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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
<Back to Page			Property 74 of 149 Selections

47 Legacy Hills Dr

$69,900

Front View

Address: 47 Legacy Hills Dr	City/ST: Geismar, LA	Zip Code: 70734
Location: Geismar	Property Type: Land	New or Resale: New
Square Footage: 0	MLS# B0905387

Lot measures 81.2x89.39x61.88x150

Listing Agent and Office: Kim Sepulvado, 225-806-9728

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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 considered to be one of the soundest long-term investments?
A	Real estate has a long-term record of strong investment return and is a driving force of the national economy.
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Exit Realty Keystone, REALTOR�, real estate agent and broker for Baton Rouge, Prairieville/Gonzales and Denham Springs/Walker, Louisiana home listings, property and land for sale - NUMBER1EXPERT

Exit Realty Keystone
Exit Realty Keystone
5841 South Sherwood Forrest Blvd.
Baton Rouge, LA 70816
225-293-0001
Fax: 225-293-0002
sharlasossamon@NUMBER1EXPERT.com

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