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MONETTE FARMS land parcels for sale

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    #61
    Originally posted by farmaholic View Post

    I didn't think ISC land titles fees were charged as a percentage of sale price.
    ISC charges almost 1/2 percent of the land value so 4 dollars on a thousand.

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      #62
      Evaluation is flawed...are rented acres included? Pretty sure they can't sell 180,000 acres of rented land!

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        #63
        Says at the bottom of the list that vendor cannot guarantee that any current leases will be transferred to the purchaser

        Comment


          #64
          Originally posted by TSIPP View Post
          ISC charges almost 1/2 percent of the land value so 4 dollars on a thousand.
          Thanks for verifying

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            #65
            I wasn’t positive so I looked it up. Seems kinda expensive for filling paper work, I guess it’s computer stuff now.

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              #66
              Originally posted by zeefarmer View Post
              Says at the bottom of the list that vendor cannot guarantee that any current leases will be transferred to the purchaser
              Interesting. One lawyer recommended caveats. Get a landlord to agree to that bwahaha.
              Renting farmland now like renting an apartment. Take it or leave it little man.

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                #67
                The farm sites and acres they have accumulate is turly remarkable.

                The farming and business ambition is second to none.

                Love him or hate this person (or people), they had unbelievable drive.

                Now this is a business model for whatever reasons should be thought in Ag. Schools.

                Their crop report for Sask would probably be very accurate.

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                  #68
                  If history has taught one thing it is this: when the buyer becomes the seller there is a whole new set of valuations in play. You just have to wait until the receiver moves in first otherwise the new purchase drags both down. Happened many times. On the ones I checked the price is owned land and improvements . What will happen to some of the rented land when the highest bidding renter goes down? All real estate transactions involve buyer and selling haggling over future expectations of inflation. In the 70's, buyers expected inflation to continue but when it did not, things did not work out well. Western canuckistan farmland is dependent on the export market. Many people around the world are becoming poorer. ottawa is even trying to cut the federal disservice. The canuckistanian economy is failing. Say one thing about marxist compared to his predecessor, is that he does have a clue about the shape of the economy

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                    #69
                    Originally posted by foragefarmer View Post
                    The farm sites and acres they have accumulate is turly remarkable.

                    The farming and business ambition is second to none.

                    Love him or hate this person (or people), they had unbelievable drive.

                    Now this is a business model for whatever reasons should be thought in Ag. Schools.

                    Their crop report for Sask would probably be very accurate.
                    This is pure speculation on my part, so I could be completely wrong.

                    But. If this turns out to have been a Ponzi scheme all along, requiring constant exponential growth to obfuscate the actual operating losses, and ends like every Ponzi scheme must;
                    Do you still want this to be taught (or thought, whatever that means) in ag schools?
                    As a bad example, or do you support this type of behaviour?

                    Comment


                      #70
                      Originally posted by AlbertaFarmer5 View Post

                      This is pure speculation on my part, so I could be completely wrong.

                      But. If this turns out to have been a Ponzi scheme all along, requiring constant exponential growth to obfuscate the actual operating losses, and ends like every Ponzi scheme must;
                      Do you still want this to be taught (or thought, whatever that means) in ag schools?
                      As a bad example, or do you support this type of behaviour?
                      Hang on to your panties, I did post:

                      "Now this is a business model for whatever reasons should be thought in Ag. Schools"


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