Here’s the scoop:
There’s an acre with a house, owner has an opportunity to purchase the five acres adjacent to him, the problem is the house on the acre will not appraise for enough cash out to purchase the property. It will appraise for the necessary money when the 5 acres is included in the appraisal. Therefore the house plus 5 acres will appraise for the amount needed to cash out to buy the five acres. Yes, the appraisal includes 5 acres that is not owned yet, but will be with that cash out money. Other than owner financing, does anyone know of a way to do this?