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Land Contracts: Owner Financing With a Twist

By   /  September 11, 2017  /  Money Matters, Start Ups, Transferring the Farm  /  No Comments

In the spirit of examining ways to acquire land through seller-financing, it is time to take a look at land contracts.  The land contract is a variation of the owner-financed sale, with both mechanisms being a way for a farmer-buyer to come to terms with an owner-seller, independent of third-party bank financing or complementary to […]

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A Primer on the Owner-Financed Farm Sale

By   /  September 4, 2017  /  Money Matters  /  1 Comment

There are fewer farm acquisition arrangements more attractive for new farmers than the owner-financed sale.  It can be a win-win situation for both the farmer-buyer and owner-seller,  as long as both parties are well aware of the risks before entering into an agreement. In an owner-financed sale, title is passed to the farmer-buyer, and the […]

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How to Work Successfully With Non-Farming Landowners

By   /  August 7, 2017  /  Leasing Pasture, Money Matters  /  1 Comment

A successful, long-term farm tenure arrangement between farmer and non-farming landowner depends on good communication, and can help you decide whether or not you, as the leasee can realistically meet the non-farming landowner’s goals and expectations, and whether or not the land can realistically meet your goals and expectations. Good communication can also be used […]

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Lease Agreements You and the Landowner Can Relate To

By   /  August 7, 2017  /  The Classic by NatGLC  /  Comments Off on Lease Agreements You and the Landowner Can Relate To

Farm lease agreements can be complex legal documents, but they don’t have to be.  Behind every legal provision there is a meaning, a purpose and a potential benefit to both parties of having such language in the lease.  I sometimes work through lease agreements with farmers or landowners, and witness their eyes glazing over when […]

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Developing a Lease Agreement You Can Relate To

By   /  June 15, 2015  /  Leasing Pasture, Money Matters  /  Comments Off on Developing a Lease Agreement You Can Relate To

Farm lease agreements can be complex legal documents, but they don’t have to be.  Behind every legal provision there is a meaning, a purpose and a potential benefit to both parties of having such language in the lease.  I sometimes work through lease agreements with farmers or landowners, and witness their eyes glazing over when […]

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