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Sold - Home In Bridgewater

$615,500 SOLD!

Photo of 38 Linberger Dr., Bridgewater, NJ, 08807.

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Address: 38 Linberger Dr.	City/ST: Bridgewater, NJ	Zip Code: 08807
Location: Bridgewater	Property Type: Sold Properties	New or Resale: Resale
Bedrooms: 4	Bathrooms: 2	MLS# 2480381

Living on the Mountian, Colonial home has it all! Proud original owner in cul-de-sac. Offers 4 BR, 2.1 baths, gourmet kitchen with granite, new appliances. Full Basement.

Last Updated: 2/24/2009 10:12:01 AM

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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 is arguably the world's strangest (and most dysfunctional) kitchen?
A	In 1998 the Kemper Museum of Contemporary Art in Kansas City first displayed a kitchen made entirely of 40 million colored glass beads by artist Liza Lou of Topanga, California.
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The Jannone Team, REALTOR�, real estate agent and broker for Bridgewater, Hillsborough, Bedminster and Basking Ridge, New Jersey home listings, property and land for sale - NUMBER1EXPERT

The Jannone Team
Prudential New Jersey Properties
1996 Washington Valley Rd
Martinsville, NJ 08836
Office: 732-469-7470
Fax: 732-271-8940
brianjannone@NUMBER1EXPERT.com
Licensed since 1986, Brian Jannone is a successful Broker/Sales Associate with in depth experience in relocation, real estate sales, marketing, and client relations. In 1993, Brian started the "team" so he could better serve his clients. One of Prudential Real Estate Network�s annual top associates, Jannone has again received the Platinum Level membership in the NJAR Circle of Excellence. He is also a Prudential Chairman�s Circle member at the Platinum level, a recognition that only two percent of sales associates in Prudential�s international network achieves. Their exceptional service attitude has made them the number one team of their company.

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