real estate auction: Transferring Farm Ownership - 09/07/08 04:46 PM
Time to Transfer: Now What?
Retirement. That can be a daunting word for many farmers. What can be even more daunting, however, is transferring the family farm upon retirement.
Farm transfer doesn't have to be a frustrating, scary, feud-filled process, however. Especially when you seek help from professionals. “Transferring the family farm is a detailed process and requires the help of professionals,” says Gary Hachfeld, University of Minnesota regional Extension educator.
“The laws are complex and they keep changing. There are lots of costly mistakes that can be alleviated by using a professional.
“Sure, you could go online and download forms, … (0 comments)

real estate auction: Estate Planning (Part 4 of 6) - 09/07/08 04:15 PM
Step 4. Choose Professional Advisors, a Guardian, and a Personal Representative You will need to choose several advisors. Some of the advisors will be professionals and some will be personal. Think of this step as developing a team of talented players who will help you find the way to reach your goals for your family's well-being. Your team could include: an attorney, a financial planner, a trustee, an executor or personal representative, a guardian, and others.
Professional advisors:
Attorney • Ask your friends, accountant, banker, and/or financial planner for suggestions. • After collecting at least three names, make an appointment with … (0 comments)

real estate auction: Estate Planning (6 of 6) - 09/07/08 03:58 PM
Estate Planning Part 6
 
Step 6 of 6 in a series I have prepared to consider when preparing an estate plan.  Every situation is different, a trusted attorney and/or financial advisor should be involved in any estate planning discussion you have with your family.  VersaLand Real Estate Auctioneers works with many estate attorneys to assist families in selling real estate assets.  This process is best done with prior estate planning.  Please read through this ENTIRE series, and bring the fine points to your attorneys attention.
Best Regards,
Grant Schultz
VersaLand Real Estate Auctioneers
 
Step 6. Review and Modify
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real estate auction: Why Real Estate Auctions Win - 08/11/08 12:14 PM
Real Estate Auctions
Why auction Real Estate?  Yes, some people still ask this question.  The answer is simple:
An Auction Sale is the most effective way of establishing the value of a property while simultaneously producing a ready, willing, and able buyer for it. 
A seller can quickly sell a property at 100% of its value, and a buyer can easily purchase a property for what they are willing to pay.  The Auction Method of Marketing is the fairest, most transparent, most efficient economical system in the world. 
Auctions.......bring Action!  All prospective buyers know that if they have an interest in … (0 comments)

 

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