Offer on land?
Land that I wish to purchase is priced at $70,000-which is about $30,000 more than the property tax value (and it is not worth $70K-all the other lots in the neighborhood sold for between $40-50K).This land is about 7 acres, with the majority being hilly-not a good building lot. It abuts my lot, which is why I would like to own it (for a buffer).
The sellers are firm on their price-I asked them. How can I let the sellers know that I would definitely buy it for $50K, but not their $70K? I am sure it would not sell for $70K-they say they may build someday.