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Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
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Meet Debbie and Matt's Team Debbie and Matt's Team is led by Debbie McMillan and Matt Reffeitt. The team is made up of a Buyer Specialist, a Listing Care Manager, a Closing Coordinator, and a Marketing and Computer Technician. Debbie and Matt's Team have led Brownsburg and Hendricks County in closed sales for the last ten years. In 2003, the team closed as many sales in Brownsburg as the next four of their competitors combined. Tough negotiators, they regularly get more money for their clients than their competition. Call Debbie and Matt's Team today. 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.
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| Q |
What group of settlers introduced the log cabin to the New World?
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| A |
The Swedish settlers of Delaware brought their own timber for building log cabins, a style that originated in Finland. |
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