Bogus cruises: How they work, Part III
The seller of a timberland tract may be tempted to overstate the extent and value of his stumpage.
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The seller of a timberland tract may be tempted to overstate the extent and value of his stumpage.
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The seller of a timberland tract may be tempted to overstate the extent and value of his stumpage.
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Timberland sellers often provide buyers with an estimate of their property’s timber volume and its value.
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Several individuals have contacted me in the last few weeks because they are interested in buying timberland. That’s new. Are these signals of a turnaround?
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Timberland buyers need to figure out what a tract’s timber is worth before they submit a purchase offer.
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