My first and only mortgage was in 1979. $14,000 foreclosed house. Bank required a $4000 cash down-payment. Gave me a $10,000 mortgage at 14.5% interest. I had a close friend at the time that had a VA mortgage at 12%. I remember being quite envious. I worked two real jobs plus repaired tractors at night. Also had four kids and no welfare or food stamps. Paid if off in 6 years and swore I'd never borrow money again. So far - I kept that promise to myself. I redid everything in the house myself and later sold it for $140K (25 years later).
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
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