Can we move a magnolia tree that is about 12 feet tall?

It has been in the ground for about 10 years
Can we move a magnolia tree that is about 12 feet tall?
ok i have been in the nursery work for over 20 years in warren co. tennessee and do not do as the guy above me says cutting the roots then waiting to dig it will let in fungus a 10 year old tree you will have to have a machine to dig it dont try this yourself need to wait till fall and have a machine to do this for you they will also replant to trust me me and my husband have been digging trees a long time and if you try this you are taking a chance of killing it.
Reply:Yes you can. But I would wait until this fall to do it. What you need to due about the end of August is root prune the tree. that means taking a flat spade and going around the perimeter of the tree at the drip line of the branches cutting all the roots. Then in late September find the spot you would like to move it to. Then dig a hole about twice the the size of the root ball on the tree and as deep as the roots of the tree now. Dig out your tree and move into the new place. Fill the sides of the hole with mixture of peat moss and clean top soil. Go to your garden shop and pick up a bottle of vitamin B-12 this will help with transplant shock. Water the tree for a couple of days while the weather is still warm-and stake it out to prevent it from falling over. Keep it well watered into the winter, fertilize the tree in late December, early January and when the spring starts to come around keep on eye on it for water needs . Or you can call a tree moving company this fall to due all the work for you.