Society & Culture
In today’s Farm Talk show, Paul discusses seller financing and tells us why it is doable. People ask Paul all the time about seller financing and more often than not, it’s not considered an option. Paul shares a great story with us about a current listing he has where farm financing is not an option due to the orchard being reliant to county water, which is very expensive. If the orchard didn’t exist, it would not be planted today. For this particular property, the water costs eat into any profits.
Paul explains the challenges for the different loans that are possibilities with this kind of property. In the case of this property, a next door neighbor has made an offer, but has requested some seller financing for 5 years, which Paul explains could benefit both the seller, and the buyer.
Tune in and learn what situations make seller financing desirable.
This is show is full of great information that is vital to know when purchasing, or selling, a ranch property. Don’t miss it!
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