Do you know the benefits of an owner-financed land purchase?

Check out the UVM Extension New Farmer Project’s latest blog post.

The post is on the in’s and out’s of Owner-Financed land sales.  This type of real-estate transaction can benefit new farmers in multiple ways, including allowing for ownership of property (even if you aren’t eligible for a mortgage through traditional lending institutions) and potentially lower interest rates.  These transactions can often work in favor of the original land owners too – spreading out the income made from the sale of the property over a longer period of time can lessen the tax implications of the sale.  Read the post here to learn more about owner-financed purchases.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s