An update on things, interested folks, go to the link below.http://groups.yahoo.com/group/WhiteMountainLandClub
Dated circa winter 2005
The White Mountain Land Club...is a loose affiliation of people interested in buying land at good prices in the state of New Hampshire.
We consider property in all regions of the state, but try to find suitable locations near areas of employment if possible.
Some people are interested in this for profit generation, some are interested in building a sustainable community, while others are interested in just getting some space to themselves. Everyone is interested in having good neighbors in the free state.
We are willing to work cooperatively with all conservatories and habitat preservation organizations as well as the established building unions and political bodies to result in a win-win scenario for all.
Raw land is often cheapest per acre if it is bought in large parcels. However large parcels are expensive and we need to cooperatively pool funds in order to make such bulk purchases. By acting in concert the price normally 5,000 to 10,000 pre acre can be reduced down to $1,000 per acre or below. In addition the possibility of logging some of these properties can further brings costs down to well below $500 per acre.
Weâ€™ve been through several iterations of trying to properly set up a vehicle for such a coordinated purchase and have finally settled by necessity on using a newly created GPS mapping and property information company.
The company Vykos Realty Information Services LLC, is manager-managed by Jeremy Noyes.
While the businesses primary function is conveniently providing access to property information, its secondary service is the desired coordinated purchase of suitable properties. The third will be in the design and construction of sustainable communities and homes.
The coordinated purchase service provided to the â€œcustomersâ€ is currently based upon $10,000 increments, and while some funds are used for the operation of the company each customer will get 100% of the fair market value of their initial service purchase when it becomes time to disperse the use of the property.
While the initial desire was for this to be a â€œcash up frontâ€ venture, we are now considering the possibility of using creative financing utilizing low or no interest loans, seller owner financing, and the creation of our own credit union or bank.
WMLC list manager