|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 360-852-2154.
|
Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
|
|
|
For Home Sellers:
Why Sellers Choose The J Team - Why home sellers in Vancouver, Camas and Battle Ground choose The J Team. Free Presentation - Free in-home listings presentation on marketing your Vancouver, Camas and Battle Ground, in Clark County Washington property. Property Valuation - How much is your Vancouver, Camas and Battle Ground home worth? What Did That Home Sell For? - What did that Vancouver, Camas and Battle Ground, Washington property or other real estate sell for? FSBO - Selling your Vancouver, Camas and Battle Ground real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Vancouver, Camas and Battle Ground Homes, For Home Buyers, For Home Sellers, Vancouver, Camas and Battle Ground Information, Real Estate Resources, and About The J Team.
Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Owner Financing
If you are selling a house in which you have a lot of equity, and you don't need that equity to buy a new home, an owner-financing agreement may benefit you and your buyers.
Seller financing arrangements usually involve the buyers securing the largest portion of their purchase money from a mortgage company and getting a smaller second loan from the sellers. For example, they may finance 75% from a lender, put in 15% from savings, and ask the sellers to finance the remaining amount. The terms and interest rates on seller carry-backs are negotiated on a case-by-case basis.
Sellers may be able to negotiate a note that provides a better return on their money than 1-to-5 year CD's or treasury notes. They should ensure that the note protects them to the fullest. Use common sense when considering such a loan, and verify the buyers' income, credit history, and job stability before making your final decision.
|
 |
| Q |
What was the greatest land grant ever given to an English subject?
|
| A |
William Penn arrived in October, 1682, to take over his enormous grant that later became Pennsylvania and Delaware.
|
 See More Real Estate Trivia > |
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
