Lee, who is from Heber Springs, Arkansas, first beat Logan Jackson on the 19th hole to move into the semifinals. Lee then didn't trail in his semifinal in topping Stu Grendahl, 4 and 3. Lee had birdies on holes eight through 10 to distance himself from his opponent in his last match of the day.
'I honestly cannot believe I'm in the finals,' said Lee. 'But I believe if I continue to play the way I'm playing I have a good chance to win it. I know I'm going to have to play extremely well.'
Farlow topped Vinny Giles, the 1972 U.S. Amateur champion, 4 and 3 in the quarterfinals and then took out Frank Ford III, 2 and 1 to move into the 18-hole championship at Flint National Golf Club.
Farlow parred the second hole and stayed in front the rest of the way to the final.
'When I hit some of these shots out here today, I realized why I don't play for a living anymore,' said Farlow, a PGA Tour player in the mid 1970's.
Now he'll face another former PGA player, as Lee was on the Tour from 1976-80.
Grendahl beat Arthur Pierse, 4 and 3; and Ford upended Alistair Catto on the 19th hole in the other quarterfinals earlier Wednesday.