THE KEVIN GALLAGHER TEAM offers Free In-Home Presentations  Call us today to request your free in-home presentation to discuss the marketing and sale of your home. Our formal listing presentation will include a CMA, Comparative Market Analysis, which will compare your home to others like it that have recently sold or are currently for sale in Ridley Park, Media, West Chester or other areas of Delaware and Chester Counties. It would be our pleasure to meet with you to walk through your home and discuss our extensive marketing, print and web advertising programs and show you exactly how THE KEVIN GALLAGHER TEAM proposes to bring results. Together we will develop a program that meets your needs and considers your goals and expectations. We have made hundreds of in-home presentations and would welcome the opportunity to put our experience and knowledge to work for you. Call us today at 610-675-7100 for your free, no-obligation presentation or complete the following form and we will get back to you quickly. PLEASE COMPLETE THE FOLLOWING INFORMATION TO REQUEST YOUR FREE, IN-HOME PRESENTATION:
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 |
1992 marked the first year since before the Civil War that there were fewer than 2 million ________ in the United States?
|
| A |
There are fewer than 2 million farms, and agricultural land is still being carved up for residential and commercial uses. |
 See More Real Estate Trivia > |
|
|
Kevin Gallagher Team Members
Include:
Kevin Gallagher, REALTOR/ Associate Broker
REALTOR:
Dan Hilferty
|
- NUMBER1EXPERTS™ 
