The City of Carrollton is located in the heart of the Dallas-Fort Worth area and is a vibrant corporate and residential community. Carrollton's location and business cost advantages attract and support a diverse local economy. Over 5,000 businesses call Carrollton home. Manufacturing, construction trades and wholesale trades are some of the largest economic sectors as well as finance, insurance and real estate.
Residents are drawn to the City for its high quality of life, abundant parks, schools and safe neighborhoods. In 2008, MONEY Magazine ranked Carrollton 15th in the country as the Best Place to Live and Forbes Magazine recently ranked Carrollton #12 for "America's Best Places to Move."
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Quick Facts |
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Area |
37 square miles |
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Population (Estimated as of January 2010) |
122,100 |
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Median Household Income |
$70,960 |
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Average Home Value
-a variety of housing types, from single-family, townhouses and apartments
Total Housing Units |
$175,000
42,979 |
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Parks |
More than 1,200 acres of park land |
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Schools |
19 elementary
5 middle
4 high
7 private |
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Healthcare |
237-bed hospital, representing over 36 specialties; 2 private hospitals |
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Labor
-employment labor force
-access to employees in DFW
-employment by occupation:
managerial, professional, services, sales & office
construction/maintenance, production & transportation |
69,340
3 million
82%
12% |
|
Weather
-average daily high
-average daily low
|
76 degrees
59 degrees |
|
Quick Facts |
|
|
Area |
37 square miles |
|
Population (Estimated as of January 2010) |
122,100 |
|
Median Household Income |
$70,960 |
|
Average Home Value
-a variety of housing types, from single-family, townhouses and apartments
Total Housing Units |
$175,000
42,979 |
|
Parks |
More than 1,200 acres of park land |
|
Schools |
19 elementary
5 middle
4 high
7 private |
|
Healthcare |
237-bed hospital, representing over 36 specialties; 2 private hospitals |
|
Labor
-employment labor force
-access to employees in DFW
-employment by occupation:
managerial, professional, services, sales & office
construction/maintenance, production & transportation |
69,340
3 million
82%
12% |
|
Weather
-average daily high
-average daily low
|
76 degrees
59 degrees | 
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 |
What is encroachment, and how might it affect a property owner?
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| A |
Encroachment, refers to the unauthorized intrusion of a building or improvement onto another person's property; it often requires a surveyor's report to support the claim. |
 See More Real Estate Trivia > |
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All rights reserved. All information deemed reliable but not guaranteed.
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