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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Dennis Kusenberger, a proven Fredericksburg, Texas NUMBER1EXPERT™ Top Selling real estate agent.

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School Reports in Fredericksburg, Texas
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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 mysterious American island whose private owners are intent on preserving the ways of early island life?

A 
The Robinson Family, owners of Niihau, Hawaii, have done everything in their power to preserve traditional ways.
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Dennis Kusenberger, REALTOR®, real estate agent and broker for Fredericksburg Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Dennis Kusenberger
RE/MAX Town and Country

116 E. Austin
Fredericksburg, TX. 78624
Phone: 830-990-8708
877-996-0099
Fax: 830-990-8906
Mobile:: 830-456-6327
Email: dennis@kusey.com


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