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Uncle renting from Grandma for $70/acre
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Beef Cen IL
Posted 8/1/2006 00:15 (#31634 - in reply to #31619)
Subject: Re: Uncle renting from Grandma for $70/acre


Center of IL
More than likely Grandma knows what rents are and is giving your uncle a break. My grandfather sold my dad half his farm for about half what it was worth when my dad just wanted to buy 5 acres to build a house on. When he passed on the other kids found out and were upset but it really wasn't my dads doing. My dad had to pay 3 times what he gave for the other half(going price then). No one offered a refund when the land price collapsed a few years later. My old grandpa knew what he was doing and probably saved the farm. God bless him and God bless the Grandma in this case too.

Edited by Beef Cen IL 8/1/2006 00:20
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