Press Enterprise - "Waiting Game" (1-28-07)

"Developers are trying to renegotiate for better prices or longer option periods. Many are getting what they ask and some have simply walked away from what could become money-losing deals. In those cases, farmers can keep both their land and the payments they received on the options, sometimes totaling $1 million or more. However, if farmers are resigned to sell their property, they have to find another buyer."