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These properties presented by Michele Safford of Coldwell Banker Weir Manuel Email: sold@michelesafford.comPhone: 248-675-1245 Click here to go to Michele's home page
Masterpiece in elegance! Inviting two story foyer with custom marble inlay with solid oak banister/stairs, formal living room with floor to ceiling windows, formal dining room with french doors, library, two story great room with fireplace, bridge, pillars, hardwood throughout first floor, chefs delight kitchen, eat-in nook, master suite with trey ceiling, finished lower level perfect for au pair/in-law suite, wet bar, exercise room, theatre room, cedar closet. Unmatchable quality!
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Northville Real Estate
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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Michele SaffordColdwell Banker Weir Manuel41860 Six Mile RdNorthville, MI 48168248-675-1245sold@michelesafford.comMichele is a licensed Realtor with seventeen years of experience in real estate. Her primary areas of expertise are working with sellers and buyers and both family and corporate relocation. She is familiar with Metro Detroit and the Southeastern Michigan counties of Wayne, Oakland, Livingston and Washtenaw. In addition to her real estate license, Michele received her Bachelors degree from Michigan State University and her Masters degree from Oakland University, both in the field of education. She has taught all areas of special education, mentally, emotionally and learning disabled children. She has worked as a Vocational School Presenter. She resides in Northville and has four grown children. For the last three years Michele Safford has remained the #1 Agent in the Coldwell Banker Schweitzer Northville office. She consistently stays on top of the market trends and has been working with a business coach for several years. With the constantly changing market sellers and buyers need to hire the best real estate expert in the industry. Call 248.675.1245 or email sold@michelesafford.com to meet all your real estate needs.
Michele SaffordColdwell Banker Weir Manuel41860 Six Mile RdNorthville, MI 48168248-675-1245sold@michelesafford.com
Michele is a licensed Realtor with seventeen years of experience in real estate. Her primary areas of expertise are working with sellers and buyers and both family and corporate relocation. She is familiar with Metro Detroit and the Southeastern Michigan counties of Wayne, Oakland, Livingston and Washtenaw. In addition to her real estate license, Michele received her Bachelors degree from Michigan State University and her Masters degree from Oakland University, both in the field of education. She has taught all areas of special education, mentally, emotionally and learning disabled children. She has worked as a Vocational School Presenter. She resides in Northville and has four grown children. For the last three years Michele Safford has remained the #1 Agent in the Coldwell Banker Schweitzer Northville office. She consistently stays on top of the market trends and has been working with a business coach for several years. With the constantly changing market sellers and buyers need to hire the best real estate expert in the industry. Call 248.675.1245 or email sold@michelesafford.com to meet all your real estate needs.
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