All good points, Mark.
We have bought property from Coal companies in the past, and knew to look for most of that and where to look. But, I appreciate your bringing those points up. I actually enjoy this kind of research.
We do know that he holds a clear, lien free deed to it. There are no back taxes or judgments against the property or him. He did not purchase it, it was passed down to him. I did not continue to dig further back to find when it was purchased. Tax valuation is in line with purchase price.
As is the norm around here, he does not own mineral rights. I did not investigate to find who does own them. Doesn't much matter to me, because almost anyplace I can afford to buy, the situation will be the same.
There are no known wells on the property, active or inactive. I have not called the DEP.
We could find no record of the property being under lease to a gas company.
There is a fairly new, active gas well within a mile of the property, but not on the property.
There was some logging on the property about 2 years ago, but they cleaned up their mess. I have not found anything like tires or other dumping activity (been there, done that). Also no evidence of any other odd goings on like a meth lab or squatters/encroachment.
I haven't dug into the mine maps far enough to determine if it is under mined, and at what depth. I would not be at all surprised if it is. Talking to people who live on the same hill, and their families have for generations, they state that there have been no active mines near by for years. Of course, it is possible that a mine miles away goes underneath it. There is no history of subsidence or other mine related issues in the area. There have been no mine related surface activity on or near the property (tipple, processing, etc). Since it is at the top of a hill, mine related runoff/pollution onto the property is not an issue or concern.
Mark, I will send you a PM with the location if you are curious. I do not have enough geological expertise to determine what may be under it beyond the highly technical "rocks and dirt".
We have bought property from Coal companies in the past, and knew to look for most of that and where to look. But, I appreciate your bringing those points up. I actually enjoy this kind of research.
We do know that he holds a clear, lien free deed to it. There are no back taxes or judgments against the property or him. He did not purchase it, it was passed down to him. I did not continue to dig further back to find when it was purchased. Tax valuation is in line with purchase price.
As is the norm around here, he does not own mineral rights. I did not investigate to find who does own them. Doesn't much matter to me, because almost anyplace I can afford to buy, the situation will be the same.
There are no known wells on the property, active or inactive. I have not called the DEP.
We could find no record of the property being under lease to a gas company.
There is a fairly new, active gas well within a mile of the property, but not on the property.
There was some logging on the property about 2 years ago, but they cleaned up their mess. I have not found anything like tires or other dumping activity (been there, done that). Also no evidence of any other odd goings on like a meth lab or squatters/encroachment.
I haven't dug into the mine maps far enough to determine if it is under mined, and at what depth. I would not be at all surprised if it is. Talking to people who live on the same hill, and their families have for generations, they state that there have been no active mines near by for years. Of course, it is possible that a mine miles away goes underneath it. There is no history of subsidence or other mine related issues in the area. There have been no mine related surface activity on or near the property (tipple, processing, etc). Since it is at the top of a hill, mine related runoff/pollution onto the property is not an issue or concern.
Mark, I will send you a PM with the location if you are curious. I do not have enough geological expertise to determine what may be under it beyond the highly technical "rocks and dirt".