I think your concern is legitimate

and not your debt free mentality getting in the way of a good deal. If the seller won’t lower the price or give you money towards the land being deeded to the neighbor, and quickly, I would run the other way. Sometimes things happen for a reason, so your perfect plot might be out there and the universe is working magic to get you there.

Seriously, when buying our house, dh and I had our hearts SET on one place. It appeared shiny and beautiful, one of those too-good-to-be-true deals where the seller supposedly gutted and completed rehabbed it. Well just after our offer was submittied it was declined because they had something better, but about two months later they called us right back and said they’d take our offer afterall. We thought it was very odd they just declined our offer without countering, said they had another buyer offer much more, and then came crawling back. Well, we had already fallen in love again with a better house and we moved on. We found out later, the seller was hiding some issues. I don’t know exactly what, but it was enough to scare away someone!

So, I dont know – but I have always believed some things seem unfair at first, but they do happen for a reason.