few things come to mind....

1. holding cost usually pretty high on bare ground.
2. are these lots subdivided already? surveys done and recorded?
3. roads are in?

所有跟帖: 

Yes, subdivided already。 Surveys done and recorded。 -汉中- 给 汉中 发送悄悄话 (14 bytes) () 01/18/2010 postreply 12:07:32

the reason why original owner borrowed 1mil & why it is so cheap -jy101- 给 jy101 发送悄悄话 jy101 的博客首页 (387 bytes) () 01/18/2010 postreply 12:24:52

银行当时原价60万。但政府逼着银行必须在30天内清一笔债。 -汉中- 给 汉中 发送悄悄话 (88 bytes) () 01/18/2010 postreply 18:48:26

如山 and JY are the most qualified -sunskitehomes- 给 sunskitehomes 发送悄悄话 sunskitehomes 的博客首页 (318 bytes) () 01/18/2010 postreply 14:56:35

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