First house fresh out of college in 1980 in SD, was able to assume a 7% VA loan on the house I bought. $400 a month mortgage, interest and taxes. That was a great rate at the time. 1987 bought a hobby farm with old farm house in MI at 11% interest and $1100 a month payment! Since then we have bought and sold numerous properties from 9 to 7% and lower payments. This last place I bought the land with funds from a home equity line of credit, paid that off in a year and then sold properties while I built this house with no note.....that is the best interest rate! Bad news is the taxes amount to close to $500 a month.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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