Frequently Asked Questions
Can you tell me the value of my timber over the phone?
No. We cannot tell you what your timber is worth without actually looking at the property in person. All tracts of land are different. The value of your timber is related to the size, quality, type, and volume of timber you are selling.
How much does your company charge to evaluate my timberland?
Nothing, whatsoever. There is no charge to evaluate your timber and you are under no obligation to sell.
When do I get paid for my timber?
It depends. A) If the timber is traded on a lump sum basis (meaning a certain price is negotiated for the timber rights), we will pay you once the timber contract has been signed and notarized. B) If the timber is bought on a per load basis, we will pay you each week or at the end of the harvest operation. Each load is accounted for with ticket copies and a weekly stumpage settlement is given. Our Foresters will explain which option is best for your property.
What are Best Management Practices (BMP’s)?
Best Management Practices are timber harvesting standards that are set forth by both the Virginia Forestry Department and the North Carolina Forest Service. The primary goal of each is to deal with soil erosion and water quality. It is the responsibility of TIMBCO, LLC and its logging contractors to maintain these BMP’s throughout the harvesting of the property.
Who is responsible for marking property lines?
TIMBCO, LLC is responsible for identifying and marking all property lines pertaining to the harvesting operations.
What is my liability concerning the logging of my property?
TIMBCO, LLC. and its logging contractors carry General Liability insurance policies, which cover the landowner from any and all liability arising from the harvest operations. All logging contractors are also required to have Workers Compensation insurance that is enforced at all times.
How long after replanting the tract with pines before it can be harvested again?
With proper management, a pine plantation should be ready for a first thinning in 15-20 years and ready for another clear cut/replant in 30-35 years. This depends on location, soil type, and marketability.
Do you purchase land?
Yes, we do. Please fill out the “Contact Form” and we will gladly look at your property. If we aren’t interested in purchasing your land, we can get you in contact with someone who might be.
What is the typical length of a timber contract?
We prefer 24 month contracts, because they allow flexibility in scheduling harvests should adverse ground or market conditions arise. That being said, this is negotiable, particularly if special circumstances require a shorter contract term.