Washington D.C., Bethesda, Rockville and Potomac real estate and homes for sale in Maryland, luxury homes, condos - Hank Cassi, REALTOR® Hank Cassi REALTOR(r) for Washington D.C., Bethesda, Rockville and Potomac, Maryland real estate, luxury homes, condos - NUMBER1EXPERT™ Hank Cassi NUMBER1EXPERT(tm) for Washington D.C., Bethesda, Rockville and Potomac, Maryland real estate, luxury homes, condos
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Hank Cassi, REALTORŪ, real estate agent and broker for Washington D.C., Bethesda, Rockville and Potomac Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)
All real estate agents are NOT alike! Find out why I am a top real estate expert. Call me: 301-347-4726.


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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 
What weighs 320 tons and is considered the largest single block building?

A 
Pyramid of Mycerinus (Third Pyramid) at El Gizeh, Egypt is the largest single block building and the world's oldest pyramid.
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Hank Cassi, REALTORŪ, real estate agent and broker for Washington D.C., Bethesda, Rockville and Potomac Maryland home listings, property and land for sale - NUMBER1EXPERT(tm)

Hank Cassi
RE/MAX Realty Services

4825 Bethesda Avenue Suite 200
Bethesda, MD. 20814
Direct Line: 301-347-4726
Cell: 301-520-1340
Office: 301-652-0400
Fax: 301-652-4444
Email: hank@hankcassi.com

If you're considering the sale or purchase of a home in Maryland, the District of Columbia, or Northern Virginia, you've come to the right place. Meet Hank Cassi and begin exploring the possibilities right here or call Hank now at 301.347.4726. Specializing in the marketing and sale of homes and Estate Properties throughout the region.

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