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It was a real pleasure working with you...
I would also like to say that I really appreciate what a great job you and the team did in helping to sell this house. It was a real pleasure working with you and would definitely want to use your services again. "This Stinson's have more juice than Welch's" - Dennis Kammerer -- inspired by John Holder
John & Nancy Holder
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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 |
Where is the world's largest stained glass window?
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| A |
The American Airlines terminal at the Kennedy International Airport in New York City has a stained-glass window that is 300 feet long and 23 feet high. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
