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Buying A Farm: Planning Ahead for Farm Ownership

Event Details

Buying A Farm: Planning Ahead for Farm Ownership

Time: April 21, 2014 from 6pm to 7pm
Location: Guelph Chamber of Commerce
Street: 111 Farquhar Street, 2nd Floor
City/Town: Guelph, Ontario N1H 3N4
Website or Map: http://www.farmstart.ca/progr…
Phone: 519-836-7046 x 103
Event Type: farming, workshop
Organized By: Cherie Bauman
Latest Activity: Apr 21, 2014

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Event Description

Do you have the dream of buying a farm? If so, the earlier you begin to
research and plan for it, the better! How should you begin your
search? How do you find financing? How do you make an offer? These questions and lots more will be the focus of this workshop, geared
towards first time buyers.
Topics to be covered will include:

  • Setting priorities on what to look for in a farm, and where to look
  • Financing: the process of getting approved for a mortgage, the role of a mortgage broker and the difference between a residential and agricultural mortgage
  • The process of making an offer and learning the lingo (ex: signbacks, amendments, chattels)
  • Who you need on your team (ex: mortgage broker, real estate agent, lawyer, home inspector)

This workshop will help demystify the process of purchasing a farm, and help you decide if this is the right choice for you.

When: Saturday June 7, 1:00-5:oo pm
Instructor: Tarrah Young
Location: Guelph Chamber of Commerce,
Cost: $65 (+HST) per person or $110 (+HST) for two
Registration: click here to register

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