Ok, so if this property were a single family home and not 95.38-acres with one mile waterfront it could have a typical real estate sign with the real estate office and above that a PENDING sign. These familiar signs typically change from FOR SALE to PENDING to SOLD.
So, this $18-million sale of land is currently in the PENDING stage. I get it and this actually makes some logical and believable sense to me. It seems very possible that a small percentage of the agreed price would be put down as a deposit as the case goes through charitable trust scrutiny in both Massachusetts and New Hampshire.
So, the closing has been PENDING since February 9, 2024 and the actual amount of the down payment, if any, is not publicly known while the full price is $18-mil, publicly agreed between seller and buyer.
It will be interesting to see what happens? I suppose that only time will tell? Who knows how this will either go through or fall through? What will happen with the 95.38-acres on Lake Winnipesaukee? .......
