Chapter 20 – buying and selling

The purchase of our new farm was arranged as a land contract, with a lawyer doing the paperwork instead of a realtor which turned out to be much cheaper. Since the couple owned the place outright, they agreed to finance us, instead of all of us having to wait for us to get a traditional mortgage through a bank. We gave them a down payment and set everything up legally, but this still required them to place an enormous amount of their trust in us for following through with monthly payments. As it turned out, our payment to them each … Continue reading Chapter 20 – buying and selling