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Young Farmer Dillema.... looking for advice?
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gmoney
Posted 9/23/2010 09:00 (#1370857 - in reply to #1370631)
Subject: RE: Young Farmer Dillema.... looking for advice?


SC Wisconsin
Always over-communicate with loan officers. They will appreciate the honesty and being kept informed of the current situation. That will usually help in any discussion. Also, walk in the door with a plan for next year that shows you can dig out of this hole. A big part of that may be appropriate insurance.

Unless you have equipment you can afford to get rid of, I'd pursue refinancing first. You don't make any money selling and re-buying (usually)...
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