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dittfarms

Posted 1/23/2016 12:15 (#5057815 - in reply to #5057805)
Subject: RE: Sale: $10,900/$8,100 Rent: $333

ottertail co mn

Bankers are quite shaken that such high quality land went for this price.

Does this mean that it was a good deal for the buyer in the bankers eyes?

Does it mean the bankers need to write down the values on the balance sheets of a bunch of guys that are already in trouble?

What are the values being used on b/s for land that was being sold for $13-15k?

Is this going to effect the ability to get input loans?

I just have a lot of questions when I hear the statement made above.

I have my land valued at about 75% of what I think I could get for it. I would not feel comfortable at 100% or higher value when working on how high I want my net worth to be.

TIA

Sale: $10,900/$8,100 Rent: $333 - Ben Riensche : 1/23/2016 12:06
- RE: Sale: $10,900/$8,100 Rent: $333 - dittfarms : 1/23/2016 12:15
- RE: Sale: $10,900/$8,100 Rent: $333 - Rolinacres : 1/23/2016 12:47
  - RE: Sale: $10,900/$8,100 Rent: $333 - Mark in WCIowa : 1/23/2016 15:49
- RE: Sale: $10,900/$8,100 Rent: $333 - frytownfarmer : 1/23/2016 13:09
  - RE: Sale: $10,900/$8,100 Rent: $333 - Kooiker : 1/23/2016 19:42
- RE: Sale: $10,900/$8,100 Rent: $333 - Noah : 1/23/2016 15:17
- RE: Sale: $10,900/$8,100 Rent: $333 - Brandon SWIA : 1/23/2016 15:49
  - rent 333 - Honkytonkman : 1/23/2016 17:19
    - RE: rent 333 - ricefarmer14 : 1/23/2016 18:47
      - RE: rent 333 - ricefarmer14 : 1/23/2016 22:51
        
        RE: rent 333 - ricefarmer14 : 1/24/2016 08:11
        
        RE: rent 333 - ricefarmer14 : 1/24/2016 09:39
        
        RE: rent 333 - ricefarmer14 : 1/24/2016 10:16
        RE: kinda gives a new meaning to capital intensive - johnny skeptical : 1/24/2016 10:47
        
        RE: kinda gives a new meaning to capital intensive - Mark in WCIowa : 1/24/2016 11:38
        
        RE: kinda gives a new meaning to capital intensive - johnny skeptical : 1/24/2016 11:55
        
        RE: kinda gives a new meaning to capital intensive - Kooiker : 1/24/2016 13:20
        
        RE: kinda gives a new meaning to capital intensive - johnny skeptical : 1/24/2016 21:01
    - RE: rent 333 - ahay68979 : 1/23/2016 21:15
    - It doesn't pencil for me Boone - Ben Riensche : 1/24/2016 16:21
      - Ben R - Honkytonkman : 1/24/2016 16:47
        
        RE: Ben R - Ben Riensche : 1/24/2016 17:11
        
        RE: Ben R - Honkytonkman : 1/24/2016 17:52
        
        RE: Ben R - Tileman2 : 1/24/2016 21:15
        
        RE: Ben R yep tileman - Honkytonkman : 1/24/2016 21:43
      - RE: It doesn't pencil for me Boone - dittfarms : 1/24/2016 16:47
      - RE: It doesn't pencil for me Boone - humblefarmer : 1/24/2016 16:51
  - RE: Sale: $10,900/$8,100 Rent: $333 - marbro1 : 1/23/2016 18:13
    - RE: Sale: $10,900/$8,100 Rent: $333 - Brandon SWIA : 1/23/2016 18:19
      - RE: Sale: $10,900/$8,100 Rent: $333 - swia : 1/24/2016 07:44
        
        RE: Sale: $10,900/$8,100 Rent: $333 - Brandon SWIA : 1/24/2016 08:07
        
        RE: Sale: $10,900/$8,100 Rent: $333 - SWIA Row Crop : 1/24/2016 21:29
        
        RE: Sale: $10,900/$8,100 Rent: $333 - Brandon SWIA : 1/24/2016 21:51
        
        RE: Sale: $10,900/$8,100 Rent: $333 - SWIA Row Crop : 1/25/2016 18:23
- RE: Sale: $10,900/$8,100 Rent: $333 - humblefarmer : 1/24/2016 08:51
- RE: Sale: $10,900/$8,100 Rent: $333 - McFarmer : 1/24/2016 09:37
  - RE: Sale: $10,900/$8,100 Rent: $333 - neiowa : 1/25/2016 14:24

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