You are here:
Financing -- Loans/Expert Profile
Expertise
Questions regarding the financing or land values of farm, ranch, and recreational properties. Large working ranches to the small hunting property.
Experience in the area
Currently CEO of LandLoanSpecialists.com with 10 years of previous experience in the Farm Credit System as a VP of Credit. Experience as an appraiser of farm, ranch, and recreational properties.
Education/Credentials
Bachelors of Agricultural Economics from Oklahoma State University. Continuing education courses in ag finance and appraisals.
Awards and Honors
Top volume lender for the last 5 years in previous position.
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response T = Timeliness P = Politeness| User | Date | K | C | T | P | Comments |
|---|---|---|---|---|---|---|
| Betty | 10/26/09 | 10 | 10 | 10 | 10 | |
| hakan | 01/17/09 | 10 | 10 | 10 | 10 | great expert with good advice |
| hakan | 12/03/08 | 10 | 10 | 10 | 10 | thank you and thank you again. he ..... |
| NIKKI | 11/24/08 | 10 | 10 | 10 | 10 | Thanks JT for your prompt response and ..... |
| Joe | 11/04/08 | 10 | 10 | 10 | 10 |
Recent Answers from JT Holt
2009-10-29 loan & inteterest:
This would depend upon whether the borrower is making equal principal payments or whether it is a standard amortization. With equal principal payments you would divide the $1MM by 10 years to get the
2009-10-24 equity loan default:
Betty, My suggestion would be not just to quit paying or to walk away. I believe that is in your best interest to go in and talk to the lender and speak to them about what your options are, what you are
2009-07-18 Contract for Deed Recording:
If you have an original signed and notarized agreement you can file this with the county if you prefer to do so. In your position (Grantee) I would recommend you file it. If I were in her position (Grantor)
2009-07-07 grants:
The answer to this question depends a lot on the type of business and what type of community you are looking to start your business in. In rural areas, which I believe is communities less than 25,000
2009-05-31 lake property:
Jennifer, Most construction loans are set up on some type of variable or adjustable rate with a short term to allow for the construction of the improvements. They establish based on your request a limit
Answers by Expert:
©2009 About.com, a part of The New York Times Company. All rights reserved.