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GREAT STARTER HOME

$89,900

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Address: 1254 PEACHTREE ROAD	City/ST: DAYTONA BEACH, FL	Zip Code: 32114
Location: Daytona Beach	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 1248	Bedrooms: 3	Bathrooms: 2
MLS# 494596

GREAT STARTER HOME. Easy to maintain, terrazzo floors. Florida Room has carpet. Nice corner lot with mature trees. Seller can close quickly on this sale. House is being sold as is but inspections are welcome.

Last Updated: 10/12/2009 3:02:23 PM

Listing Agent and Office: NANCY DURHAM, DAYTONA BEACH

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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	What is arguably the world's strangest (and most dysfunctional) kitchen?
A	In 1998 the Kemper Museum of Contemporary Art in Kansas City first displayed a kitchen made entirely of 40 million colored glass beads by artist Liza Lou of Topanga, California.
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David Bessette All Florida GMAC RE Team, REALTOR�, real estate agent and broker for Port St. Lucie, Vero Beach, Ocala and Palm Coast, Florida home listings, property and land for sale - NUMBER1EXPERT

David Bessette All Florida GMAC RE Team
All Florida GMAC Real Estate
1648 SE Port ST. Lucie BLvd.
Port St. Lucie, FL 34952
772-323-2010 Ext 219
Fax: 772-337-0734
davidbessette@NUMBER1EXPERT.com
The All Florida GMAC Real Estate Team has been providing "Premier Service" to their Florida real estate clients for over 35 years. Buyers, Sellers, Landlords and Tenants turn to us for "Service They Deserve, From People They Trust." Put our team to work meeting your Florida Real Estate Needs.

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