


|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 334-790-0405.
|

Find Out About the Latest Homes for Sale First! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
|
Compare three mortgages
at one time. Download TripleCalc now. It's free.
|
Nan Pitcher Team is one of The Top Selling Real Estate Experts Find Out More > |
|
|
|
For Home Buyers:
Why Buyers Choose Nan Pitcher Team - Why homebuyers looking for a real estate agent in the Dothan, Ozark and Fort Rucker area choose Nan Pitcher Team.
Latest Listings - Get Nan Pitcher Team's latest Dothan, Ozark and Fort Rucker listings of homes for sale first!
Find Your Perfect Home - Nan Pitcher Team will search for your ideal home and email you the newest Dothan, Ozark and Fort Rucker MLS listings of properties in Huston, Dale, Coffee County AL.
First Time Homebuyers - Are you a first time homebuyer in Dothan, Ozark and Fort Rucker, AL? Choose a top real estate agent. Nan Pitcher Team can guide your home buying search.
Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Dothan, Ozark and Fort Rucker house or other real estate or property.
Go to Main Sitemap - Main sitemap sections include Find Dothan, Ozark and Fort Rucker Homes, For Home Buyers, For Home Sellers, Dothan, Ozark and Fort Rucker Information, Real Estate Resources, and About Nan Pitcher Team.

Please Sign Up For The Latest Listings and the Latest Real Estate News
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.
|
| Q |
How many step are there leading to the top of the Eiffel Tower in Paris, France?
|
| A |
Visitors who walk to the top must go up 1,792 steps. |
See More Real Estate Trivia > |
|

NUMBER1EXPERT
© Best Image Marketing and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|