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About Jay McHugh and Elias Papadopoulos - Information about Jay McHugh and Elias Papadopoulos of Boston, Brookline and Dedham, Massachusetts Testimonials - Read what Jay McHugh and Elias Papadopoulos' clients are saying about the real estate marketing and services provided. Quick Response Guarantee - A quick response to your email request for more Massachusetts home buying & property selling information is guaranteed by Jay McHugh and Elias Papadopoulos. Privacy Guarantee - This Boston, Brookline and Dedham real estate web site will respect your privacy, guaranteed by Jay McHugh and Elias Papadopoulos. No Obligation Guarantee - Jay McHugh and Elias Papadopoulos' real estate help by email is free & without obligation for Boston, Brookline and Dedham home owners in Massachusetts. For Real Estate Agents - Let Jay McHugh and Elias Papadopoulos help you with your professional real estate broker and agent needs in the Boston, Brookline and Dedham area. About NUMBER1EXPERTS™ - NUMBER1EXPERTS™ are top real estate professionals, find out more. Contact Information - How to contact Jay McHugh and Elias Papadopoulos. Go to Main Sitemap - Main sitemap sections include Find Boston, Brookline and Dedham Homes, For Home Buyers, For Home Sellers, Boston, Brookline and Dedham Information, Real Estate Resources, and About Jay McHugh and Elias Papadopoulos. 
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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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Where is the world's largest mud building?
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The Grand Mosque in west Africa measures 328 feet long and 131 feet wide, and has been carefully maintained for centuries by local craftsmen, especially during the rainy season. |
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Jay McHugh and Elias Papadopoulos
RE/MAX Unlimited
420 Harvard St.
Brookline, MA 02446
Phone: 617-566-0300
Fax: 617-566-4499
jaymchugh@NUMBER1EXPERT.com
Jay and Elias specialize in looking out for their clients and being successful regardless of current market trends. Their Re/Max office has grown to 21 agents in the last 3 years, providing complete and thorough services to the home buyer or seller. Jay and Elias excel in buying and selling in the competetive Brookline/Boston market.
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