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shameless dude 
Orange Level
Joined: 10 Apr 2017
Location: east NE
Points: 13611
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 Topic: farm for sale
Posted: 24 Feb 2021 at 9:58pm |
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yep....ours! the stockholders decided they don't wanna mess with it anymore and wanna sell it. this has been tearing me up since i found out about it. i did tell them that we can't afford to have the big green farmers farm it. this years profits went to taxes, and paying them input costs. i didn't recieve 1 cent from it from last years crop! guess i gotta start liquidating my treasures.
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HD6GTOM
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Joined: 30 Nov 2009
Location: MADISON CO IA
Points: 6627
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Posted: 24 Feb 2021 at 10:31pm |
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Shameless, mom has 220 acres that isn't bad farm land. 20 acres of pasture. We had the choice to put it back into crp at 110.00 per acre for another 10 years down from 156.oo per acre or rent it for 3 years to a young guy for 150.00 per acre. She is 98 and doesn't want it sold as long as she is alive. I don't want to sell it, older sis doesn't want to sell. Don't know about younger brother or sister. Havn't spoke to them for years. Brother has Parkensons so bad he doesn't know where he is. We agonized for a year about this. Several guys wanted to rent it. We're gonna lime it and replace the crick crossing after Oct 1 this year. We took soil samples in a grid pattern so the renter knew what he was looking at. Its amazing with the computers in the spreader trucks just how they can vary the fertilizer rate on the go. Lawyer will draw up the 3 year contract. Taxes are 4000.00 per year on it. It isn't gonna be all fun and games but we are lucky enough to keep it in the family for a few more years. Got a 45 x 35 open front shed on it no other buildings. The 2 miles of Road fence was put in in 1961. Its shot. The rest is decent. 1 crick gap to maintain. I didn't get to finish last night, had to chase a darn cat. Mom sold the north 320 acres 10 years ago. Even though never liked that farm, I wish she had not sold it. She does too now.
Edited by HD6GTOM - 25 Feb 2021 at 10:16pm
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omahagreg
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Joined: 11 Sep 2009
Location: Omaha, Nebraska
Points: 2799
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Posted: 25 Feb 2021 at 6:23am |
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I’m saddened to hear this!
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Greg Kroeker
1950 WD with wide front and Freeman trip loader
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Thad in AR.
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Joined: 12 Sep 2009
Location: Arkansas
Points: 9285
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Posted: 25 Feb 2021 at 6:29am |
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Dale, you and your loving wife will be in my thoughts n prayers. I truly am sorry to hear this.
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DMiller
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Joined: 14 Sep 2009
Location: Hermann, Mo
Points: 29663
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Posted: 25 Feb 2021 at 7:46am |
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That is so Sad Dale.
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bikley
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Joined: 12 Sep 2009
Location: Maryland
Points: 5403
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Posted: 25 Feb 2021 at 7:52am |
You should start a go fund me page to buy the others out
I would donate
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ac hunter
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Joined: 05 Jan 2011
Location: OHIO
Points: 948
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Posted: 25 Feb 2021 at 8:14am |
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Sorry to hear about your farm. I assume it has been in your family for a long time? Difficult to think about parting with some of one's past. I think it becomes part of our personal culture. Brother and I have a farm that has been in the family for over 150 years and no children or grandchildren that are interested in preserving it; just the money I suppose. On the other hand we shouldn't get too attached to "stuff". Just appreciate the enjoyment we derive from it during our life. Hope for the best in your situation.
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desertjoe
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Joined: 23 Sep 2013
Location: New mexico
Points: 13361
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Posted: 25 Feb 2021 at 8:55am |
Oh My Gosh,,,!! I feel for you, Shameless,,,I know how very much you cared for that land that came from your father,,, It's almost a slap in the face to say,,"It's the sign of the times". Hopefully,,YOUR attorney will represent YOUR interests before the stockholder's.
I will "always" remember a commercial many, many years ago when we still lived on the farm,,,," There will always be more people,,but there will never be more land" Just look at it this way,,,now, you can come visit a spell,,,,, 
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steve(ill)
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Joined: 11 Sep 2009
Location: illinois
Points: 78030
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Posted: 25 Feb 2021 at 9:06am |
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Sorry to hear that Dale.......... all you can do is try to look at the positive side.. time to down size and move ahead... ought to be a big burden lifted from you going forward.... you dont need the stress.
