Dad taught me that a person should never get so attached to anything material that I couldn't part with it. That applied to our family farm just the same as anything else.
When splitting estate holdings, the longer you draw out the process, the more opportunities there'll be for problems. Take it from someone who's BTDT, sell outright. Find a buyer who'll handle their own financing. This is a tough time to be in the banking business.
There are ways to make selling on contract work, but there are far more ways to make it blow up in your face. Take the money and run. Wish we would have.
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Today's Featured Article - Gettin My Old Tractor Home - by Clayton Sweeney. My name is Clayton Sweeney. I am from Southern Maryland in a small town called Lothian. I am 20 and my father and I are the proud owner of a 1954 Allis Chalmers WD-45. When I was 18, I dated a girl in the next county over. Her family are tobacco farmers. It was a cold Thanksgiving evening, and we were going up to her Grandparents house. As we passed one of their barns, I noticed something orange in the corner of my eye in this old shed. It was pretty dark and I asked what it was
... [Read Article]
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1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
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