Posted by JD Seller on March 08, 2019 at 16:40:21 from (208.126.198.213):
There is a farm that lays between my farm and my middle son's farm. 150 years ago it was created from each of our farms as a wedding "gift" to a young couple. The farm is almost land locked in that the only access is down a grade "B" road. Meaning it is not maintained much. Snow not plowed and graded a few times each year. Gravel almost never. Basically a mud road. There is a set of buildings from the 1890s. The house does have electric but no inside water. Good well. The last fellow that lived there passed away 35 years ago. Current owner is his nephew. He has kept the roofs in good repair. So the buildings are structurally sound.
The farm has 240 acres. Only eighty is tillable. Another 60 is in grass hay. The balance is good pasture. The prior owners kept the pastured mowed and the bushes cut. There are a few good springs for water in the pastures. Imagine laying your hands flat with your fingers spread point at each other. Then draw a line across your knuckles. This is how this farm lays, the tillable ground meets up with open sections of my fields and my son's. Then the low ground between the tillable is hills with grass and a few trees. Ledge rock so those ridges can not be used for anything but pasture.
The current owner put the farm up for sale two years ago. Fishing for a "big" fish. LOL Crazy price. The lack of access just kills it. Right now there is a half mile of 6-10 foot snow drifts on the road and lane to the farm. So even the hunting fellows are not really interested.
About year ago I meet the nephew when coming out of the bank. We talked for a few minutes. He told me that he would consider an offer on the farm. I told him a number that was WAY below his current asking price. He was not mad but said he would have to think about it. We shook hands and left it at that.
Two weeks ago he called me and asked me how I wanted the abstract written up. What???????? I kind of stumbled a little bit until I remembered shooting him a price on the farm. I caught up and told him I wanted it split back like it was in 1871 when it was put together. With me owning the side toward my land and my son the rest. He asked if I would pay the cost for the additional lawyer work. Told him that would be fine. Nothing more was said. He called me back the next day saying that March 8th. worked for him to close it all.
I had to scramble around getting it all set up. My son about had a heart attack. LOL This is one reason we have been pushing the fats out the last few weeks.
Went to the lawyers office today. It took a total of fifteen minutes. The nephew never hardly talked. He thanked us for the purchase and shook our hands then left.
I never have had that kind of deal go so fast with so little back and forth. I bet that between the bank meeting and the lawyer office today, we did not talk more than 10 minutes. I was a classmate of the lawyer. He kind of laughed and said Ernie never talks too much. LOL LOL That is for sure.
So now have a spring and summer project list. Will take the fences out between the tillable land. Then build a line fence between my son and I. Will need some wider gates in the current fences. Will see if I want to combine hay/pasture ground to make larger fields. This farm has miles of internal fencing due to the tillable land and hay ground being in 18 different pieces. They average under 8 acres each.
Quite a different perspective on how to use the land than in the past. The largest piece of equipment this farm has ever seen was a JD 3020, three bottom plow, 10 foot wheel disk, two row planter and a 10 foot grain drill. They both used a Gleaner "E" combine with a ten foot header. A lot of the gates are just 12 foot ones.
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