Wednesday Encounters
Yesterday I took a drive over to Hillsdale County to look at a piece of property. I arrived at my destination just after 10:a.m. and drove the back roads in the area, just to familiarize myself with the lay of the land. As I passed one winter wheat field my eye caught movement from a little swale in the middle of the field. Out walked a turkey, and then another, and another, until there were 35 of them pecking the ground. I put my “glasses” on them and focus on several big “Tom’s!” I had my movie camera with me, and took some video of the flock, but forgot to take any snapshots! A little further down the road two deer jumped in front of my truck, and the tracks in the dirt road told me this was a “hot” area. I also saw an eagle circling overhead, and the geese were in most every pond that didn’t have ice.
The property looked real good, but the economy has me a bit gun shy. It’s a buyers market right now, but you can’t eat land, if things continue to go down the slippery slope. My wife probably has better economic sense than me, so I probably should let her make the call. Am I a “wimp” or what? Not really, just a guy that has made to many “wrong” decisions without the input of his wife! After all these years-I am still “trainable!”
Mike

March 20th, 2008 at 11:57 am
Sounds like an awesome piece of property although I can under your hesitation in these modern economic times.
March 20th, 2008 at 7:59 pm
Sounds like a nice spot.
Buyer’s market is right, but that’s not likely to change for a while. Keep an eye on it, maybe see if there have been any offers… you may be able to get a deal later, if prices and the market continue to dive.
On the other hand, if you can afford it now, buy it and sit tight. In a few years, real estate will definitely spiral back up again. It’s a finite commodity… they ain’t making any more (except in Dubai, of course).