
Farm Operating Loans Explained
Loans and lines of credit are two different financing options borrowers can leverage to help manage working capital while maintaining adequate cash on hand.
4 minute readPurchasing farmland requires careful examination of a property’s location, site history, land improvements and other important considerations. Before making an investment, do your research and fully evaluate the property to ensure it meets your needs.
The path to successful land ownership starts with identifying your short- and long-term goals for the property. Completing this step will help you determine the type of land you need and your land management options. Consider the following questions:
From property taxes to spatial and geographic data, there is a variety of information you can access through online land records. Below is a list of key resources and corresponding questions to guide you in your searches.
Local County Assessor’s Website:
Natural Resource District Website:
Google Earth Aerial Images:
Realtor & Auctioneer Websites:
Local experts know the market, comparable sales and history of area properties. The seller, realtor, auctioneer or attorney representing the property being sold should be able to provide you with additional details such as:
For cropland with irrigation:
For pasture:
For properties with outbuildings:
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Loans and lines of credit are two different financing options borrowers can leverage to help manage working capital while maintaining adequate cash on hand.
4 minute readJust as every property is different, so are the ways farmland can be effectively sold at auction. When landowners elect to sell their real estate, they must decide which auction methods will be used to conduct the sale.
3 minute readWhether you’re looking to purchase ag real estate at an auction online or in person, understanding the best practices for preparation, bidding, and closing on that land can make a huge difference in your success.
4 minute read