Should landowners accept the ITAs offer to buy their land?
Experience shows that landowners will always fare better by refusing to sell and holding out, regardless of intimidation and sales pressure. Judge Buchanon says the ITA will not use eminent domain to seize land. If he can be believed, landowners should remain steadfast and not sell out. Those landowners who feel they must sell should know that Judge Buchanon has testified that the ITA intends to buy land at $5,000 per acre and sell it for $28,000 per acre. Early sellers should hold out for at least $28,000 per acre. A landowner should retain a good lawyer as soon as possible.
