Posted by Spook on October 01, 2015 at 17:00:18 from (104.63.94.65):
In Reply to: Buying a farm posted by Gleanerk2 on October 01, 2015 at 16:14:26:
Quoting Removed, click Modern View to see
I think you will see that with any non residential property. I bought a piece of commercial property a couple years ago, the only mortgages available were 30% down, 5 to 7 year balloon note, and 1 to 1.5% higher than residential mortgages. I ended up paying cash, so I avoided that trap.
As far as buying a farm, I haven't seen one sold here in many years. They usually get passed onto family.
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Today's Featured Article - Fasteners: The Nuts and Bolts of Nuts and Bolts - by Curtis Von Fange. The nuts and bolts of nuts and bolts is an interesting and essential piece of knowledge that applies to our older tractors. An improperly torqued capscrew on an engine head or a shear bolt that is too hard on the driving shaft of a bushog can create havoc and make an expensive and uncalled for repair. Let�s examine the purpose and design of these fasteners in order to ensure their proper use. Fasteners are probably one of the aspects of mechanics that is given the least amount of thought.
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