its, $800k!!! yikes.

    The house is a small older farm house, with a turn around driveway. Alone, it would be a 200-300k home in NJ area, but the property is not the 3/4 acre it appears to sit on, it also includes 13 acres of fields on both sides/back of the lot. Would it be likely the owners seperate or subdivide this out so that i could purchase the house on its existing 3/4 acre and then sell the land for whatever amount?

    99% chances are a developer will buy it, knock it down and build a development on the 13 acres.

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