I recently bought 100 acres from a guy in a land purchase. He lives on a county road that is more or less private as only his house and another land owner live on the road. The land in this area is highly sought after and is 4 minutes from town. I approached him about buying some land and he laughed in my face. Then a month later he called me wanting to sell out. He was supposedly going to sell me 100 acres and sell some land on another road that backs up to his place in total he was selling about 180 acres including my purchase. He found a new place on the river and he was using the money from both land sales to purchase it out right. My wife even helped him with the contract on his new purchase as she is a lawyer.

After we signed our contract, He asked that I respect his privacy and not go on the property until the deal was done. Only once in the last month did I even drive down the road the property is on which, I notified him I was going to do. He said it was ok to do that, however when I drove past and turned around to leave as the road dead ends he flagged me down and chewed my (This word is unacceptable on Trapperman) for coming down the road and upsetting his wife. I apologized and left. This land has been in his family since 1920 and has some sentimental value.

Time has gone on and today was the closing on the land. I was told he and his wife would be there. My wife and I arrived and signed all the papers and I rolled 250K in a 10-31 farm deal into it and got a loan for $75k to buy it. I also sold most of my equipment from my old farm as I would not need most of it on this new place as it is mostly timber. Anyways, He did not show to sign. I was told he and his wife would now come on Monday to sign. I asked him if everything was ok with our deal and why he did not show to sign. He said his wife was bit by a tick a few days ago and didn't feel good. He said she had improved today. The title people offered to take the paper work out to them to sign at their home. They refused. I asked him if me and my family could go out to the land and look around as I was only allowed to see it one day for 15 minutes. I was never allowed back on the place. He said no. He said his wife wants her privacy and they would go and sign the papers Monday morning.

Some how, I don't believe this is going to happen. He will blow 3 contracts and be sued by all involved and the title company if he does not sign. I am out thousands of dollars in closing costs and now only have 4 months to find land or pay taxes due to the 10-31 deal.

I was very calm and said ok, Monday is fine. I hope she feels better. I have my house that I live in listed for sale and a floor planned and builder lined up for this property to build a new house and live on. I have alot invested in this deal due to it being in the right school district for my two kids. Am I going to get screwed on this deal??????

He's probably having the timber cut, as you wait.

Geese, that sounds bad, hope for the best,and hopefully all will work out for you and he won't back out.

I sure hope not, but I don't trust anyone anymore. Best of luck!

Hope for best, plan for the worst (no idea what you do to plan for the worst in this scenario.

If your wife is a lawyer you should have no problem enforcing the contract but everything takes time. Hope he shows up on Monday.

I wouldnt deal with a freak like that.
Imagine him thinking someone would buy something sight unseen,especially land.

I'd sure be driving down there and inspecting the land before the papers where signed. They'd just have to endure the hurt feelings.

He may cause you some grief before its done. But if he breaches a purchase agreement he will and should experience some legal issues. You have spent a lot of good faith money on a deal that any reasonable person would expect to be done. Is he trying to buck you for more money at the last second? Once he is being served court papers and sees how much this silliness will cost him in court judgments he will come around. But he needs to be informed the clock is ticking and he is responsible for your expenses you incur due to his actions. If the timber was there when the deal was made it better be there when the deal is done. At least in Michigan that would be the case.

It will be nearly impossible to do, but try not to worry about it until he is supposed to sign on Monday. Good luck. I hope it works out for you.

Keith

Normally, on land/home purchase, the purchaser is allowed an inspection/visit the day before closing and that should have been in your contract. It sounds fishy and I hope it works for you. Hopefully the only issue is the emotional attachment they have for the land.

When buying property all kinds of things can happen. I bought a house in Chas SC from an attorney (ambulance chaser) We had a contract and the day before closing we did a walk through. A wall, yes a wall, had been removed after signing the contract without prior notification. All light fixtures were removed with only wire hanging out of the boxes. All shrubs and small trees had been dug up and removed leaving big holes in the yard. The water heater was removed, and not replaced. You can imagine how (This word is unacceptable on Trapperman) hit the fan that day. It all worked out a couple of days later but his realtor lost her liscense.

Something smells bad. I hope it works out for you.

Short of his wife being in a coma, I wouldn't put up with any more excuses come Monday.

I thought a final walk-thru was part of the closing. Who knows what's happened to the property you saw 3 months ago without one.

Have someone you now drive by and take a look. Or fly a drone over the place.

I hope it all works out for you.

I know I have a lawsuit and my wife is a lawyer although this is not her specific area. I just am asking for your gut answer.

I don't want a lawsuit it will drag out for years.

Sounds like the ball is in the male owner's court as he may have made some decisions without full knowledge or concern about his wife's position on this whole issue. That is a real issue when there is joint title ownership. We also don't know other spousal and or other issues that may be coming to play in this also. You probably have strong legal stance(s) the three of you but that does not mean it will be easy, quick or cheap.

Bryce

Wait till Monday. It will al work out. Enjoy the weekend. After Monday you will have your answer.

Yeah, don't sweat the petty things, pet the sweaty things.