Looking for some advice on how to construct an offer on land!

[Alyssa McEwan]

Hello BP World 

We have a lady that owns some land across my parent's street in a very hot market area. My dad has been taking care of the property for 15+ years and had offered interest on buying it when she is ready. She agreed to that however, she told my dad that she isn't quite ready to sell. She is getting older, higher 70s, and owns land straight out. Is it possible that we could still through out an offer some sort of land contract where he pays the property tax? Or how do land contracts work? What would you do? I hope this makes sense. 

Yes, we know she may say no.. But sometimes you don't know your ready to sell until you have an offer. :) 

Thanks so much for you advice ! 

[Barry Ruby]

@Alyssa McEwan consider asking her if she willing to grant you an option or first right of refusal to purchase the property.

If the owner is willing to consider doing that, have a real estate attorney draft a contract that puts you in first place.

You can offer consideration (payment) as small cash payment to cover real estate taxes or whatever you decide is fair and reasonable.

Please let me know if you need some help putting an offer together