Price Adjustment of Historic Building for sale in Buffalo, Wyoming

Originally listed for $315,000 the price on this historic building located at 7 North Main Street in Buffalo, Wy is now being offered for $245,000. This unique building with it's prime location offers endless opportunities. Call our office today to schedule a showing or visit our website at www.pfisterlandco.com

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Estate Tax

Your Money
No Federal Estate Tax, but What About Your State?
By PAUL SULLIVAN
Published: March 11, 2010
Twenty states have their own versions of the old federal estate tax. The many clauses and provisions mean that, even in the absence of a federal estate tax, you might not be able to die tax-free.
To read the full article follow the below link:
http://www.nytimes.com/2010/03/13/your-money/estate-planning/13wealth.html

www.pfisterlandco.com

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Sage Grouse: Not Listed as Endangered

According to a press release from the U.S. Department of Interior dated March 5, 2010 Sage Grouse will not be listed on the endangered species list.
According to Secretary of the Interior Ken Salazar "The sage-grouse's decline reflects the extent to which open land in the West has been developed in the last century," said Salazar. "This development has provided important benefits, but we must find common-sense ways of protecting, restoring, and reconnecting the Western lands that are most important to the species' survival while responsibly developing much-needed energy resources. Voluntary conservation agreements, federal financial and technical assistance and other partnership incentives can play a key role in this effort." The species will be added to the candidate list allowing the Fish and Wildlife Service and other agencies an opportunity to continue to work cooperatively with private landowners to conserve the candidate species.
According to the press release The U.S. Fish and Wildlife Service will review the status of the species annually, as it does with all candidate species, and will propose the species for protection when funding and workload priorities for other listing actions allow. Should the status of the greater sage-grouse sufficiently improve as a result of the efforts to be undertaken, the Service could determine that the protection of the Endangered Species Act is not needed.

For all your farm, ranch, and recreational property needs visit http://www.pfisterlandco.com/ or call our office at (307)684-5201

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What is Organic Farming? - eXtension

What is Organic Farming? - eXtension Great question and great answer... "Organic farming refers to ecologically-based production systems used to produce food and fiber. Organic farming may be most widely known for what it is not; however, it is more important to define organic farming by what it is. Organic farming can be defined by the proactive, ecological management strategies that maintain and enhance soil fertility, prevent soil erosion, promote and enhance biological diversity, and minimize risk to human and animal health and natural resources. Many kinds of farm products are produced organically including vegetables, fruit, herbs, grains, meat, dairy, eggs, fibers, and flowers."

To find out more about the national organic certification requirements and organic program, visit the USDA NOP website http://www.ams.usda.gov/nop.

Visit www.pfisterlandco.com for all your ranch real estate needs.

Real Estate Lawyers

What does a buyer want his real-estate lawyer to do? This is a great article published on Land Think. In the article author Curtis Seltzer encourages "buyers to find --and get comfortable with -- a lawyer as one of their first steps in looking for property in a particular county. " He also lists a few ways a lawyer can help a buyer before a contract is signed:
1. Reasonableness of asking price: Don't expect a lawyer to do a comp analysis or an appraisal. But local lawyers who have been doing real-estate work for a number of years should have an accurate feel for prices, price trends, volatility and current market conditions. Buyers often get a better bead on the reasonableness of a seller's asking price from their lawyer than from an agent representing the seller who may be their first and only source of local market information.
2. Local insight into seller's motivations: Lawyers know their communities, and usually know personally, or know of, individual sellers. Buyers are enormously advantaged when they can learn why a buyer is selling and how intense the motivation is.
3. Problems and issues with particular properties: An experienced local lawyer is likely to know first-hand, or have acquaintance with, many properties in a county, particularly those that have been sold during his years of practice. The more years of practice, the more likely it is that he will know about problems and issues that may or may not be of a strictly legal nature.
4. Lenders and vendors. The buyer's lawyer will also have opinions about local lenders, brokers, agents, title companies, surveyors, excavators, local officials (building inspector, zoning office), appraisers and contractors. If this advice is sound, it's worth
a small fortune to a buyer who will be directed to the best local options for each service.
It can save a buyer money, time, aggravation and mistakes.
5. Contract terms. Most buyers are shown property by an agent representing the seller and given a standard purchase-offer contract that, in my opinion, is skewed in favor of sellers. A buyer's lawyer should be asked to go over either the standard agent's contract or one the lawyer uses well in advance of a buyer having to read and understand contract terms under pressure. Previous columns have discussed many of these boiler-plate terms and their implications.
6. Local idiosyncrasies: The buyer's lawyer should know something about local politics; local folks and neighborhoods to avoid; and local ground conditions (such as, which areas of the county have dirt that rarely passes a perc test, routinely flood, get lightning strikes, are situated over karst, go dry in August and so on). (To read the complete article click here.)

Pfister Land Company, LLC is an all in one Real-estate company offering buyers and sellers representation as well as having a lawyer in house. Our practice areas include but are not limited to:
Real Estate Law
Land Acquisitions
Easement Origination and Negotiation
Lease Origination and Negotiation
Conservation Easements
Subdivision and Development of Properties
Land Use and Planning
Private Road Disputes
Sales, Purchases and Related Matters
Adverse Possession
Agricultural Law
Business Law
Structuring, Choice of Entity and Tax Planning
Filing
Environmental Law
Compliance
Reclamation and Abatement
Expert Witness
Construction Litigation
Real Estate Transactions and Contracts
Easements
Encroachments
Principal/Agent Relationships
Construction Contracts and Litigation
Oil, Gas and Mineral Law
Wind Energy
Water Rights
IRC 1031 Tax Deferred Exchange

For more information contact our office at http://www.pfisterlandco.com/

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