|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 434-977-8865.
|
Find Out About the Latest Homes for Sale First!
I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Find Out More >
View All Offers >
|
"We loved her performance and attention to detail"
"We selected Angie from other top producing agents because of her high integrity, energy, maturity, creativity and personality."
"Great attention to detail"
Read Quote >
View All Quotes >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
Angie Holly Decker is one of The
Top Selling Real Estate Experts™
Find Out More > |
|
|
 |
|
Coming Soon!
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 a sure way to accumulate wealth through the 1970s and early 1980s?
|
| A |
Many people made their fortunes in real estate during this period. |
 See More Real Estate Trivia > |
|
|
|
|
- NUMBER1EXPERT™ 
