Posted by C-man on January 02, 2008 at 19:34:08 from (208.34.15.20):
There is a farm coming up for auction in my area(35,000+ acres). It is going to be split up into different tracts of MUCH smaller sizes. I call my banker about purchasing A very small portion of it. He tells me, "Yes,we can probably loan you the money, but your best bet would be to go through the FSA offices." Brother calls the FSA office, they tell him, "We don't do any loans until a purchase agreement has been signed." Brother asks, "Can we start the paperwork ahead of time?" He was told NO!! Brother asks, "So what happens if we get some of the land and the loan gets denied?" The gov't employee had no answer. Great program isn't it??
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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