my worries,they come in and trash it up,strip it,whatever and walk away.I've heard horror stories of folks going into wooded land and logging it off,then simply leave you holding the bag. your 25% would be a much better deterant to this than 10% i would think.My own personal problem would be who would handle all the payments and things.Lawyer,cpa,sister or your self? if a lawyer or cpa youll be paying them right along,if your sister or yourself make sure you each know whats going on. as for myself ,family things like this often wind up with someone upset. in my opinion, if the person you intend to sell to can be relied apon to make payments to you,then he is certainly able to make them to a bank.My opinion of course,but i would personaly rather see it over and done with. The way i see it, im not a bank or loan company.if I were the sole owner,possibly i would take a chance, but with family involved ive seen it turn into things that causes hard feelings for a lifetime. I personaly know of one family who were quite close ,who no longer even talk simply because one guy sold land to a person his sister didnt care for for a lower price than she thought it was worth.Another family who wanted to keep part while the others sold.still another who leased the land out to a relative while one of the kids offered to lease it for more. again my opinion of course, but personaly i would rather have it done and settled..
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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