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Thanks Again For All Your Help With The Walk-thru
Thanks again for all your help with the walk-thru...you're such a good watch-dog!!!
- Jeff Coste - Henderson, NV
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Latest Listings: Las Vegas, Henderson and Summerlin Nevada home buying, real estate listings, and homes for sale in Clark County, NV

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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 kind of home construction is considered to be the safest in seismic areas?
A	Straw-bale homes in seismic zones have proven resilient enough to withstand the shock of earthquakes.
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Ronni Land, REALTORŽ, real estate agent and broker for Las Vegas, Henderson and Summerlin Nevada home listings, property and land for sale - NUMBER1EXPERT(tm)

Ronni Land
Ronni Land, Broker
9505 Hillwood Dr. Suite 100
Las Vegas, NV. 89134
Local: (702) 395-7435
Email: RonniLand@NUMBER1EXPERT.com
Ronni will gladly represent you in the purchase of any home or real estate in the Las Vegas area, including Summerlin, Anthem, Red Rock Country Club, Siena, Sun City, Turnberry Place, Southern Highlands, Mountain's Edge, Green Valley and Henderson. Specializing in Buyer Representation for over 20 years...she would love to help you find your Las Vegas dream home at an affordable price and add you to her real estate family. Whether you are seeking a Las Vegas family home, luxury estate or compact condo, NEW HOME or RESALE, Ronni and you will find your perfect Las Vegas home together. Ronni represents YOU, the Buyer - the Seller or Builder pays her commission. When you work exclusively with Ronni, you get the benefit of her knowledge, experience and professionalism. AT NO COST TO YOU.

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