re: Financing for raw land

Thank you for all the responses.

This definitely looks like the best thing going as far as I can tell. Hopefully in 7 years interest rates will be creeping back down instead of up! LOL

I'm dealing with a large land management company to buy this land. They represent several smaller subsidiaries. I would like to get a cheaper price per acre and also would like to buy a few more acres than we have talked about in the initial conversation. Does anyone have any good strategies for doing this?

My initial offer was $3,000/acre

Their reply is $3,500/acre

I'm curious if I offer to purchase another 100 acres or so if they'd be flexible. The land is in a rural community and isn't being developed like other places are right now. The topography is rolling with wetlands around the perimeter for the most part acting as a barrier between it and the connecting property. Really good property for growing pine trees but not so much for pasture conversion.

Anyone know any savvy negotiating strategies for raw land?