Sugar Land, Fort Bend and Richmond real estate and homes for sale in Texas - Glen Gill, REALTOR® Glen Gill REALTOR(r) for Sugar Land, Fort Bend and Richmond, Texas real estate - NUMBER1EXPERT™ Glen Gill NUMBER1EXPERT(tm) for Sugar Land, Fort Bend and Richmond, Texas real estate
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Real Estate Tips
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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Real Estate Trivia
Q 
What architectural detail made its way into the design of many suburban homes built in the 1950s, 60s and 70s?

A 
The picture window was a signature of the suburban American neighborhood.
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ABET Inspectons, Jim Mesina, Inspector Lic #0288
Jim Messina has over 28 years experience in inspecting homes in the Greater Houston & Sugar Land areas.
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Glen Gill, REALTOR®, real estate agent and broker for Sugar Land, Fort Bend and Richmond Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Glen Gill
Landmark Properties

4665 Sweetwater Blvd., Suite 105
Sugar Land, TX. 77479
Office: 281-265-5000
Cell: 281-630-2221
Fax: 281-265-0665
Email: glen@glengill.com

This year Glen Gill celebrates 28 years in real estate. As Broker/Owner of his very successful Landmark Properties, his experience shows a love for his profession. To Glen, service means focusing on the client. "There are many people involved in selling or buying a home, and a successful closing involves cooperation with the other parties, as well as skillfully negotiating every aspect of the business in my client's best interest." Glen takes pride in the fact that when the transaction is completed his clients are lifetime friends. Try Glen's superior brand of service and let him become “Your Realtor for Life !” http://www.4aHome.com

CRSeProEqual HousingGRIMLSREALTOR


Landmark Properties real estate and homes for sale in Sugar Land, Fort Bend and Richmond Texas

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