Tag Archives: FSA

Official Closing Date

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At long last I have an Official Closing Date on my #foreverfarm! We have overcome every hurdle─Runamuk and I, and this property I’ve affectionately dubbed “the Hive House”─in order to come together to form this union between farmer and farm. There’s no going back now; it’s only a matter of time before I finally have a permanent location for my… Read more »

FSA Appraisal is Back With a Good Report!

william likes chickens

On Thursday the FSA’s appraisal of the Hive-House went to the FSA and on Friday I received news of the property’s good report. The appraisal is a critical step in the FSA’s loan process because they need to be able to validate the loan, as they are funded by tax-payer’s money─they can’t pay more for the property than what it’s… Read more »

Anxiety in the Home-Stretch

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I fully admit that I have been suffering an increasing level of anxiety and stress during this home-stretch of buying a farm. The USDA’s program for beginning farmers seeking to finance the purchase of a property for farming is a grueling process and since passing the 200th Day it’s become more difficult for me─largely because the delay is causing quite… Read more »

200 Days

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200 days

Today marks the 200th day since I first dropped off my application with the USDA’s Farm Service Agency back on September 28th. 200 days slogging my way through the red tape associated with the government-financing process in hopes of one day owning my own forever-farm. Everyone wants to know what’s going on─have we Closed yet? when do we move??? My… Read more »

FSA Loan Request Approved!

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Yesterday I received word from my FSA agent that my loan request has been approved. It shouldn’t have been in question, but until I had that Approval letter in my hand I just couldn’t breathe easy. I was approved the first time around─when I applied for financing to purchase the Swinging Bridge Farm; but what if I didn’t get it… Read more »

Under Contract AGAIN!

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hive house

The road to farm-ownership has been nothing short of a roller coaster ride, and it’s a huge relief to have a property under contract again. After letting go of the Swinging Bridge Farm, my realtor, Leah J. Watkins, and I toured the property at 344 School Street last Wednesday. I decided on the spot to make an offer for it,… Read more »

Letting go of SBF and Introducing “The Hive House”

I can no longer deny the fact that the Swinging Bridge Farm needs more work than I had initially realized. I paid to have a thorough Home Inspection performed, hoping to prove the appraisal wrong, but wound up further validating it instead. Had the sale gone through I would have used up all my chips just to secure purchase of… Read more »

Surprise Hurdle in FSA Loan Process

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surprise hurdle

When we left off, I’d been waiting for the appraisal to come back on the Swinging Bridge Farm before the FSA would proceed to the final stage of their loan process for Direct Farm Ownership. Everything hinged on that figure, so it was a fairly monumental milestone. I’d expected to hear from Nathan over at the FSA regarding the report,… Read more »

Chimney Inspection & Appraisal Done!

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moose sentry

The FSA hasn’t assigned a date for Closing on the sale of the Swinging Bridge Farm yet, but I can feel that day drawing closer. So far I’ve managed to overcome every hurdle, jump through every hoop set out for me. Last week I got the chimney inspection done, and just yesterday the property was assessed by the Appraisor─the final… Read more »

Now That We’re Buying a Farm: Looking Ahead to 2018

inspect your nucleus colonies

You may be wondering what’s next for Runamuk now that we’re buying a farm. When will we move? What are we going to do with the new property? Will we get goats and put up a high tunnel to start making cheese and growing high value tomato crops hydroponically? What’s the plan, Sam? Read on as we look ahead to… Read more »