Rural Property Web Sites Link Buyers and Sellers
AUSTIN, Texas (PRWEB) July 5, 2006 -- Farm Credit financing institutions in Alabama, Louisiana, Mississippi, New Mexico and Texas have formed a strategic alliance with LandsofAmerica.com to provide an online resource for buyers and sellers of rural land. The result is a network of Web sites offering more than 9,500 rural and waterfront property listings, as well as rural financing information.
The alliance combines the resources of the largest rural lender and the largest online rural property listing service in the five-state region.
"Because Farm Credit makes loans for all types of rural properties, we recognized the need for an online source for locating, listing and financing rural land," said Stan Ray, vice president of marketing and corporate relations, Farm Credit Bank of Texas. "We welcome the opportunity to work with LandsofAmerica.com to provide this valuable service."
Visitors to the LandsofAmerica.com network of Web sites can learn about financing options and search properties for sale by region, county and type of land, such as ranches or waterfront properties. Listings are provided by real estate brokers and are updated daily.
The five state-specific Web sites are:
Rural properties for sale in all five states also can be searched by going to www.FarmCreditBank.com and clicking on Real Estate Marketplace.
"LandsofAmerica.com has been bringing farm and ranch listings into the homes and offices of agricultural, investment and recreational real estate buyers for years. To have Farm Credit's financing expertise available to our Web site visitors really enriches the experience," said Allen Shannon, founder of LandsofAmerica.com.
Together, the 90-year-old Farm Credit Bank of Texas and 21 affiliated Farm Credit financing cooperatives in Alabama, Louisiana, Mississippi, New Mexico and Texas have $10.4 billion in loans outstanding.
LandsofAmerica.com is an online real estate marketing service for brokers specializing in rural land. The company was formed in 2002 and is headquartered in Austin, Texas.
Source: prweb.com (2006-07-05)