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Used Car, Car Fax and A Trusted Mechanic...FWIW
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<blockquote data-quote="Marguerite" data-source="post: 377858" data-attributes="member: 1991"><p>Well done!</p><p></p><p>We have a vacant block of land over the road from us. It has ocean views, it is smooth sand with no rocks, it can never have the view built out. We nearly bought that block, but couldn't afford it.</p><p></p><p>Then about 15 years ago maybe, a shonky real estate guy had the block bulldozed to get rid of all the trees on it and present the block as smooth sand, ready to be built on. BUT - he pushed all the trees to the ocean side where the land suddenly slopes down a little, piled up the timber just over the edge of the slop (the far edge of the property line) and covered it over with a layer of sand. Looking at the block casually, it looked smooth, level and clear. But the back third of the property, right where people would want to build, was now a sand-covered pile of rotting termite-ridden timber. The estate agent then hired a light plane and took arial photos, sold the property on that basis. </p><p>Since then the vacant blocks on either side have been bought and built on with no trouble (despite having trees). A lot of the bulldozed trees have begun to grow back, and a lot of rubbish plants have blown in and seeded. But we have seen this block change hands about six or seven times now, and nobody has got very far with building. One owner put a caravan on the place (officially as a works office; unofficially, as somewhere to stay over summer - illegal) and began to level an area in a safer location. But he gave up and moved on. He owned it for the longest period of any owner - about five years. This block tends to change ownership every year or two. Very sad.</p><p></p><p>By now, much of the buried trees will have rotted down but the land will still be unstable to build on. Meanwhile the price rises as each owner tries to at least recoup costs. We could have bought it for $25,000. Now - ten times that. Maybe 20 times that. The price tag, not the value!</p><p></p><p>Never buy anything without checking it out very carefully first. A walk over this block with a pole pushed into the ground here and there would show this problem up in a heartbeat.</p><p></p><p>Marg</p></blockquote><p></p>
[QUOTE="Marguerite, post: 377858, member: 1991"] Well done! We have a vacant block of land over the road from us. It has ocean views, it is smooth sand with no rocks, it can never have the view built out. We nearly bought that block, but couldn't afford it. Then about 15 years ago maybe, a shonky real estate guy had the block bulldozed to get rid of all the trees on it and present the block as smooth sand, ready to be built on. BUT - he pushed all the trees to the ocean side where the land suddenly slopes down a little, piled up the timber just over the edge of the slop (the far edge of the property line) and covered it over with a layer of sand. Looking at the block casually, it looked smooth, level and clear. But the back third of the property, right where people would want to build, was now a sand-covered pile of rotting termite-ridden timber. The estate agent then hired a light plane and took arial photos, sold the property on that basis. Since then the vacant blocks on either side have been bought and built on with no trouble (despite having trees). A lot of the bulldozed trees have begun to grow back, and a lot of rubbish plants have blown in and seeded. But we have seen this block change hands about six or seven times now, and nobody has got very far with building. One owner put a caravan on the place (officially as a works office; unofficially, as somewhere to stay over summer - illegal) and began to level an area in a safer location. But he gave up and moved on. He owned it for the longest period of any owner - about five years. This block tends to change ownership every year or two. Very sad. By now, much of the buried trees will have rotted down but the land will still be unstable to build on. Meanwhile the price rises as each owner tries to at least recoup costs. We could have bought it for $25,000. Now - ten times that. Maybe 20 times that. The price tag, not the value! Never buy anything without checking it out very carefully first. A walk over this block with a pole pushed into the ground here and there would show this problem up in a heartbeat. Marg [/QUOTE]
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