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Land Appraisals
#4186591
08/27/24 08:01 AM
08/27/24 08:01 AM
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Joined: Jan 2014
Posts: 10,555
Scottsboro, Al
jbatey1
OP
Lucky Bastage
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OP
Lucky Bastage
Joined: Jan 2014
Posts: 10,555
Scottsboro, Al
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Do any of you recommend a land appraiser in the NE part of the state?
The fool tells me his reasons; the wise man persuades me with my own.
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Re: Land Appraisals
[Re: jbatey1]
#4186652
08/27/24 10:10 AM
08/27/24 10:10 AM
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Joined: Dec 2004
Posts: 5,427
Hartselle
longshot
12 point
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12 point
Joined: Dec 2004
Posts: 5,427
Hartselle
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If your looking to sale some just make up a ridiculous number and put that on it. If your looking to buy see my 1st comment. Everything in North AL and Southern TN has more than doubled in the past 10 years.
It seems my dream of having my own 5-10 acre cabin place is all but dead because of this
I Pledge Allegiance to the flag of the United States of America. and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all.
Some men are born brothers, Others earn it... JD
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Re: Land Appraisals
[Re: jbatey1]
#4186753
08/27/24 01:06 PM
08/27/24 01:06 PM
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Joined: Nov 2005
Posts: 4,140
Jasper
buckhunter2
10 point
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10 point
Joined: Nov 2005
Posts: 4,140
Jasper
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Unfortunately….Longshot is not wrong!
If you are selling, all you need is one idiot to make your dreams come true. Currently there’s no shortage of idiots.
If you are buying…goodluck and be prepared to be an idiot if you want in on the action.
You're only as good as your worst shot-
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Re: Land Appraisals
[Re: jbatey1]
#4186807
08/27/24 03:17 PM
08/27/24 03:17 PM
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Joined: Jun 2019
Posts: 3,559
Sylvania Alabama
Sandmtnslayer
10 point
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10 point
Joined: Jun 2019
Posts: 3,559
Sylvania Alabama
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I know this property over in dekalb county is bringing stupid money.
Not all Indians were hunters some toted firewood
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Re: Land Appraisals
[Re: jbatey1]
#4186864
08/27/24 05:10 PM
08/27/24 05:10 PM
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Joined: Jun 2002
Posts: 1,236
Birmingham,AL
low wall
8 point
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8 point
Joined: Jun 2002
Posts: 1,236
Birmingham,AL
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Rusty Rich at Integra in Birmingham has a guy in his office that enjoys doing rural land work. Scatt Allen, with Tillman Allen and Sizemore (Gadsden) would be a good one to call. If neither of them want it, at least they could probably point you in the right direction.
Used to be a lifeguard, until that blue kid got me fired.
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Re: Land Appraisals
[Re: BradB]
#4186996
08/27/24 09:06 PM
08/27/24 09:06 PM
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Joined: Jan 2014
Posts: 10,555
Scottsboro, Al
jbatey1
OP
Lucky Bastage
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OP
Lucky Bastage
Joined: Jan 2014
Posts: 10,555
Scottsboro, Al
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Well if your land was in Florida I could take care of it. Spent a little over 30 years appraising real property for litigation. What’s the purpose of the appraisal and what kind of property? It makes a difference. Family farm. Me and the wife own some land, some of her family owns some. They’ve came to a number that they would supposedly agree to sell me their property which would put our owned total to 700acres. I just wanted it for my own mind. Of course, if I go through Farm credit, they’ll help with any of this stuff I’m sure. It was appraised 3 years ago, but I know things could have changed in those 3 years- and I don’t know if an appraisal 3 years old could be used for anything useful now or not. FWIW, I wouldn’t sell the property for 5x what it previously appraised for, so I don’t really care what it appraises for as long as it would meet any requirements I need in the event of a loan. Which I’m sure it wouldn’t have a problem doing. Theres potential for a large timber harvest, and some other things that I have to work through and run rough numbers before farm credit though. Just getting some ducks, somewhat, in a row.
The fool tells me his reasons; the wise man persuades me with my own.
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Re: Land Appraisals
[Re: jbatey1]
#4187088
08/28/24 07:01 AM
08/28/24 07:01 AM
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Joined: Jun 2002
Posts: 1,236
Birmingham,AL
low wall
8 point
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8 point
Joined: Jun 2002
Posts: 1,236
Birmingham,AL
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Federal regs are going to require an appraisal done for the bank/lending agency, not the borrower. You might want to get on board with your lender early, work through the process with them. They can't use an appraisal done for the borrower. I was a fee appraiser for 30+years, and have been doing reviews for a regional bank for the past twelve.
Used to be a lifeguard, until that blue kid got me fired.
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