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| Well they paid a premium when they bought it. Market was good and real estate was inflated. They actually paid above market because they never tried to negotiate to a lower price which could have been obtained. I know the selling agent whom they bought it from. She saw it, loved it and bought it. Snap crackle pop it was theirs and they were like city kids gone to a country playground. Since then market has deflated and property is worth about half what property was then. They are wanting to get their money back and I don't see it happening unless they find a buyer like themselves who just has to have it and money is not a limiting factor. | |
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Land story for your thoughts. How would you respond?
