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Hello everyone,

I hope you can help. We've been looking a various pieces of land in a very nice area. Some are listed for sale, some not. But we went ahead anyway, looked up the pieces of not-listed-for-sale property in the tax office and fired off a letter to the owners anyway. You never know.

Lo and behold we got an email back from one of the property owners. They said they would consider an offer so please go ahead and give it a go.

It just happens that the piece of property in question is the best one we looked at. It would be perfect for our purposes.

Anyway, we know the prices of land in this area range from 60k to 135k. We'd like to put in a reasonable offer but don't want to either 1) lowball it and they say bye-bye, or 2) we don't want to offer too much and they say hooray! we'll take it.

We don't know these people, they don't know us. But we would very much love to aquire this property (about an acre).

Should we just take an estimate say of the nearest 5 pieces and go with that?

We are not using a real estate agent, either.

We do have a limit on our purchasing power (who doesn't?) and after we buy the land we'll need some pennies left over to build.

Any suggestions?


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