Posted 1/19/2025 12:53 (#11062763 - in reply to #11062732) Subject: RE: Land sale
Roseglen, North Dakota
After the setback
In the 80s lenders have sharpened their pencil.
Most will only give 55% of THEIR appraised value.
And they will do that ONLY if it cash flows.
It takes more than land values and collateral to get a loan.