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    Rental - HUGE Home! $1,550 
Front View

City/ST:   Kleinburg, ON   Zip Code:   L0G 1T0   Property Type:   Single Family Home  
New or Resale:   Resale    Bedrooms:   3   Bathrooms:   2  
MLS#   N1898078  

Huge home on Hwy 50 with lots of parking! 2 bdrms plus a den/office with 2 sep. entrances, large principle rooms, walk out to patio from Master Bedroom, all overlooking 50 Acres. Eat in kitchen, updated bath, huge front foyer. Close to the 427 and Airport, easy commute to the city. *Landlord to supply 2 appliances upon possession.



Last Updated: 8/11/2010 11:22:26 AM

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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 
What is currently the most sought-after amenity in the majority of upscale homes?

A 
Technology that "enables" a home with features such as structured integrated wiring and broadband Internet access is the current amenity of choice.
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The Stuart Sinclair Team, REALTOR®, real estate agent and broker for Bolton, Caledon and Brampton, Ontario home listings, property and land for sale - NUMBER1EXPERT

Stuart Sinclair, Sales Representative
RE/MAX West Realty Inc., Brokerage

1 Queensgate Blvd.
Bolton, Ontario L7E 2X7
Office: 905-857-7653
Toll Free: 866-219-7770
Fax: 905-857-7671
Email: ssinclair@trebnet.com

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