Listing Details: Hattiesburg, Oak Grove, Sumrall and Petal, Mississippi Real Estate Listings & Homes For Sale Provided by Leland Lott

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Feature Property - 25 Willow Court

$15,900

Photo of 25 Willow Court, Sumrall, MS, 39482.

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Address:	25 Willow Court
City/ST:	Sumrall,MS
Zip Code:	39482
Location:	Sumrall, MS 39482
Property Type:	Single Family Home
New or Resale:	Resale
MLS#	89690
Property Tax:	53.00
Last Updated:	5/9/2013 4:30:36 PM
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Lot 6 - Pretty residential lot in Sumrall city limits - nice location on cul-de-sac in Willow Court Subdivision - close to walking track, neighborhood park, & schools - suitable use: single family – lot dimensions: 43.20 ft. x 49.59 ft. x 147.06 ft. x 63.36 ft. x 153.33 ft.. – access: city street, paved road – utilities: electricity, city water, public sewer – documents on file: survey/plat – flood zone: no - approximate annual property taxes: $53.00

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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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Q	What country of the world has the highest percentage of private housing?
A	Mongolia, where 100% of all properties are owner-occupied.
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Leland Lott, REALTOR�, real estate agent and broker for Hattiesburg, Oak Grove, Sumrall and Petal, Mississippi home listings, property and land for sale - NUMBER1EXPERT

Leland Lott
All Pro Realty. LLC
6668 Hwy 98 Suite H
Hattiesburg, MS 39402
601-270-7530
Fax: 601-450-4130
lelandlott@NUMBER1EXPERT.com

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