(I don't exactly know what that means in relation to land) Because we've owned this land for like 50 years.Any more things I can ask them to help clarify?

Have not sold a property like this.I did list a piece of land years back where half was in a flood plain and the other 5 acres was not.Was looking at the re-grading and the LOMA issue for a developer that wanted to buy the land and make lots for houses.What I was told and the reason the developer didn't like the deal was that even though you get regraded to show not in the flood plain a lender giving out a loan can still REQUIRE that buyer to get FLOOD insurance.The lender can still feel a high chance of flooding for that area.Not an expert in this at all just relaying my experience with it and would like to hear others.

I started off buying rentals, and then moved to other strategies like land development, spec building, note buying, wholesaling and rehabbing.I currenlty do rehab flips which is the large majority of my income.

That was well written Rich,I have decided I may draft it myself after purchasing land this coming spring.

Track Santa's ProgressSanta's next stop is Enderby Land, Antarctic.

I can almost bet that your low-ball offer is nowhere where it would need to be in order for this person to just walk away.

I held the deed in my name and used a Land Contract where I dont' have to record anything, I believe.I'd appreciate any direction in this area and thank you in advance.

So which of these options sounds workable:1 - Lend on the land / and or house.

You will need to have a motivated executor to get the ball rolling on a deal and submit all the required documents to the servicer (not saying its impossible).

She said the land can't be further subdivided, because of drainage issues.