A: Also known as a purchase money mortgage or carry-back, it is when the seller agrees to “lend” money to the buyer to purchase and close on the seller’s home. Usually sellers do this when money is tight, interest rates are high or when a buyer has difficulty qualifying for a conventional loan or meeting… Read More
Real Estate Frequently Asked Questions
Moving? Here’s Your Checklist!
I like the tips in the article below but I might add that for a Seller, sorting and purging personal possessions is best done BEFORE you put your house on the market. As you try to put your home’s best foot forward it’s difficult to be tearing closets, attics and storage spaces apart. In addition,… Read More