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Buying and Selling Land in a Depressed Market 02/23/10 |
It goes without saying; we certainly are in a depressed economy with very little consumer confidence. I don’t want to analyze how or why we got here or when recovery will be apparent. Everyone has an opinion of this, but I believe we are at the bottom and we will slowly climb out. What we do want to discuss is strategy for buying and selling land.
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Our Expectations for 2009 |
With the elections, high fuel prices and the housing mess we have experienced, 2008 has been an interesting year for everyone. The media frenzy has also been a drain on consumer confidence. I am optimistic that in 2009 we will see improvement in our economy. There is a huge amount of capital on the sidelines waiting for that spark of good news. There are funds in place with more on the way that should ease the credit crunch and stimulate growth. We are beginning to see activity from buyers looking in our local land market.
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Herbicides and Fertilization in Forestry |
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I recently attended a continuing education course for my forestry license. This stimulated some thoughts that might interest our clients and readers. Many landowners are reluctant to spend additional money on timber stands. The length of the rotation or time it takes to receive any benefit for the capital invested in the stand takes too long. If you view your timber stand like a corn or soybean crop, you have to control competing vegetation and fertilize or you will not have any yield at the end of the year.
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Your Land & Legal Issues You Need to Be Aware Of |
Over the years, Green Hill Land & Timber has helped many clients. Most have very few complications with their land and title to their land. However, we have run across a few problems and would like to make you aware of some of the necessary issues that need to be addressed. GHLT is sharing this article with you for information purposes but wants to be clear that we do not provide legal advice. The important topics addressed below are to stimulate thought and help you ask the questions that need to be answered.
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Find The Holes In Your Wildlife Management Program by Mark Buxton |
Here is another article by Mark that reflects on how important it is to have a complete year-round program. To have the best results, a management plan is limited by it's shortcomings. Mark has implemented plans all over the southeast with fantastic success and again, we appreciat him sharing some of his thoughts.
When I design a management plan for a landowner I always stress the importance of adhering to the entire program. If you take a bucket that is full of holes and try to fill it with water, it will only fill to the lowest hole in the bucket. That’s also true for a management plan. You can’t implement bits and pieces of a management plan and expect it to work.
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