
 Sue worked her magic in the worst market ever. "In this 2008 market she brought us 10 offers and a bidding war. WE COULDN’T BELIEVE IT!' Lourdes Blanco, South Orange & Short Hills NJ Read Quote > View All Quotes >
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 The Papermill
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2005 New Jersey School Report Card Professional Sports Teams Local Shopping & Dining If you didn’t find what you are looking for in the community websites, here are some more ideas:   Local Hotel Information For planning business or pleasure trips to the area, there are several hotels within a 10-mile radius of The Mall at Short Hills, many offering transportation to and from the shopping center. The Parrot Mill Inn 47 Main Street Chatham, NJ 07928 (973) 635-7722 Ramada Inn & Conference Center 130 Route 10 West East Hanover, NJ 07936 (973) 386-5622 Dolce Hamilton Park 175 Park Avenue Florham Park, NJ 07932 (973) 377-2424 Hotel Westminster 550 West Mount Pleasant Avenue Livingston, NJ 07039 (973) 533-0600 The Madison Hotel Convent Road & Route 124 Morristown, NJ 07960 (973) 285-1800 Summerfield Suites 194 Park Avenue Morristown, NJ 07960 (973) 971-0008 The Westin Morristown 2 Whippany Road Morristown, NJ 07960 (973) 539-7300 Sheraton Parsippany 199 Smith Road Parsippany, NJ 07054 (973) 515-2000 Hilton Short Hills 41 JFK Parkway Short Hills, NJ 07078 (973) 379-0100 The Grand Summit 570 Springfield Avenue Summit, NJ 07901 (908) 273-3000 The Wilshire Grand Hotel 350 Pleasant Valley Way West Orange, NJ 07052 (973) 731-7007 Hanover Marriott 1401 Route 10 East Whippany, NJ 07981 (973) 538-8811  |
Attention friends & neighbors… If we're missing a link that should be here, please let us know. Thanks! 
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 was a sure way to accumulate wealth through the 1970s and early 1980s?
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| A |
Many people made their fortunes in real estate during this period. |
See More Real Estate Trivia > |
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