An owner of a 320 acre woodlot in Linneus that was lower, wetter land decided to trade that property for a 19 acre high on a hill with a tree plantation property in Ludlow.
Trades. Equal value even though the quantity was vastly different. Like a gem, its not just the size that matters. Quality exchanges in Maine for more than money.
1031 exchanges in real estate happen too.
Had a property recently on an Oakfield lake with a log cottage that the owner considered trading for the buyer's Camaro. Did not come down in the final analysis because the cash to go with the sale was not obtained but trading for real estate in Maine is not out of the questions.
Help in the real estate sale whether buying or selling. Value for value. So think beyond conventional bank financed deals, cash sales..and consider if someone with say a large land yatch motor home might let it go in exchange for a nice vacation place on water in Maine!
Maine REALTOR Andrew Mooers - Houlton & Aroostook County Real Estate For Sale
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