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Auction Prices Eastern PA

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Richard Fazio

04-24-2005 15:57:00




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I was at an auction in eastern PA last Saturday. The guy had I think, 6 Farmalls. They all ran nice except the F-20. A nice looking Cub with very nice paint on the sheet metal and not so great paint on the rest went for $2400. A BN that needed paint went for $1600. There was an H that was a little rough in the paint department but seemed to run ok. It went for $2200. There was an F-20 that didn't look bad. They said it hadn't run in a few years but it was free. The paint was old and the manifold was cracked. The bidding started low and no one was bidding, I almost was going to jump in at $500. My wife was with me and would have killed me. Then it slowly went up to $1000. This was the second time I've been at an auction and heard that a Pennsylvania farm was closed because the town condemned the land so they could take it and use it for something else. Has anyone heard of this? How can they justify taking your land away cause the town wants it? Is this a Pennsylvania thing? I'm from NY and haven't heard of this.

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El Toro

04-25-2005 09:53:38




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 Re: Auction Prices Eastern PA in reply to Richard Fazio, 04-24-2005 15:57:00  
That occurred here in MD when I-95 was going to be built in the early 60's. They divided farms
and even through some homes.

When my home was being built back in 1968, we rented a home since we had to give possession of the sold home.

The house we rented was a house that was in the path of I-95 and had been bought from the state of MD and moved to another location. The original owners had only been in the new house for short time. The lady was expecting her first baby and do to the moving and losing her home she lost the baby. What the state wants they will take. Hal

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kidagin

04-25-2005 06:51:45




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 Re: Auction Prices Eastern PA in reply to Richard Fazio, 04-24-2005 15:57:00  
I'm pretty sure the principle of eminent domain is applicable in all states. Among the problems is the issue of "fair market value". What the governmental body thinks is fair may be a lot less than what you could actually sell it for.



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ENJ62

04-25-2005 06:40:50




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 Re: Auction Prices Eastern PA in reply to Richard Fazio, 04-24-2005 15:57:00  
Rich I live just south of Buffalo. That practice of the state taking your land for public use exists here to. Whats left of the farm I reside on was split in half many years ago by the route 219 and the front acreage was nipped away for revamping of route 20.The state pays market value plus I think there is some extra added in if your moving a household or a complete farm.

ED



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El Toro

04-24-2005 16:39:28




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 Re: Auction Prices Eastern PA in reply to Richard Fazio, 04-24-2005 15:57:00  
Hi Richard, That term is called Emminent Domain
where a state can take your private property for public use. They're suppose to give you the fair market value, not sure that is always the case. I think they would have it in NY too. Hal



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scot_c

04-24-2005 16:18:15




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 Re: Auction Prices Eastern PA in reply to Richard Fazio, 04-24-2005 15:57:00  
the state owns some land here and there that has restricions on the deeds that it can only be used for agriculture that they lease or let guys use it(?). They are slowly trying to use it for other things and buying less productive ground to "replace" it. They are also trying to get some laws passed to put penalties on local anti-farm ordinances but our lovely govnor vetoes. He's also a big gamblimg proponent and wants to merge fish and boat comm. with the game commision to "save costs". The game commission is self-sustaining though, so the state has no control over it. What he is really after is to get state control of some land up by erie to try to get a casino built. He thinks that having a casino in erie would get people from cleveland who go to niagara falls area to gamble to stop there instead of doing the extra traveling, and PA can collect on the revenues. I think though that the cost increase that goes with the government taking over operations of anything will cost more than the gamblimg revenue is worth. I might consider moving once our place is sold because of all the regulations. We can't even get our old farm trucks safety inspected anymore because of the friggin emmissions reg's. They got those put in place because they managed to make only one of our 60+ counties pass air quality tests, which is odd considering all that there is in some parts of the state. It's becoming another communist state here but at least we don't have split speed limits yet.

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