Financing
Aspects
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| FINANCING
In certain cases outside financing is available with a strong credit
background. You may find it easier to refinance your home or take out a home
equity loan. Often the seller of mountain property, in order to increase the
opportunities to expose the property to buyers, will extend financing for 75%
of the purchase price. Utilizing seller financing will inhibit your ability to
negotiate the price, however there are numerous advantages to pre-arranged
financing. |
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| Current Rates | Monthly Payment Calculations | ||
| Seller Financing | 9.5% for 10 years | Loan Amount | $30,000.00 |
| Outside Financing | 10.5% for 10 years | Interest Rate | 8.0% Annual Percentage Rate |
| Terms | 10 years | ||
| Payment | $364.00 | ||
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