What is the name of your state? NY
I have a farm and farm business. I am wanting to sell both the property and the farm business. Is there any reason that I should not sell the business for more and the property for less, equaling my asking price for both?
We are asking $550,000. I was willing to sell the business for $25,000. That is what the actual equipment is worth.
I had some one want to pay $350,000 for the property and $200,000 for the business. His reason is it will be easier for his business to get a business loans than he get a mortgage for the higher amount.
Is there any reason i should be concerned?
I have a farm and farm business. I am wanting to sell both the property and the farm business. Is there any reason that I should not sell the business for more and the property for less, equaling my asking price for both?
We are asking $550,000. I was willing to sell the business for $25,000. That is what the actual equipment is worth.
I had some one want to pay $350,000 for the property and $200,000 for the business. His reason is it will be easier for his business to get a business loans than he get a mortgage for the higher amount.
Is there any reason i should be concerned?