An Overview of Timberland Appraisals
Purchasing timberland for sale in Florida means you’ll need access to forestry experts who are qualified and knowledgeable. Expert timberland appraisers are knowledgeable in forest finance and management. Our forestry group understands the intricacies of forest management and want to give you an overview of timberland appraisals to help you understand how an appraisal will help you make the right investment decision.
Purpose of an Appraisal
Appraisals are conducted for various reasons. The objective of an appraisal is based on the needs of the one who owns or wants to purchase a property. During an appraisal, market value, assessed value, investment value, and insurable value are evaluated. This will help landowners and potential buyers make appropriate decisions regarding the investment.
Reasons Appraisals are Performed
Appraisals are performed for various reasons. It is advised that when you are deciding to buy timberland you’ll want to get an appraisal. A buyer interested in forestland will want an appraisal to help them decide if they want to invest in forestry. Appraisals can also serve as a guide for selling timberland and to determine damages. You may request an appraisal for any of the following reasons:
- Financing and credit
- Litigation that which includes violations, disputes, and partnerships
- Transfer of ownership which includes merging and determining prices
- Tax matters which may include inheritance, gifting, determining depreciable and nondepreciable items
Selecting an Appraiser
Investing in Florida timberland for sale requires meticulous planning. Valuing timberland requires the expertise of a real estate broker that specializes in timberland. As forestry experts, we help you by determining risk, profitability, and suitability of timberland. Visit our partners, Natural Resource Planning Services for comprehensive appraisals. After an appraisal, buyers and sellers will feel more confident when making investment decisions.