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To take much of the guesswork out of your consideration about whether a particular property is a good investment, you can check on the actual selling price of similar homes in the neighborhood.
Some sales information, such as the selling price, the financing terms, and the transaction dates, is public information. Your real estate agent will have record of all recent sales. You can find out how properties have been appreciating, based on actual sales, rather than from the neighbors (they could be wrong!). Driving by comparable homes can give you an idea about how they compare with the property you are considering. Your real estate agent may have seen these homes and can give you additional information to help you make a decision.
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| Q |
What is a Balloon Mortgage?
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| A |
A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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Valerie Bertsch
Prudential Fox and Roach Realtors
352 Stokes Road, Suite 1
Medford, NJ 08055
(609) 654-1888 ext. 123
Direct: (609) 714-3223
Fax: (609) 257-0035
valeriebertsch@NUMBER1EXPERT.com
Valerie Bertsch is the #1 agent at the Medford Home Marketing Center. She has had over 500 real estate transactions in all price ranges. But most importantly, Valerie is committed to her clients. She represents them until she gets the results they want. And with Valerie, that tends to happen sooner than later. She works hard for her clients, always keeping their best interests at heart. As an experienced negotiator, Valerie knows how to get the results her clients want. Valerie Bertsch is the right agent. And the right agent makes all the difference.
Valerie is a native of South Jersey who knows the Medford area and its neighborhoods as well as anyone. After being in the real estate industry for over a decade, she has been awarded the New Jersey Association of Realtors Gold Award for 2001, 2003 & 2004, the New Jersey Association of Realtors Distinguished Sales Club Award, and Top Producer of the Medford Home Marketing Office for 2003, 2004, 2005, 2006, 2007 & 2008.     
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