Recent content by Kentucky Ed

  1. K

    Curious About Home Mortgages

    Gee Red. You are hard on the banker. As for the banker not being your friend, unless you have done something to cause that in most cases your banker is your best friend. Or maybe you have experience with the wrong kind of bank. After 35 years of lending on homes and TRACTORS, I think I"m...
  2. K

    What kind of tractor(s) do you have?

    1948 Farmall C 1955 MHF 35 1955 Farmall 100 1991 Zebra 2255 2005 NH 55TT
  3. K

    OT Any mortgage smarts people out there?

    James, many of your points are right on. You cannot use 401K, nor IRA accounts as collateral for a loan. If a lender is suggesting that, they are totally incompetent. Were such accounts pledged for collateral, the IRS considers them "cashed in" and the withdrawal penalty is immediately due. I...
  4. K

    OT Any mortgage smarts people out there?

    I don"t post often but read daily. This is something I may shed some light on. I have been a country banker for 34 years. Hundreds of my customers own their farm because I took a chance with them. First, don"t pay attention to advertisements for mortgage loans. They don"t want YOUR business...
  5. K

    OT-the 2008 Convention=this is a joke

    Please take this rubbish somewhere else. This is a clean spot we can all enjoy.
  6. K

    driving

    First drove 1951 8N Ford pulling a tobacco wagon. First owned 1957 Farmall 230 tobacco tractor. Now own 48 Farmall C, 55 TO35, 55 Farmall 100, 90 Zebra 2522, 06 NH 55TT. I don"t have a favorite. I still think I want to own a 2 cyl JD. We had a new 1010 JD and it was the worse piece of junk I...
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