Southlake, Keller, and North Richland Hills real estate and homes for sale in Texas - The Williams' Group, REALTORS® The Williams' Group REALTORS(r) for Keller, North Richland Hills and Mid Cities, Texas real estate - NUMBER1EXPERTS™ The Williams' Group NUMBER1EXPERTS(tm) for Keller, North Richland Hills and Mid Cities, Texas real estate

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The Williams' Group, REALTORŪ, real estate agents and broker for Keller, North Richland Hills and Mid Cities Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
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From My Affiliates: Keller, North Richland Hills and Mid Cities Texas home buying, real estate listings, and homes for sale in Tarrant                        County, TX
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Real Estate Tips
Financing Your Home >Balloon Mortgages

In loan terminology a "balloon" is the unpaid loan balance that must be paid in full on a specified due date. Federal savings and loan associations are permitted to make balloon mortgages with as little as five percent down and monthly payments that are smaller than the amount needed to fully amortize the debt. On the due date, which may be only a few years after the loan was made, the balance must be paid off or the loan must be renegotiated. Balloon borrowers must be cautious and plan carefully to avoid overlooking balloon payment obligations. It is easy to be lulled into complacency by the easy monthly payment terms.

Today's complex economics have produced a wide variety of options for potential borrowers, who are often surprised by how much house they can afford to buy. Loan approval is ultimately in the lender's hands, but your real estate agent can help you to determine your real buying power.

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Real Estate Trivia
Q 
Where is the world's oldest hotel?

A 
The Hotel Ryokan in the village of Awazu, Japan dates back to AD 717, when an inn was built near a hot spring reported to have miraculous healing properties.
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The Williams' Group, REALTORŪ, real estate agents and broker for Keller, North Richland Hills and Mid Cities Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Williams' Group
Keller Williams Realty

850 E. State Hwy 114, Suite 100
Southlake
Texas 76092
direct line: 817-328-1186
cellular: 817-366-1206
fax: 817-328-1370
office: 817-328-1424
Johnny Williams: johnwill@NUMBER1EXPERT.com
Sue Williams: suewill@kw.com

Johnny Williams has been one of the top performing agents for the past twenty four years and is dedicated to providing quality service. You will always be a priority.

MLS REALTOR


Keller Williams Realty real estate and homes for sale in Keller, North Richland Hills and Mid Cities Texas

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