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Old 05-18-2006 | 07:25 PM
  #41  
Duckmastor2
 
Joined: Feb 2003
Posts: 699
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From: Wilmington Delaware USA
Default RE: Delaware Landowners going too far!

On one handyou fight to stop people from developing land thenyou admit thatyou own a home on 1/3 of an acer.That is 14520 square feet.Thats a piece of land fourty yards square
What did I do?!? I think you have AJ and I confused, although I do agree with what he is saying. I already said that if the, how do you say it, gooberman, wants to pay me FMV or less with other incentives to take my house, hell the whole development, and turn it back into open space, bring on the bulldozers!Like you said, with all these creative variable rate mortgages, there will be plenty of people going bust and I can get a bigger house somewhere else on the cheap.But yousaid you would gladly sell to developers to have your land turned into McMansions. Even if the 'gooberman' could come up with enough to make you comfortable and incentives to be paid later you said show me the $$$ and would have the land developed. Its your right to do so, but to bitch and moan if the 'gooberman' holds up your sale for just a little while to discuss with you other possible options is just selfish. I NEVER said they should force you to sell to them or stop you from selling to whomever you wanted. I just said maybe you should think a little past the $$ before you did so. You declined. Its your right to do so, but dont expect others to respect you for your decision.

Since you are so smart, i'm sure you figured this out already, but if the housing market crashes the way you expect, your trees wont be worth as much as you are banking on. Maybe you should sell some of the development rights to your land to the gooberman and buy some of those oil futures after all....
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