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How do I know if I’m paying a fair price for recreational land?

How do I know if I’m paying a fair price for recreational land?

As we see the market for recreational land sales continue to improve, one question continues to bother some prospective buyers: “How do I know if I’m paying a fair price?”

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Land Appraisals - A Lender’s Perspective

Land Appraisals – A Lender’s Perspective

If you’ve ever used real estate as collateral for a loan, you were likely required to have the property appraised. Understanding how a land lender uses an appraisal is important for you since it will influence…

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Comparable or Not? The Shortcomings of the Comparable Sales Appraisal in Rural Real Estate

Comparable or Not? The Shortcomings of the Comparable Sales Appraisal in Rural Real Estate

I realize that what I am about to say is not going to be welcomed by many in the appraisal…

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What’s the difference between market value and net intrinsic worth?

LandThink posted my weekly “Country Real Estate” column last week that discussed a low-cost, low-tech approach to estimating a property’s…

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Here’s a simple approach to determining market value: TAV analysis

Both seller and buyer need a way to get a general idea of the current worth of a particular property in its local market.

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