Edited by steve(ill) - 25 Feb 2021 at 9:06am
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Like them all, but love the "B"s.
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Ray54
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Joined: 22 Nov 2009
Location: Paso Robles, Ca
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Posted: 25 Feb 2021 at 11:24am |
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No words to add, but praying for you. I kind of know the waiting to see how things go, and hoping and praying to stay where I am. Because even though I don't have stockholders to answer to, I can only hold on because of a property tax reduction program. If the greedy politicians take it away, no way to pay taxes on the inflated billionaires playground land valves.
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tadams(OH)
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Joined: 17 Sep 2009
Location: Jeromesville, O
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Posted: 25 Feb 2021 at 12:20pm |
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Best wish for you and your wife, we was luck that all but one agreed on in laws farm and see wanted us to give it to her
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JohnColo
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Joined: 03 Apr 2020
Location: Niwot, CO
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Posted: 25 Feb 2021 at 5:05pm |
Aren't you a stockholder too? If so, why not split a few acres off the place where the house and buildings are as part of your share of the place. Then again, if you have to move into town, the pretty machine might get cut up for scrap..... I hope it does work out for you ole friend.
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Michael V (NM)
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Joined: 12 Sep 2009
Location: NM
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Posted: 25 Feb 2021 at 8:30pm |
yea,,, I think John has a good idea...
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Stan IL&TN
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Joined: 13 Sep 2009
Location: Elvis Land
Points: 6730
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Posted: 25 Feb 2021 at 8:55pm |
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I'm so sorry Dale. I'll be praying for a good outcome.
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1957 WD45 dad's first AC
1968 one-seventy
1956 F40 Ferguson
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Hubert (Ga)engine7
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Posted: 25 Feb 2021 at 9:08pm |
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Dang it, Dale. I hate it for you and will be praying for you and your loving wife. But I do think John has a good idea: split off your share from the rest of the farm and let them sell the rest. A positive point is that once it is over and done with you won't have to deal with the stockholders anymore. It is sad to see family land sold like that, the land is part of our heritage not just a piece of ground. I am at least the fourth generation to own my little spot of God's green earth, maybe more than that, and I hope my granddaughter will want to keep it in the family. This land and surrounding acreage has been in the family for well over 100 years. I really should do a deed search and see how far back it goes.
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Just an old country boy saved by the grace of God.
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Kansas99
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Joined: 26 Feb 2015
Location: W Kansas
Points: 4810
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Posted: 25 Feb 2021 at 9:55pm |
Boy, that's too bad, especially in situations of more then one, if one wants to go it puts all the rest in the same boat. I don't understand your lands situation but if it's not making enough to pay taxes and inputs with some left over I could see people wanting to sell. I farm ground on shares and the land owner always makes more per acre than I do, with no work involved, even in a drought, hail, wind, flood event, they still are ahead of me and that's not counting my fixed expenses just the variables on my end and everything on theirs. It's probably too late but if only you could find a tenant that treated you like they needed your ground to survive the situation could be much better, but then again eastern NE is probably much different than w ks. Trying to hang on to farms with people that aren't attached is a problem, they look at how much it's worth in their pocket today and not that once it's sold it's gone usually for at least a generation or two. Sad situation indeed! Hopefully something good will work out of it for you.
I know none of this helps the situation your in but one thing I've learned in life is that everything happens for a reason and no matter how bad the situation is or was someday down the road you can look back on what happened and realize it gave birth to something else that made or makes you happy. It might not be tomorrow or a month from now but down the road at some point, no matter how bad or how bad it makes you feel today, there will be good come from it. Just stay positive, everything happens for a reason.
Hoping everything works out for you and your wife.
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"LET"S GO BRANDON!!"
