Select Your City

  • Alexandria
  • Arlington
  • Annandale
  • Burke
  • Centreville
  • Chantilly
  • Charlottesville
  • Chesapeake
  • Dale City
  • Danville
  • Fairfax
  • Falls Church
  • Hampton
  • Lynchburg
  • Newport News
  • Norfolk
  • Portsmouth
  • Reston
  • Richmond
  • Roanoke
  • Suffolk
  • Tuckahoe
  • Virginia Beach

    • Contact Information

    Dudley Chapman
    HRC Properties, LLC
    124-B1 E. Broad St.
    Falls Church, VA, 22046
    Office: 703 517 7422
    Email Us
    Visit Our Site
    how rates are set for seller financing PDF Print E-mail

    How are the rates set for seller financing?

    The interest rate on an owner-carried loan is negotiable. Ask your Alexandria agent to check with a lender or mortgage broker to determine the current rate on institutional first (or second) loans.
    Seller financing typically costs less than conventional financing because sellers don't charge loan fees (points). Interest rates on an owner-carried loan will also be influenced by current Treasury bill and certificate of deposit rates. Sellers usually aren't willing to carry a loan for a lower return than they would earn if their money was invested elsewhere.
    Questions about Alexandria Real Estate?

    Ask us below or Call us Now at 703 517-7422
    AddThis Social Bookmark Button
    *First Name
    *Last Name
    *Email
    Phone
    Question / Comments
    Enter the code:
     Reload image
         
    Last Updated ( Thursday, 04 September 2008 )
     
    < Prev   Next >

    Syndicate this Site

    Get the newest real estate Information from our site delivered right to your desktop!

    Just Listed RSS Feed

    See the newest properties as soon as we enter them in your favorite feed reader!

    Don't worry about missing the right one... we make it easy for you!
    RSS

    Payment Estimator

    Loan amount: $
    Down payment: $
    Annual interest rate: %
    Term of loan: years
    Total interest:
    $
    Monthly payment:
    $
    © 2010 Jay Rogers   Real Estate Websites - Free Real Estate Advice - Real Estate Marketing