Alee
True Blue Farmgirl
22941 Posts
Alee
Worland
Wy
USA
22941 Posts
Posted - Nov 29 2007 : 11:53:41 AM
The USDA has this great program called "Rural Development". Basically the USDA becomes the co-signer on your home/land/repairs loan (whichever you need). You don't have to farm on the land they help you buy, in fact you can only buy at most, 5 acres. There are some provisions such as income level and you have to apply through your local Rural development office.
But for all you farmgirls out there like me who are trying to find a way to buy your own land or home this is a great opportunity.
Also, South Dakota has a program that they will give you the land if you will move there and stay (or something like that). I read about it in the paper while in Sioux Falls or Rapid City or somewhere while in SD!! A lot of big names are moving back too.
I'm definitely going to read through this as soon as I have some time as well. There are all sorts of great resources out there; you just have to find them!
Alee
True Blue Farmgirl
22941 Posts
Alee
Worland
Wy
USA
22941 Posts
Posted - Dec 01 2007 : 4:43:47 PM
The Rural Development lady for this are told me there is a single mom with 4 kids who has a $150,000 house here in Moscow that is on the program. Because of her situation, she gets 99% of her loan subsidised!
Alee The amazing one handed typist! One hand for typing, one hand to hold Nora!
Not a Scam- No down payment needed
Posted - Nov 29 2007 : 11:53:41 AM
