Posted 3/30/2020 23:17 (#8152851 - in reply to #8152834) Subject: RE: Farmland Mortgage Refinance Interest Rates
C IL
What’s so hard about that?
Here there are no recent sales for comps, just print out a blank report with some old comps, some narrative about low cap rates, low interest rates, and lack of supply maintaining land values. Same narrative as the last 10 years.
Write in the legal description of the farm, get the acres accurate and multiply by land value, and send it out the door.