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Buyers - Durham, NC "Team Jodi has the consummate professionals and they are very bright and knowledgeable about the local market." "Lisa C. and Judy B." Read Quote > View All Quotes >
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| | Entertainment, Theater and Literature | | | Museums | | | Travel and Tourisn Greater Raleigh Visitor's Bureau (919)834-5900 Discover Our Town - A Comprehensive Guide By City | | | Durham Convention and Visitor's Bureau (919)687-0288 Chapel Hill Visitor's Bureau (919)968-2060 | | | Religious Life There are over 60 religious denominations in the Triangle community. To find one of approximately 700 places of worship, it is best to consult the Yellow Pages. | | | Pet Regulations Raleigh and Cary Raleigh and Cary require all domestic pets to wear city and rabies tags by four months old. Tags are at the city collection offices and many veterinarians. Raleigh's leash law requires all cats and dogs to be on a leash or in the owner's yard at all times. Cary's leash law applies to only dogs. Durham and Chapel Hill Durham and Chapel Hill have a leash law and a rabies vaccination is required for all pets. For more information call: Raleigh (888)73803463 Cary (888)738-3463 Chapel Hill (919)967-7383 Durham (919)560-0630 |
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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 |
Where is the world's largest wine cellar, and how big is it?
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| A |
A company in the center of the wine-growing district of South Africa has a cellar that covers an area of 54 acres and has a capacity of 27 million gallons. |
See More Real Estate Trivia > |
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 You can find great local
Chapel Hill, North
Carolina real estate information on Localism.com Jodi Bakst is a proud
member of the ActiveRain Real Estate Network, a free online community to help
real estate professionals grow their business. |

Kelly Cobb Home Team Kelly is a REALTOR and friend whose team is a dedicated group of professionals. Find Out More >
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