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| I have purchased ground that wasn’t for sale.
I got owners name and address from courthouse and cold called out of state owner. I was honest with owner. I was in negotiations with an ethanol plant at the time that included some of my land and all of my neighbors land. I would be very motivated to purchase his 80 adjoining my farm if the ethanol plant got built. I would also be interested if it weren’t built (just not as motivated).
Owner showed up at my farm about a year later (while options to buy from ethanol plant were still in force) and we had a nice discussion.
Another year later I got a call from owner saying he was going to sell his 80 next to me whether to me or someone else for $xxxx/acre. Whose name did I want on it? I purchased the 80 plus another 60 acres of his land a few miles away that I had just became fence line neighbor to with a 100 acre purchase that I had just received signed purchase offer on.
The ethanol plant never got built. I was planning on purchasing 100 acres. I got offered two fence line farms before closing on first 100 acres. Ended up closing on all three farms (240 acres) in same week. I was sweating for a while I but with land prices today over double and low interest rates locked in now, I was fortunate.
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Buying a farm that's not for sale.
