mos6507 wrote:You're going to need a few of these:
There are plenty of places in the Southwest that have amazing water sources. You just need to know where to look, have some patience, and do a little title searching because most places aren't put up for sale but many are willing to sell in tough times.
Last year we picked up 140 acres that bordered our 160. It was owned by a brother and sister that were the great grandchildren of the original homesteader similiar to my family. The difference is they had no plans to do anything with the property but kept it because it was passed down through the family. We noticed they had not run cattle in over 10 years, no longer held their forest grazing permits, and the trees were beginning to take over.
So we did a title search and located the owners, told them we owned the land next door, and made them an offer. Our offer was much lower than fair market value but they did not live in the area and did not know what real estate prices were at the time and it sounded like a lot of money to them. We did not use a real estate agent or company so they did not have to pay the commission and could pocket 100% of the money. So they sold us the property.
For more than 100 years the land had been in their family and never once had a for sale sign on it. But they sold it because they wanted money rather than the land.