Financing | 6 of 11 | Spot Loan Risks Before Taking the Plunge

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Hi, my name is [your name here]. I am a Realtor here in [your city here]. One of the ways I help buyers and sellers it to point out risks in real estate before they happen. Here are a few things to watch out for when considering a mortgage. Balloon payments are loans that require a large payment at the end. You may be basing your decision on this knowing that you will financially able to pay the final note. If you are not 100% certain of this ability then consider a different approach. Prepayment penalties are not very common anymore, but make sure to avoid these as well. I have seen several of these in owner financing situations specifically.  Thanks for being here, and make sure to check out the MORE FROM [your name here] button on this page for more great content. And if you are a homeowner, claim your free home management system below by clicking the FREE HOME MANAGEMENT SOFTWARE button at the bottom of this page. There is a video there that will explain what I am giving you, so take a look. And if you are watching this on YouTube, then subscribe, click the bell, and look for the link in the description to find the page I am talking about so you can get your free home management software! Thanks so much again and feel free to pass this along to your friends, neighbors and even your work colleagues if they need my help. Have a great day and happy house hunting! Bye!
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