My 1st home was on a farm that I bought in 1980. It was an SBA loan at 5% and a young farmer program. That didn't work out well and we sold it in 1984. In 1985 we rented a house and 10 acres with an option to buy. $100 of the rent went toward the down payment. In 1987 we purchased the place on an 8% owner financed note. In 1995 we wanted to remodel and so we paid off the guy we bought it from and got a equity loan for 5%. We paid that off in 2001.
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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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