
Davis Group
Queens, NY. 11427 Cell: 877-donna99 Office:
718-776-0888 |
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All real estate agents are NOT alike! Find out why we are top real estate experts. Call us: 718-776-0888
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Buyers Want Your Home for as Little as Possible. Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision. Find Out More > View All Offers >
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"Donna is honest, and a great problem solver" "After interviewing many agents, my family and I decided to go with Donna" "Kyle McGuire, Elmont,LI" Read Quote > View All Quotes >
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Davis Group are some of The
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Our group Is On YOUR Side! As top real estate agents, we do not work alone! We have a whole group of people working in your best interests. Meet our group. Beryl Benbow Beryl is a native of Brooklyn, NY; and has a B.A. in Fine Arts from Brooklyn College. She has been a Lic. RE Salesperson for 3 years, servicing primarily, Fort Greene, Clinton Hill, Prospect Heights and Bedford Stuyvesant. Beryl has a great knowledge of Residential Sales,/ Rentals, Co-ops, Condos and the Commercial market in previously mentioned areas of Brooklyn.
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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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| Q |
What acclaimed house built of stone, concrete, and glass is built over a waterfall?
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| A |
Fallingwater in Mill Run, PA, built by architect Frank Lloyd Wright, is one of the most-visited homes in the U.S.
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See More Real Estate Trivia > |
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