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| A farm I recently bought has a woods on one end with the road intersection at the NW corner. This corner is a small house lot/residence of a young family. This fellow is "the village a$$hole" in the community. I have tried to be friends with him and I have had bad dealing with him too.
The aforementioned woods is slated for logging and removal. I have got all the approvals done and lined up loggers and clearing crews. The timber buyer was out last week and the homeowner harassed him quite a bit in my and the buyers opinion about the forthcoming work.
The fellow wants to buy a small section of the woods on the east side of his lot for a privacy barrier amounting to about a half acre. My question is, What would you charge for this section. I am wiling to do a deal and have a figure in mind. My banker does not want me to do the deal at all but if I do, the figure I have is the bare minimum he would like to see for the paperwork hassles.
I am not looking forward to meeting with him as he is a hothead with a temper and I know he thinks he should buy this 1/2 acre of woods for nothing. I actually offered to sell him the entire woods if I got it bought at auction but he "couldn't afford that".
The previous owners of this farm had a lot of issues in the past with him and this woods which he liked to think of as his.
Ideas
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What to charge
