Keith.Boyd at ColumbiaSC.NCR.COM
Wed Jan 7 09:59:02 EST 1998
Larry, I agree with you most wholeheartedly. Pine trees are a huge
moneymaking business here in the Southeast. Paper companies are buying
every single acre they can get their hands on. Why? To cut the timber
off of it and then come right back and replant more pine trees. After,
about 10 years, they thin those out. Then another 10-20 years later they
clearcut what's left. And then they start all over again. The trees are
definitely worth more than the land could ever appraise for.
Larry Caldwell wrote:
> In article <34B1186E.37C7 at NOTanEMAILaddress.com>,
> jimi <jimi_hendrix at NOTanEMAILaddress.com> wrote:
> > Before you cut, are you interested in selling some of the acreage, lock,
> > stock and mineral rights?
> > You may be suprised on how much a real-estate agent will appraise your
> > land compared to the long term value of the timber.
> That's interesting. Here in western Oregon, realtors think of timber as
> a sort of huge arbor vitae in the back yard. It's not uncommon to find
> property selling for less than the value of the standing timber.
> Before I trusted a real estate appraisal, I'd hire a forester for a
> cruise and appraisal.
> -- Larry
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