When people are looking to buy recreational property, information about the timber on a property can be the toughest thing for a buyer to understand.
Tag - Merchantable Timber
I have a rule against giving my time away for free, which I am trying to enforce more diligently than when I was 30 when I had more time to give away.
Timber that has commercial value as determined by local standards and local buyers is referred to as merchantable timber (“merch”).
It used to be a lot easier to make money in timberland investments than it is today. The old days were better…at least for that.
How should a timberland buyer use his own forester’s accurate cruise information with a seller who has provided inflated volumes and values?