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Iso
by AustinC. 05/21/24 05:01 PM
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Re: Question for the timber folks
[Re: Fuzzy_Bunny]
#1132502
11/01/14 12:09 PM
11/01/14 12:09 PM
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Joined: Mar 2004
Posts: 7,888 Monroe County, AL
deadeye
14 point
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14 point
Joined: Mar 2004
Posts: 7,888
Monroe County, AL
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Lump sum makes sense sometimes but I don't like to be obligated to the buyer and like to keep the option to demand they pack up and leave if I don't like their operation. You definitely want a performance bond in a lump sum deal. I recommend you hire a professional to put it together for you and manage the sale which is an additional quite sizable expense. BUT - if you don't know anything about selling timber or replanting it is money well spent.
Last edited by deadeye; 11/01/14 12:15 PM.
A man is not old until regrets take the place of dreams
He alone is educated who has learned the lessons of open-mindedness
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