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When used in the context of residential real estate, it is also called "bond-for-title" or "owner financing." [ 1 ] Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate , until the loan is fully repaid.
The sale price is too high to obtain traditional financing. The parties want to close quickly and/or save on closing costs. The parties prefer more flexible terms than what traditional lenders offer.
A house for sale by its owner. For sale by owner (FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
On June 16, 1995, second generation owner and CEO Ellsworth Peterson, announced that the company was for sale. [5] On September 25, 1995, Larry Maples announced his intention to purchase and operate the company under the name Poseidon Shipbuilding LLC. [5] By November, however, Maple was reported unable to secure the necessary financing. [6]
Zero speed stabilizers, gym, elevator, swimming pool, movie theatre, tender garage, swimming platform, air conditioning, BBQ, beach club, jacuzzi, WiFi. On board are also different kind of water toys including a banana , a small sailboat and two WaveRunners .
In a series of videos, the man responsible for the deadly New Year’s attack in New Orleans discussed planning to kill his family and having dreams that helped inspire him to join ISIS, according ...
Americans are exhausted by political news. TV ratings and a ...
A cuddy is a small room or cupboard, particularly on a boat. [1] Sometimes a cuddy refers to a small but cosy hut. [2] The origin of the term is not clear. Cuddy was in use in colonial America as early as 1655. [3] The term may derive from the Dutch kajuit, meaning a small cabin, or from the French cahute, meaning a hut. [4]
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