Seems that way, I have been around that long to know, but following your lead on it for sure...
Just wondering why anyone would get so steamed up about buying a worthless piece of property.
These plans of home inhibition for life can be gotten around. Seen this done in some of our "Better" family's up here. Kids get together and buy out a elderly relatives home and land. The relative just pays utilities but has the money in the bank from the sale. After 12-18 months the family gets together to get a judge to declare the family member incompetent, a bit of a bribe works here, and member is removed from the home and placed into a nursing home of some kind. Family gets court orders to also control there finances.
Now family gets the home and land and the money they paid for it back from members bank account. Result is the relative is now pennyless, angry as a hornet and they have lost all controll of their lives.
One thing about a nursing home is the family not you has the right to give orders on your care. I saw this when a woman from a VERY wealthy family had her declared incompetent and ordered their relative to stay in her private room 24/7 with no guests. No way she could fight back, no phone or money to hire a Lawyer, no way to convince visitors that they had been scammed by loved ones they trusted. Heart breaking.
Have to be carefull if one has only distant relatives or even sons and daughters and grandchildren. If one can stomach the education on humane nature get a job in a nursing home or volunteer at one and watch how the family's interact with their family, if they even care to visit once every 3 years.
It's all about the MONEY, and if no family there is allways someone willing to pull the gold out of a elderly persons teeth.
Much money for worthless land is a big flag to me, so many scams by lawyers and doctors to get their hands on a mention in a will. Realestate Agents with a heads up of some project coming in 5 years or so to buy our home owners for cheap that stand in the way of a project in the future.
New London Conn. where the town and State forced 300 people to give up their homes by public domain in order to build a hotel. People were dragged out of their homes at gun point when they refused the offer of a sale price of half the value of their homes. I will not forget that one. I had friends that got caught up in what they called a Police State. A Private business came in and somehow forced these people off their land using town and state police. This action was not for public improvement but for some company to benefit it.
Google it, a horror story that can happen anywhere.
Suspicious Yes, when it comes to land and money you bet I am, So what benefit to you and your friends would this worthless piece pf property be to you if you have to pay taxes on it for 20 years ??????