SHARED APPRECIATION FARM MORTGAGES: CONSEQUENCES FOR BORROWERS AND LENDERS

David Lins and Clair Nixon

No 279334, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Shared appreciation mortgages can help borrowers overcome the initial cash flow problems associated with the purchase of land, while providing the lender with a hedge against inflation. Procedures for evaluating shared appreciation mortgages versus traditional mortgages and renegotiable rate mortgages are presented.

Keywords: Farm; Management (search for similar items in EconPapers)
Pages: 29
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279334

DOI: 10.22004/ag.econ.279334

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