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Finally Closing!!!

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  • Finally Closing!!!

    Looks like we're finally closing on our farm tomorrow at 4pm... and none too soon as I'm announcing at a horse trial next weekend (hubby is safety coordinator) and our renters move in the following weekend!! Better late than never although with the way this deal has had it's ups and downs, I'm quite certain that even though it all has turned out in the end... I never want to go through this again. Ugh!

    So as of tomorrow evening, I'll own a 1900 sq ft 1916 built 4 bed, 2 bath fully restored farmhouse with 2 detached buildings AND a huge 7,000 sq ft barn AND 3.788 acres AND an option through December 2011 to purchase an additional 43.7 acres for less than current market value. SQUEEE!!!
    "Of course it's hard. It's supposed to be hard. It's the Hard that makes it great."

    "Get up... Get out... Get Drunk. Repeat as needed." -- Spike

  • #2
    Zu Zu Bailey " IT'S A WONDERFUL LIFE ! "


    • #3
      Wow! Congrats! What area of Ohio?


      • Original Poster

        Originally posted by lalahartma1 View Post
        Wow! Congrats! What area of Ohio?

        just west of Dayton
        "Of course it's hard. It's supposed to be hard. It's the Hard that makes it great."

        "Get up... Get out... Get Drunk. Repeat as needed." -- Spike


        • #5
          Congrats on your purchase.



          • #6
            Sending good closing vibes

            You have had a long haul tle, I hope today is successful, and you love your new place

            I'm betting it won't be long till you are posting that you decided to buy the adjoining 43 acres
            Facta non verba


            • #7
              Click here before you buy.


              • #8


                • #9


                  • Original Poster

                    Originally posted by lawndart View Post
                    I'm betting it won't be long till you are posting that you decided to buy the adjoining 43 acres
                    Oh, the decision has already been made. It's the financing that we need time to get together. :-) We wouldn't have even looked at this place if the additional acreage hadn't been a possibility.
                    "Of course it's hard. It's supposed to be hard. It's the Hard that makes it great."

                    "Get up... Get out... Get Drunk. Repeat as needed." -- Spike


                    • #11
                      You call me as soon as you unpack that book and I'll be right over! I'd offer to come help paint but with 12 acres of my own, fence lines that need weed-wacked and pastures that always need mowed, along with this heat and uber piles of dirty blankets, my help will have to wait a few weeks.

                      Glad it all worked out and, most important, that you are happy.
                      "Concern for animals is a matter of taking the side of the weak against the strong, something the best people have always done." Harriet Beecher Stowe 1811-1896

                      Ponies are cool!


                      • #12
                        I think the starts align best in the summer.


                        • #13
                          Don't you just love it when a plan comes together

                          i can already tell you are a farmer at heart.

                          Originally posted by tle View Post
                          AND 3.788 acres
                          you are hanging onto every thousandth of an acre.

                          you go girl. enjoy!
                          * trying hard to be the person that my horses think i am


                          • #14
                            Horse Show Names Free name website with over 6200 names. Want to add? PM me!


                            • #15
                              Huge congrats tle!!!!!!!!
                              Bring a bottle of champagne to the closing!
                              You jump in the saddle,
                              Hold onto the bridle!
                              Jump in the line!


                              • #16
                                Congratulations from one Ohio gal to another (born in Cleveland!)!


                                • #17

                                  I have been watching your saga with great interest, as i am in the process of trying to buy a farm(ette) too.

                                  First place we made an offer on and got promptly outbid. Second place we had under contract and found some unacceptable stuff on the title and backed out. third place we absolutely love - 5 acres with a covered arena w/attached stalls, an additional 36x60 barn, a huge fancy run in shed, beautiful pastures (oh, right, and a house )..... in two tax parcels - and apparently banks really have a problem with this. No-one would touch it without a massive down payment. Then, thankfully, we got in touch with farm credit, and they will do it. Now it just has to appraise!!!

                                  I am sooo worried it wont, even though it is selling for under tax appraisal and for way less than it would cost to build the buildings...it is a smaller house, so on the comps it is gonna be high $ per sq. ft....

                                  I am very glad your place worked out for you - hopefully some of your luck will rub off. Appraisal is tomorrow. I'm going to be freaking out until we hear back.
                                  One of the lessons of history is that Nothing is often a good thing to do and always a clever thing to say.
                                  - Will Durant


                                  • Original Poster

                                    EL - I'll let you know asap when I unpack it! And I totally understand... looking forward to seeing you again though.

                                    WingedPanda... keep me posted. I'll keep my digits crossed. Farm Credit was amazing to work with -- up to the point they denied my loan because they "felt" I'd be too stretched (I was within their limits on paper so it was maddening). But I'd try them again in a heartbeat. Good luck!!
                                    "Of course it's hard. It's supposed to be hard. It's the Hard that makes it great."

                                    "Get up... Get out... Get Drunk. Repeat as needed." -- Spike


                                    • #19
                                      See!! Dreams really do come true!
                                      Stoneybrook Farm Afton TN


                                      • #20
                                        Pamela Ellis