Glossary

| Term | Definition |
|---|---|
| balloon payment |
The final lump sum payment that is due at the termination of a balloon mortgage.
|


Here’s the myth…”If I have the listing agent write the offer, I’m going to get a better deal on the home.” This is absolutely false for a number of reasons.
Here’s the myth…”If I have the listing agent write the offer, I’m going to get a better deal on the home.” This is absolutely false for a number of reasons.
So, what is a VIP Buyer anyway? The simple definition is a buyer who can close the sale and proves it with documentation when they write an offer. Why is this important? IT WILL SAVE YOU MONEY!
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