Jake, come on out I
need to talk with you.
Yep, it's confession time again. You know that thing about doting "i"s and crossing "t"s, well today our lawyer found some problems with the title search for the farm loan. It seems the land we had surveyed is already pledged against a loan for my brother. This means we can't buy that land without paying off his mortgage, not gonna happen. There are two choices; buy another tract of land on the farm or just pay the existing loan payment each month. Neither choice is ideal.
After much discussion (Jake is still hiding) Bob and I decided to purchase the other acreage with the understanding we will access to all the farm and work together with my brother. This means the survey we have already paid for is no good. But, fingers crossed, we can still close on the land Thursday.
Details:
1) never assume anything
2) Jake is getting tired of our little talks
3) plan "B" isn't always bad (I hope)
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