Types of Conservation Easements

Fee simple. In these transactions the ownership of the land changes hands. Often any residential building will be subdivided under rules applicable only to the County and sold off, or leased out. Restrictive. No ownership change is involved but the conservation easement is held by the County (or other recognized entity) in exchange for real […]

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Buying a property with a Conservation Easement

Understand that if you are buying a property with a Conservation Easement, a previous owner has taken a drawdown in some monetary form, and the parcel is theoretically now of diminished value. A governing document will set out the allowed and disallowed uses. These may include a restriction on buildings, a clause tying the water […]

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Conservation Easements: What are they?

What are they? A voluntary agreement between a landowner and another entity, normally one with funding sufficient to close and support the deal. The landowner gives up some of the value in exchange for money, tax credits or development rights on a portion of the land. Alternatively, the agreement could be one of fee simple […]

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Like Columbus Leaving Port

Like Columbus Leaving Port Last year was predictable once it got underway—a Seller’s market and bidding wars were the norm. Then came the mad hatter from Moscow, inflation and interest rate hikes and we are all at sea. What we know is that, like the surf, things will keep on rolling but our compasses need […]

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Online Lending

There is much to be said for staying local in the lending business, amongst others. Here is a recent, real life example. We had under contract a property with which the buyer insisted on using an online lender, contrary to our advice. Firstly, making contact with a real person took more time than it should […]

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Self Directed Retirement Plans

Did you know there are ways of controlling your 401k account yourself? The stock market is soaring, but that very fact may encourage some people to invest a portion of their 401k in something more directly under their control. What else is in a strong market? Answer: real estate. Here’s how. Individual Retirement Accounts News […]

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Health care grumbles

WRITTEN BY JOHN DABBS It is not a real estate topic, but it is a real issue for us all. Obamacare may suck for some and suit others, and Trump’s plan would have done likewise. But something is fundamentally wrong with the health care plan, the proposals and the structure it works in. I write […]

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