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Thinking of selling – get an appraisal

August 18th, 2011 | Posted by admin in Blog Post

f you’re thinking of selling your horse farm, let me recommend to you that your first step should be to get an appraisal of your property.  With all the negative news that’s appearing in the media these days, I’m sure we’re all aware of the current real estate market conditions. Having a realistic opinion of the value of your farm is critical to a successful sale.  I’ve been fortunate to get 3 contracts on horse farms in the last few months.  In two situations, the buyer and seller couldn’t come to an agreed-to price and the negotiations stalled.   Fortunately, in each case, the parties agreed to have the property appraised. Once that objective evaluation was made known to both parties, negotiations continued to successful conclusions.    Having a current appraisal and sharing it with a potential buyer takes away all the subjectivity and generalizations that we see in the media on a daily basis and allows both parties to make decisions on the specifics of the farm itself.  If you’re thinking of selling, get an appraisal done by a qualified Appraiser

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