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Re: Buying our first farm update.


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Posted by oldtanker on April 08, 2013 at 08:42:03 from (66.228.255.239):

In Reply to: Buying our first farm update. posted by JohnDeereJimOhio on April 08, 2013 at 05:25:08:

Don't know what to tell you. I'm hoping that it all works out for you but don't have a war fuzzy feeling about it. I've seen this happen way too often. Sounds to me like her dad thought he was going to get the place because of him being in charge. He isn't ready to sell before grand ma passes. Call the others and tell them that you have the money to buy and would like to keep it in the family. Friend on mine lost out on that kind of deal except hi grand ma would have just given him the farm. An aunt told him she had talked to the others who stood to inherit and he couldn't farm there. He never bothered to follow up. Couple of years ago his mom told how dissapointed his grand mother had been when he left the farm. He ask his mom well then why to you say you didn't want me farming it. That the aunt said they all agreed he should farm it. His mom said she never discussed it with the aunt and that he had been lied too. So now is the time to start burning up the phone lines.

Th wife's 6 cousins were the worst. The inherited 160 acres, most of it tillable. A couple wanted to keep it in the family and the rest wanted the money. Their dad offered to buy it for a little over market value. They refused. Then the "keepers" and the sellers got to fighting over it. Wifes uncle quit farming, sold out and moved into town. Both he and the aunt got new car/truck and went to work for the school. He as the bus coordinator/driver and her driving the special needs van. They are spending the kids inheritance. Meanwhile the kids wound up in court each with a lawyer. Judge ordered the 160 to be sold at market value and the money split. When it was all said and done and the lawyers paid each of the 6 got about 6K. This was about 15 years ago before land got so crazy.

Rick


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