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shameless dude
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Joined: 10 Apr 2017
Location: east NE
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Posted: 25 Feb 2021 at 9:57pm |
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thanks everyone...i was the 3rd generation farmer on this property, it was my Grandpa's farm, then my Dads farm, then my (our) farm. John...i am a family member, the others want to be listed as a stockholder. it's a bigger name that way. the one stockholder appointed himself as manager and had all legal and other farm directed stuff directed to him for review before we could see/hear about anything. plus he held the checkbook for the farm. we all had to almost threaten him with bodily harm for him to put all of our names on the bank account! i farmed this farm for 36 years, before retiring...(forced by stockholders). the self appointed manager wanted the big green farmer up the road to farm it, said their equipment looked nicer than mine. it was shiney and newer. i told him new doesn't mean best or better. he doesn't believe that. now...just the other day he comes out and says the big green farmers want to buy our land because it's close to them. i told him that i wasn't gonna give them a discount if they do want it! he told me they know how to farm the farm and it fits their equipment. sounds like he's been talking to them alot already! they've farmed it for 5 years and they know more than me about the farm? they don't farm on the contour, they ripped out two small dams i had put in to help control run off, they pushed out the terraces, and tore out all the grassed waterways i had, and they don't farm corners. yep they know all about farming! oh...shucks...sorry on this long post...guess i'm just so upset...i could spit!
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soggybottomboy
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Joined: 20 Feb 2018
Location: Iowa
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Posted: 25 Feb 2021 at 10:00pm |
Buy the whole thing. You already own a portion of it, so you could buy the others out for less than full purchase price. Interest is cheap. Then cash rent it to the big green for the going rate, which is going to be pretty high with prices where they are. With a little inflation in the years ahead it just might work. I do not know if you have children, but if you pass on from this life and the farm isn't paid for, they can take over the payments, or sell it and likely come out ahead. I know, it's easy to give advice,and maybe my plan might not make sense to you,but i would be exploring my options.
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DMiller
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Posted: 26 Feb 2021 at 3:21am |
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Land and homes prices are currently nuts high
Might be a good time to settle back and sell off
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Thad in AR.
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Location: Arkansas
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Posted: 26 Feb 2021 at 4:48am |
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Just come buy a lake home down here on Beaver lake. We can have coffee together and I think you’ll be close enough to give Hubert, Joe and Tyler a nice blanket of purdy.
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jaybmiller
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Posted: 26 Feb 2021 at 5:44am |
re: Buy the whole thing. You already own a portion of it, so you could buy the others out for less than full purchase price....
At the very,very least buy the house,buildings and say 5 acres around them !!! Since you do own part of it, the 'big sale' can't go through wiithout your signature. If that's true (lawyer will KNOW) , then make it a 'condition of sale'....otherwise ,well...keep chanting 'I ain't signing' and them board meetings.....
I KNOW, first hand, that 'forced downsizing' ain't fun.... I figure I got a month as 'contractor' been told his house dig begins end of March, so then I'll HAVE to move 1/2 ac of 'stuff' into an already full dbl car garage..... pretty sure you got a few more things than me !!! Hmm. maybe have an auction. That dang 'machine' of your will fetch a GREAT price !
Jay
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3 D-14s,A-C forklift, B-112
Kubota BX23S lil' TOOT( The Other Orange Tractor)
Never burn your bridges, unless you can walk on water
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Coke-in-MN
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Posted: 26 Feb 2021 at 6:04am |
200 acres just down the road sold last fall - out of family that owned it . 4 brothers and one sister owned it since mother passes at 100 - Has been a family fight for so long since dad died years before = was rented many years . one brother was in real estate and owned a plumbing shop he took over from dad - then took control of property , sister and her husband got a 140 acre farm across the border when dad died . 2 younger boys got 3 acres off the 200 to build houses on . Well after family wars and death of one brother land was in a green acres tax plan - in for a time period so it could not be sold unless back taxes paid for non farm . One brother has it set into trust - with a bank as executor - he died and bank put land up for sale - but found a old farm dump on one corner - hired a company to clean it up . $180,000 bill to load and haul out - now another son just died so unsure how this full deal will come out but expect soon they will be growing houses on it - only thing is they need to put roads in and the other thing is zoning here says 5 acre minimum and 300 ft frontage needed onto road . Another 60 acre piece up for sale also little ways on other side of me $700,000 asking price on that piece and its almost land locked behind home place and another 20 acres for original farmstead .
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Faith isn't a jump in the dark. It is a walk in the light. Faith is not guessing; it is knowing something.
"Challenges are what make life interesting; overcoming them is what makes life meaningful."
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Lars(wi)
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Posted: 26 Feb 2021 at 5:26pm |
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Dale, did you ever receive a copy of your father’s will?
There may be ‘covenants’ in there concerning selling of the farm.
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I tried to follow the science, but it was not there. I then followed the money, and that’s where I found the science.
