Plano, Frisco, Prosper and Allen real estate and homes for sale in Texas - Jennifer Daniel Milligan, REALTORS® Jennifer Daniel Milligan REALTORS(r) for Plano, Frisco, Prosper and Allen, Texas real estate - NUMBER1EXPERTS™ Jennifer Daniel Milligan NUMBER1EXPERTS(tm) for Plano, Frisco, Prosper and Allen, Texas real estate
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Jennifer Daniel Milligan, REALTORŪ, real estate agent and broker for Plano, Frisco, Prosper and Allen Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
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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Real Estate Trivia
Q 
What is the world's most valuable piece of furniture?

A 
The 18th century Italian Badmiton Cabinet owned by the Duke of Beaufort sold in 1990 at Christie's, London for $15.1 million dollars.
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Jennifer Daniel Milligan, REALTORŪ, real estate agent and broker for Plano, Frisco, Prosper and Allen Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Jennifer Daniel Milligan
Keller Williams Realty Plano

3600 Preston Road #100
Plano, TX 75093
Main Office: 972-599-7000
Jennifer's Voice Mail: 972-380-3260
Diane's Voice Mail: 972-978-8990
Pam's Voice Mail: 972-407-4735
Fax : 972-599-7001
Jennifer Daniel Milligan: jennifer@jenniferdaniel.com
Diane Daniel: dianedaniel@verizon.net
Pam Reed: aeaereed@swbell.net
Sharon Swan: sharon@jenniferdaniel.com

Jennifer Daniel Milligan and "The Daniel Team" are a team of Realtors with over 38 years of combined real estate experience in Collin County Real Estate! Licensed since 1993, Jennifer thrives on helping her clients achieve their real estate goals and she works hard to provide them with every advantage through her professional experience and education. She has earned the coveted Certified Residential Specialist (CRS), Graduate, Realtor Institute (GRI), Accredited Staging Professional (ASP) and Accredited Buyer Representative (ABR) designations and is also a founding member of the Collin County Premier Realtor Network. A proud "Native Texan", Jennifer grew up in Plano, attended Plano schools K-12, graduated from SMU in Dallas and now makes her home in Plano with husband, Kelly Milligan, and their 7 year old daughter, Mary Kathleen, "Mary Kate" and new baby Virginia Maureen,"Ginger" (2 years old) . They share their home with 3 adopted animals: Walter (a lab/collie mix) and Danny the cat. Although "The Daniel Team" is consistently listed as a "D" Magazine BEST Realtor in Dallas, we feel that our clients' happy testimonials are the most important "award".

REALTOR MLS Equal Housing ABR CRS GRI


Keller Williams Realty Plano


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