Posted by jon f mn on September 11, 2018 at 13:06:41 from (174.219.131.59):
So now that the farm is in my name and there is little risk I think I can talk about this. First let me say tho, both deals were either good or great for me and I did very well with both, so this is not a major deal for me, just agrivating. There were a good many problems getting my house sold, most all related to the folks who sold it to me not doing what they should have. There were inspections that weren't done and legal stuff that wasn't done. Now I know 8ts buyer beware, and I didn't do that at purchase because they told me they do this a lot and have the people to do it, and rather than check on them I just trusted them. But when it came time to sell the issues came up. Not only was the stuff done wrong, in cases it wasn't done at all, but they also hadn't paid the bills to do the work on other deals so when we came to get the stuff we had extra trouble because the people wanted the money owed. Those not paying were not too poor to pay, they are rich and thought they could get by. Now when we started the process they knew they had to do it and did start, but then they found out about the great deal we got on the farm and knew we couldn't not sell and complete the deal or we would loose many times more, so they quit paying. Now all these expenses came up to a bit less than $10,000 and they are legally required to pay it, but if we sued them We lost the deal and that was worth more, so they knew they could out last me. I can go after them now, but I'm just glad it's over and I'm in great shape on the farm, so I'll likely let it go. So how do they sleep at night doing that? That money isn't lunch money to them, but means getting a loan to do the repairs on the house rather than having cash for me. I've had plenty of deals go south for what ever reason, but never just chose to not honor my commitments. I couldn't do that and sleep.
In the farm side I was very pleased with the seller as he made a deal and stuck to it, that is til after the closing. Lol. I have never met the man in person, only talked on the phone, so when the deal was done I thought I would call him and tell him thank you. After all the stuff with the other side I was just impressed that he honored his side without any issues. The deal we made was a cash deal with "everything as is". Since the place was below market value we both agreed I would take care of everything that he would ordinarily have to do, like sewer, cleaning up etc. But after I got done thanking him for honoring his side to the letter, the next words out of his mouth were "we filled the propane tank and its about full and we would like you to pay some for that". I was speechless for a bit. If I sell a tractor I might consider the value of the gas in the tank when the price is set, but once the deal is closed and the money paid, how can you ask extra for the gas in the tank? Anyway, after all the issues we had on the sale side and how good I felt about the buy side, I have to say that I was very disappointed in that request. As far as I'm concerned he sold his honor for a couple hundred bucks. Well, that's my rant for today.
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Today's Featured Article - Restoring a John Deere 2010 Diesel Tractor - by Jim Nielsen. Following seven years working in California's Silicon Valley, my wife, baby son and I moved back to Australia to retire. We bought a small 'farm' of about 50 acres near Bendigo, in the state of Victoria. I soon found that it would be very useful to have a tractor around the place for things such as grading our long drive and brush-hogging the fields. I was also embarking on planting 1000 eucalyptus trees, and hence I would need a ripper, small disk plow, sprayer etc. to get these things accompli
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