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FREEDGUY
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Posted: 26 Feb 2021 at 5:58pm |
Sorry Shameless, I can only sympathize with your predicament as our farming equipment will soon be on the market as dad rented out his ground to a local BTO that only runs Green. Other than our JD 7000 consertill, I never DREAMED to see a 4x4 JD tractor,S670 combine on sacred ground  . Not sure what to think when the entire parcel goes up for sale  .
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shameless dude
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Posted: 26 Feb 2021 at 9:46pm |
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Lars...no i never was able to see Dads will, the stockholders claim they have lost it now, and won't tell what attorney wrote the will. have tried thru the years to get them to show it to me, all i got were excuses. i will prolly with hold the house we are living in along with 5-10 acres. i won't let the present green farmers farm it just for spite! i'll ask another neighbor if he wants to...he runs AC/agco and Gleaners. if i feel good nuff, i still have most of my equipment....
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DanWi
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Posted: 26 Feb 2021 at 10:12pm |
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Make sure you let everyone know the land is for sale so them green guys aren't getting a deal and makes your cut a little more. Sorry you couldn't hold on to it and cut the stockholders out. It would be nice to come in with another offer and see how loyal the stockholders would be to their green friends, at least just to stir the pot a little.
Edited by DanWi - 26 Feb 2021 at 10:29pm
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JC-WI
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Posted: 26 Feb 2021 at 11:33pm |
Dale, me thinks you need to track down a shyster lawyer, the kind that doesn't take no for an answer and vicious enough to hunt down the answers to all questions... like investigating to find the attorney that drew up your fathers will, He should have a duplicate copy in his files somewhere. Or possibly filed at the courthouse...
and know how to impede said 'manager/s'.
I just hate to hear the stories of these 'family' affairs were the siblings can't get along for the good of each other, but are always looking out for their own greed. Lot of nice farms have gotten hatcheted for that very reason. One thing them 'stockholders are over looking, you can't eat money, but land you can always raise something off of to eat... for yourself and others.
Praying for a rightful outcome for you, my friend.
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He who says there is no evil has already deceived himself
The truth is the truth, sugar coated or not. Trawler II says, "Remember that."
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Ted J
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Posted: 26 Feb 2021 at 11:39pm |
I really feel for you Buddy. Something you've cared for and nurtured for these past years and now...... I can't believe that an attorney wouldn't take your case and go to the judge and insist that they produce the will. I know that that is the road I would venture down. You might find out that Dad left the whole thing to you. I don't know the laws there, but here in WI the will has to be probated and therefore become public. You must know a judge that you didn't pizz off in your years of service? Get him (or her) to agree to coffee and listen. It might be worth your while instead of listening to your siblings. GO for it big guy!! If nothing else, it'll make you feel bettter and it'll really pizz them off!!
Whatever happens, I wish you and Dee the best and happy years ahead. Do a little prayin, I will be helping in that department, to your Dad and have him help you out. It's always easy to ask Dad for something. God bless you buddy.
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"Allis-Express"
19?? WC / 1941 C / 1952 CA / 1956 WD45 / 1957 WD45 / 1958 D-17
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desertjoe
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Posted: 26 Feb 2021 at 11:49pm |
Hey Shameless,,,I believe ole JC and Ted got the right idea,,GER you a Lawyer FAST,,!! The stockholders HAVE to produce the will they are basing all their marbles on. And like Ted says it HAS to be probated for dispersal. We had an uncle that similar things were going on and the children were split and fighting like you wouldn't believe!! But after the Judge got thru talking,,,they all pretty much agreed and the one that was trying to put the chingas on the others was slapped BY The Probate Judge,,!! Don't hold off any longer else they might get your house too,,!!
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mdm1
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Posted: 27 Feb 2021 at 8:51am |
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Was the estate taken to probate? If it was probated go to the local probate court and ask for a copy of the will. I understand that after probate the will is public. Talk to an estate lawyer about how to proceed. I know moving all your stuff will be an enormous hassle but do you want to stay there and look out each day and see what has happened. If you do purchase the home and some acreage pay the going price so you won't have to feel indebted to the stockholders. Don't do something out of spite. I had a similar situation and just bought my own. First day looked out and said this is mine do what I want when I want. Big relief. Sorry about the length!
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Everything is impossible until someone does it! WD45-trip loader 1947 c w/woods belly mower, 1939 B, #3 sickle mower 1944 B, 2 1948 G's. Misc other equipment that my wife calls JUNK!
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