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Land Trust Information
We are in danger of losing our farm to a foreclosure and so far all of our
efforts to
save it have proven fruitless. We have received small donations, however
we are
to the point of becoming very concerned about our future.
We have been approached by the Northern California Land Trust and they
have
offered to step in and purchase the farm and place it in their trust and
will lease it back to us for 49 years, however their resources are very
limited and so we would have to solicit the donations.
Is this a good choice for us in our situation? I hate to give up our
equity position since we are the ones having to raise the money! We cannot
offer anyone a tax
deduction without them though so it seems to be a "Catch 22" situation. We
really need some professional input if anyone out there has knowledge of
this.
Please forward this to Sanet if possible I no longer have their address
and help us
get the word out . We meet with the land trust Monday, so this is urgent.
Thank you for your help. .............Sharon