LAND: By Any Means Necessary
Land access tools, strategies, and hacks for beginning farmers. Learn how the real estate side of farming works, and how to make the facts work in your favor. A talk by farmer, hacker, and real estate broker Grant Schultz
16. Easement Lease Term First Right of Refusal
Right Hand Rule
Access
Default
Township
Appurtenance Lien Title
Abstract Contract for Deed Commission
Section Quarter Section APR FHA FSA APY
Right-of-Way
Deed Restriction
Title Defect Life Estate
Tenants-in-Common
Thursday, February 27, 14
21. Farm: $400,000
Sales commission = 2.5-3.5%
$400,000 x 3% = $12,000
FSA down payment = 5%
$400,000 x 5% = $20,000
Your new down payment?
$8,000
How else?
Closing costs paid, sell off fixtures, sell timber, lease w/
option to purchase, contingencies, etc.
Thursday, February 27, 14
22. Easement Lease Term First Right of Refusal
Right Hand Rule
Access
Default
Township
Appurtenance Lien Title
Abstract Contract for Deed Commission
Section Quarter Section APR FHA FSA APY
Right-of-Way
Deed Restriction
Title Defect Life Estate
Tenants-in-Common
Thursday, February 27, 14