Ramsey, Mahwah and Upper Saddle River, Bergen County real estate and homes for sale in New Jersey - The Adler Home Team, REALTORS® The Adler Home Team REALTORS(r) for Ramsey, Mahwah and Upper Saddle River, Bergen County, New Jersey real estate - NUMBER1EXPERTS™ The Adler Home Team NUMBER1EXPERTS(tm) for Ramsey, Mahwah and Upper Saddle River, Bergen County, New Jersey real estate
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The Adler Home Team, REALTOR®, real estate agents and broker for Ramsey, Mahwah and Upper Saddle River, Bergen County New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)
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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 
Where is the world's oldest pyramid?

A 
The oldest pyramid is the Third Pyramid of Mycerinus is at El Gizeh, Egypt; it has the largest single block weighing 320 tons.
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The Adler Home Team, REALTOR®, real estate agents and broker for Ramsey, Mahwah and Upper Saddle River, Bergen County New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

The Adler Home Team
Re/Max Legends

1009 MacArthur Blvd.
Mahwah, NJ 07430
Residence:: 201-825-1266
Office:: 201-327-7977 x241
Toll Free:: 800-607-8797
Fax:: 201-825-8089
Email:: jeff@jeffadler.com

Debby & Jeff are lifetime residents of Northern New Jersey. We are respected as community leaders and recognized for integrity and diligence. Success and a proven track record in Real Estate are demonstrated by our long list of very happy clients. As one of America's NUMBER1EXPERTS™ in the Ramsey, Mahwah, and Upper Saddle River areas, Jeff and Debby Adler are well equipped to serve all your real estate needs




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