Was driving home from Austin Oak Hill HEB (confirmed open), about 15 minutes ago, and saw two Texas A &M search and rescue vehicles, one with a trailer stacked with two Zodiacs, hanging out at intersection of Circle Dr. and 290 West. Hope they don’t run out of time.
As promised, I went back to Vail this year with the family for the GoPro Mountain games.
Did not ride nearly as much as last year, but did manage to extend my long ride all the way to Copper and back.
No cool pics since I took more video this year.
Proof of arrival. Copper destination.
Well. This thread has run it's course.
Did get some insight.
BTW. As a temporary stop gap, I negotiated a lease with my new company on a month to month basis doing the same thing and using my yard personnel. So I geel less pressured.
Two years was buyers idea. If the circumstances were not so odd, I would have preferred a longer time to balloon.
12% down plus first 3 months of amort.
I am selling a 5 acre construction yard within the city limits. I have a broker and a buyer. My broker recommended that I lawyer up for portions of the sales contract.
Land is 100% within the 25 year flood plain and contains a 1200 sqft office, garages, and some equipment canopies etc. I am able to operate my construction business there due to legal grandfathering or luck because the city just doesn't care because they think I have some grandfathering.
We have it developed to about 20 to 25% impervious cover, although most of that number is base.
My current sales agreement has owner financing for 2 years with a balloon payment after that.
My concern are:
What if buyer defaults? How big of a pain is it to repossess?
Bigger concern is buyer gets crossways with the city by bootleg developing or just outright poluting or some such.
If anybody knows a guy that knows a guy or can answer some of those questions. Shoot me a pm or bear it all here on surly. Thanks.