Posted by Cochise on March 24, 2008 at 16:36:42:
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A tell in poker is a detectable change in a player's behavior or demeanor that gives clues to that player's assessment of his hand. A player gains an advantage if he observes and understands the meaning of another player's tell, particularly if the tell is unconscious and reliable. Sometimes a player may fake a tell, hoping to induce his opponents to make poor judgments in response to the false tell.
03-12-2008, 01:57 PM
Stephen J. Vertin, MAI
Join Date: Jan 2002
City: 203 North LaSalle Street, Suite 2100, Chicago, Illinois
Professional Status: Certified General Appraiser
State: Illinois
Posts: 1,580
Stephen J. Vertin, mai, ai, The Farmer and the Tell
Agricultural site appraisal
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Over the years I have done some agriculture appraisals (maybe 20 to 30). Some years more than others and some years not at all. It has been about three years since my last. However, I recently took in a considerably large agricultural site as part of an estate I am working on.
The USDA Web Soil Survey is amazing. It has improved dramatically since my last visit. Great data but I need some help with cost. Hoping someone with recent agriculture cost information can help. This 400 acre site was farmed until 1999-2000. Farmer got old, retired and passed in 2007. Land was ok farm land but areas were rocky and not well irrigated. Only about 300 acres would be usable. It would be on the lower end of average for the county (lower western Michigan).
The 8 to 9 years that passed, since the parcel was last productive, has not been long enough to grow any substantial foliage but there would be cost to bring back to farming condition. Any estimates of cost (general rule type stuff), I fully realize there are a lot of variables but this is nothing unusual, would be greatly appreciated. The land is relatively level with few trees and or streams or low lying areas. There are wood lands but I am not valuing the timber.
Usable farm land in the area is still increasing in value (about the only thing in Michigan that is) but unused land such as the subject has remained stagnant. If it is financially feasible, the highest and best use is cultivation. Need some cost to determine this.
Stephen J. Vertin, mai, ai, The Farmer and the Tell
http://appraisersforum.com/showthread.php?t=135620