Name:	Dinky -	Reply
Subject:	Alabama Power Co leases
Date:	9/1/2015 9:24:41 AM

i was wondering if anyone who has had a lease with Alabama Power Company and is up for renewal soon is experiencing a drastic increase. Like 150%?  :(

Name:	lucky67 -	Reply
Subject:	Alabama Power Co leases
Date:	9/1/2015 10:16:30 AM

no surprise there// risk you take with a lease; think they are telling you something

Name:	lucky67 -	Reply
Subject:	Alabama Power Co leases
Date:	9/1/2015 11:40:54 AM

just means they want to auction off your land

Name:	hounddog -	Reply
Subject:	Alabama Power Co leases
Date:	9/1/2015 3:00:10 PM

We have a neighbor who bought a home on a leased lot . They want to buy the lot now so they had it appraised by a realtor . I believe the realtor quoted them about 250 k for the lot value and they said that APCo gave them a price of around 325k to purchase .

they have made a lot of improvements to the lot out of their own pockets . I guess APCo is using those improvement values to determine their evaluation . I can't help but wonder what they expected to happen other than what is . If you lease property and make improvements to it ,the owner of the property is going to be the one to benefit from those improvements in the long run . I am not the sharpest tool in the shed by a long shot but I believe that I would only  "buy " something that I would be the sole owner of . If I was going to lease a lot , that lot would remain as it was when I leased it and would put  no more than a modest cabin on it that I could walk away from without being hurt too badly . Or maybe just park a motorhome on it that I could drive away in . 

Name:	alatraveler50 -	Reply
Subject:	Alabama Power Co leases
Date:	9/2/2015 4:42:23 PM

Hate to hear about the price they are asking.  But it does make me keep smiling.  I bought my acre from them in '87 for $6400.  They will give all your lease mony back.

Name:	Dinky -	Reply
Subject:	Alabama Power Co leases
Date:	9/2/2015 5:48:59 PM

What did you mean about them giving you your lease money back?

Name:	Dinky -	Reply
Subject:	Alabama Power Co leases
Date:	9/2/2015 5:49:16 PM

What did you mean about them giving you your lease money back?

Name:	alatraveler50 -	Reply
Subject:	Alabama Power Co leases
Date:	9/3/2015 9:39:44 AM

They had quoted us a price for the lot.  When we went to closing, they deducted all the lease monies paid from the number they had quoted.  Don't know if they are still doing this or not but that's what they did 30 years ago.