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Nancy Reardon

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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 860-836-7506.

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Buyers Want Your Home for as Little as Possible.
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School Reports in Granby, Simsbury and Suffield, Connecticut
"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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Connecticut Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
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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 is the most unusual maintenance project done once each year in the United States?

A 
The Niagara Falls is shut down for maintenance every year in the fall by diverting the flow of water for 24 hours using a massive series of pipes constructed in 1837.
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Nancy Reardon, REALTOR®, real estate agent and broker for Granby, Simsbury and Suffield Connecticut home listings, property and land for sale - NUMBER1EXPERT(tm)

Nancy Reardon
Prudential CT Realty

9R Hartford Avenue
Granby, CT 06035
Office: 860-836-7506
nancyreardon@NUMBER1EXPERT.com

You can depend on my knowledge & experience in selling real estate for 24 years! Whether buying or selling, I will guide you through the entire process from start to finish & beyond the closing! I have built my network base by creating a life long commitment to my clients. Begin today by making the right move, Call Nancy Reardon. #1 Realtor Prudential Granby Office! Top 1% of Realtors Nationwide and #1 Customer Service Provider in the State!


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