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Request My Free Relocation e-Package! Moving your family to another town or state is a major event in your life! I have helped many families and individual relocate to the area! Find Out More > View All Offers >
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"Nicky Dou is simply--The Best!" From the beginning of our relationship, Nicky made us feel like a member of her family, her close circle of friends. Ron and Barbara Winecki Read Quote > View All Quotes >
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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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What time of year is considered the busiest for homebuyers and sellers?
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Real estate is a year-round business, but spring is still considered the best time of year to showcase a home. |
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Nicky Dou - Serving Northwest Arkansas and You! Coldwell Banker Harris McHaney & Faucette 809 S. 52nd Street Rogers, AR 72758 Cell: 479.236.3457 Fax: 866-888-0955 Nicky@NickyDou.com
Nicky Dou is America's NUMBER1EXPERT in Northwest Arkansas. Nicky services Bentonville, Fayetteville, Rogers, Lowell, Springdale, Bella Vista, Beaver Lake, and surrounding areas in Northwest Arkansas. She continues to be at the top of sales in Arkansas and is a native to the area. Nicky is anything but ordinary when it comes to marketing a property. She is an out-of-the-box thinker and utilizes technology and creativity in everything she does. Nicky is in the top 1% of all Realtors in Northwest Arkansas and works for the largest company in the Region, Coldwell Banker Harris McHaney & Faucette.
Nicky offers the highest level of service and dedication - Let Nicky make YOU her Number 1 Client in Arkansas!
Nicky Dou, Sr. Vice President, Executive Broker Coldwell Banker Harris McHaney & Faucette
ePRO, ecoBroker, AHS (Home Staging Specialist) 


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