Someone dropped the ball.

You will need an appraisal report to segregate the land portion of the purchase price that cannot be depreciated.

Its like a landing at the top of the stairs and rarely can be used as a bedroom.

Nobody including me has a crystal ball.

It is such a great accomplishment for someone to share their success and help get the ball rolling for family members.

Nw you have protected other buyers and with that necessary disclosure, they are likely to play ball more with you.

I like garden stye apt buildings and homes and land.

I place a low ball offer on a property and two people with higher offers put them in after me...

My realtor did find me a buyer, and they are willing to pay a reasonable price, however they don't have the best credit and want to put down $20K (inheritance money) and the rest via land contract for 2 years until their credit improves.

Here's a horror story: I got 50-lots through tax lien foreclosure (year 1997-2002), was going to develop them myself when some investors bought up all the other delinquent liens (1500 liens), and formed an HOA to develop the land . . . it worked out okay at first, I made a good profit selling some finished lots to home-builders, but due to the HOA mismanagement and the economy, I have about $1-million in HOA liens on my lots.