My folks sold 3 farms on Contract for deed. 29% down was the norm, 30% or more down, the seller has to pay all capital gains the first year. Very common years ago. 29% down is incentive for the buyer to take care of the place and make the payments. Any improvements buyer makes to real estate belong to the seller if the buyer defaults. Buyer misses a payment, seller can foreclose in 30 days. If you write a 6% interest contract, where will you find a bank savings or CD that gives that return, plus you pay all the capital gains now, and have fewer dollars to invest.
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Today's Featured Article - Ford Part Number Trivia - by Forum Participants. "Replaced by" means the part was superseded. All of my part books date back to 1964 and New Holland have changed some part numbers. They usually put the old Ford part number on the package. I was suppressed when I looked up the part number of the auxiliary drive shaft because for some reason the part number went through a radical change and it lost its "Basic Part Number". Ford part numbers follow the following rules. Most part numbers are in three parts. The middle part is called the
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