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Old 08-27-2014, 02:30 AM
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DA COVE DA COVE is offline
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Join Date: Nov 2011
Location: SW LA.
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Sale is for an UNDIVIDED 1/35 share of 203 acres near the Twin Pipeline Canal west of Hopedale Lagoon. WHICH MEANS THERE ARE 10 OTHER OWNERS OF THE PROPERTY THAT ALL OWN AN UNDIVIDED INTEREST OF THE PROPERTY.
A person would have to have that amount available, and if that's the case those people would probably be looking for a much better investment. I can't see any financial institution loaning out $17K+ Acre for undivided property. There are MUCH better investments out there for $100k.
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