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Why Sellers Choose Billy and Julie Kingery - Why home sellers in Rocky Mount, Boones Mill and Smith Mt. Lake choose Billy and Julie Kingery. Free Presentation - Free in-home listings presentation on marketing your Rocky Mount, Boones Mill and Smith Mt. Lake, in Franklin County Virginia property. Property Valuation - How much is your Rocky Mount, Boones Mill and Smith Mt. Lake home worth? What Did That Home Sell For? - What did that Rocky Mount, Boones Mill and Smith Mt. Lake, Virginia property or other real estate sell for? FSBO - Selling your Rocky Mount, Boones Mill and Smith Mt. Lake real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Rocky Mount, Boones Mill and Smith Mt. Lake Homes, For Home Buyers, For Home Sellers, Rocky Mount, Boones Mill and Smith Mt. Lake Information, Real Estate Resources, and About Billy and Julie Kingery.
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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 would you go to enjoy a soak in the world's largest bathtub?
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| A |
The Spa Resort Hawaiians in Fukushima, Japan, offers an outdoor soaking tub that occupies a total area of 10,760 square feet and can accommodate 1,500 persons at one time. |
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