Peoria, Dunlap and Germantown Hills real estate and homes for sale in Illinois - The Catton Group, REALTORS® The Catton Group REALTORS(r) for Peoria, Dunlap and Germantown Hills, Illinois real estate - NUMBER1EXPERTS™ The Catton Group NUMBER1EXPERTS(tm) for Peoria, Dunlap and Germantown Hills, Illinois real estate

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The Catton Group, REALTOR®, real estate agents and broker for Peoria, Dunlap and Germantown Hills Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)
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Resources: Peoria, Dunlap and Germantown Hills Illinois home buying, real estate listings, and homes for sale in Peoria County, IL
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Special Offers: Special offers for Peoria, Dunlap and Germantown Hills homeowners from The Catton Group, top Realtors
Affiliates: The Catton Group's real estate web site affiliates
MLS Market Snapshot: Get This Week's Local Market Conditions...
Compare Our Free Services: Compare the Free Services of The Catton Group
eNewsletter: The Catton Group's Peoria, Dunlap and Germantown Hills newsletter email will send you the latest real estate information
Today's Real Estate News: Daily real estate news for this neighborhood, Illinois, and United States
Market Conditions Report: Market conditions report for this area, Illinois, and United States
Monthly Payments & Schedule: Monthly loan payments java mortgage calculator
How Much Can You Afford?: Calculate how much home you can afford with this financial calculator
Determine Tax Savings: Calculate how much your monthly Peoria, Dunlap and Germantown Hills Illinois mortgage payments save you on your taxes because of loan interest
Should You Rent or Buy?: Is it better to rent a home in Illinois or buy your own Peoria, Dunlap and Germantown Hills house, ranch, luxury property, condominium, acreage, or other real estate?
Adjustable Rate Mortgages: Adjustable rate Peoria, Dunlap and Germantown Hills mortgages information and interest rate java calculator
What Is Your APR?: Determine the Annual Percentage Rate (APR) for your mortgage.
Fixed or Adjustable Rate Mortgage?: Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Are Balloon Mortgages For You?: Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
15 vs. 30 Yr Mortgages: With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
How Much Should Your Income Be?: What income is required to qualify for a mortgage? Use this calculator to find out.
What's Your Maximum Mortgage?:This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
Will Buying Points Save You Money?:This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
TripleCalc: FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other Illinois real estate
Top National Real Estate Web Sites: Real Estate Web Sites that include some unique sources of realty information, listings, and more
Ask Anything: Ask The Catton Group anything real estate
NUMBER1EXPERTS: List of all the NUMBER1EXPERT real estate agentss and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale
Real Estate Tips: The Catton Group's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers
Real Estate Trivia: The Catton Group's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more
Real Estate Dictionary: Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Peoria, Dunlap and Germantown Hills property in Illinois, including legal terms definitions, and more

 

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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 
Who is considered the world's most renowned living architect?

A 
I.M. Pei who retired in 1991; he earned this status after designing the glass pyramid entrance pavilion to the Louvre in Paris (1989).
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The Catton Group, REALTOR®, real estate agents and broker for Peoria, Dunlap and Germantown Hills Illinois home listings, property and land for sale - NUMBER1EXPERT(tm) The Catton Group
RE/MAX Home
2301 Court St
Pekin, IL 61554

309-696-0761



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