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80 acre parcel, 62csr, tiled, 75 tillable, $7250,, would u buy it?
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iadirt
Posted 11/4/2012 08:42 (#2677173 - in reply to #2677052)
Subject: RE: 80 acre parcel, 62csr, tiled, 75 tillable, $7250,, would u buy it?


I understand what you're saying. My financial stmts are based on purchase price of land plus improvements. But just for fun I do crank them up to market value. Most lenders learned this in the 80s. Good point though in being conservative in valuations.
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