Name:   Dinky - Subject:   Alabama Power Leased Lots Date:   4/5/2014 10:57:37 PM (updated 4/5/2014 11:26:44 PM)

Our lot was recently appraised by the Alabama power company to offer to us for sale.  The price of the land added onto the appraisal of the house makes it one of the highest in our area. It is probably one of the smallest houses. About 10 years ago the lot was offered to the owner and the price was a third of what it was appraised for recently. I realize that prices are higher over all, but 3 times higher? I don't know any financial institution that would consider loaning that amount of money on that property. The rep from the Power Company told me to consider making an offer that I thought was appropriate and see what happened.  I plan on asking for a copy of the appraisal so that I can see just what the comp properties were.