Enough to have felt chills when the vintage jag I had dreamed of driving since I was 10 (I would look so badass!) sat abandoned in the driveway of the farm on our first visit.
During the course of buying the farm an interesting question came up about “buying points”. This was our first mortgage so I was pretty curious about everything going on with the banks and inspectors and such. Our lender casually mentioned the option of buying points and then quickly dismissed it as something that no one ever does. In fact, she had only seen it done once. When she said that I got even more interested.
I know not all beginning (or existing) farmers will be able to buy land, but for those who do I thought this topic would be helpful. There's not much good info about the trade-offs between buying points and putting down a larger down payment online, so this is just my own analysis, I'm very welcome to other opinions.
Well, I guess it was a little more difficult than I expected. The guesses have been close, but we definitely haven't had three correct ones yet. So here's what we're doing:
1.) Extending the contest for another day or two
2.) I've uploaded a larger picture to our site, which you can find here: BIG Photo Hunt Photo
Submit your answers on the original post here
For everyone that already submitted, you still have hope! If we don't get enough right answers we'll throw all your names in a random generator and pick a couple lucky winners. Or you could pass the contest along to friends and split the spoils. Good luck!