A New Mexico farmer who wants to put his family in a farm, even if it’s just a small one, has a new tool: a loan application.
It was an unexpected and very personal gift.
But the farmer, who goes by the stage name of “Buddy,” said he couldn’t have known it would bring so much joy.
The farm is located on a small stretch of highway just north of Albuquerque, and he was looking to purchase his first home.
Buddy said he wanted a small farm in rural Albuquerque, but couldn’t afford to go out to buy.
He said the cost was too high.
He also said the local land value was too low.
“I think about how much money I could make off of this property,” Buddy said.
“It was a big mistake.”
Buddy decided to get into farming and realized he wanted to get rid of the dirt.
He went to his local community bank and asked if he could borrow money from the bank to buy his first farm.
Buddys bank approved his application and the money was immediately put to good use.
The bank’s owner, Jimmie Davis, said the loan application was a wonderful experience for Buddy.
“We’re really glad he went ahead and applied,” Davis said.
Buds Bank, the regional bank Buddy is applying to, said in a statement the loan will help the family make a long-term investment in a family home and make a permanent home for the farmer.
The loan, which Buddy will use to buy a house, is set to pay off by 2019.BUDDY’S LOAN APPLICATIONBuddy has applied to Buds Bank for a loan to purchase a farm.
BUDDYS BANK says he will pay off the loan by 2019 and build his home with the funds.
“It was amazing,” Buddy told FOX News.
“This is the kind of thing that could have been avoided.”BUDDS BANK said in the statement the farm is owned by Buddy’s father, and Buddy’s family will be able to live on the land for the next 20 years.
Buds Bank said Buddy will pay back the loan over 20 years with a monthly payment of $5,000.BODY IN THE WATERMATERIALBuddy is using the money to build a house on the property he bought.
The home will be designed to be a single-family home and the buyer will pay for all the landscaping, including the backyard and patio.
The house is expected to cost around $40,000 and is being built in New Mexico.BUNDLES OF LOVEBuddy’s farm has grown from a small property to a multi-story house with a large patio and garden.
He is hoping to sell the farm and start his own business.
He says the farm will pay him $5 an acre to live and work there.
“This is what we all want,” Buddy wrote in an online fundraising appeal.
“We are not living in poverty.”BUNDY NEEDS A TREEBuddy wants to buy the land next door, but he has to get the land approved first.
He wants to pay for the trees and other materials needed to build the farm.
He is seeking $5 for each tree.BIDDERS BANK has already approved Buddy’s application.
He plans to pay back his loan in 30 days with a $5 payment.BAMN, THE HURRICANEThe weather has been very bad and snow is still falling.
The skies are clear but temperatures are still in the high 80s.BAD NEWSFOR GOOD BUDS BANKBuddy, a native of Virginia, has been living on the small rural property that he purchased for $2,000 in May.
Bethany Haughton said Buddy is very happy on the farm because it’s his home.
“When we first got here, I said to him, ‘Buddy,’ you’re going to have to find a job.
It’s going to take some time,'” Haughston said.
The family of three said Buddy has been spending a lot of time with his children, who are aged 3, 7 and 10.
“They’re learning how to cook, how to cut wood, what to do with it,” Haughson said.
“He’s a good kid and he’s learning how the land works,” she said.
Haughton added that Buddy is excited to go on his own, but is worried that he will lose his job.BETHANY AND KAREN’S BUDGETBuddy and Karen Haughtons say they’ve already spent $5 million to purchase the land and put it up for sale.
The couple bought the property in 2015 for $3,500.
The land is a few acres and they plan to build two or three homes on it.BETTER HOMES, BETTER HOUSESBuddy