Listing Details: Wellington, West Palm Beach and Royal Palm Beach, Florida Real Estate Listings & Homes For Sale Provided by Jim Corbin

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 561-798-2224.

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"You know he is watching out for your interests"
"Eve and Dick Thompson"
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Jim Corbin is one of The Top Selling Real Estate Experts™
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Universal Land Title
When the time comes to close on your home, choose Universal Land Title.
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School Reports in Wellington, West Palm Beach and Royal Palm Beach, Florida

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First Time Buyers >More Down Payment Help

One of the most common deterrents to first-time home buyers is the lack of a down payment. However, the home loan industry has practically re-created itself in the last ten years, making it easier than ever to obtain a mortgage, and new mortgage programs are always cropping up.

Some states sponsor loan programs that allow buyers to purchase a home without putting any money down. A parent or other relative can guarantee repayment of ten percent of the loan if the buyer defaults. The only cash needed is for the closing costs, which typically run about three percent of the loan. Parents can also give their children down payment help through a personal note or second trust deed. The terms can be set up for monthly payments or annual payments amortized over a period of time. You could pay the interest only, and have the payoff due when the property is sold.

With so many alternatives, doesn't it make sense to call your real estate agent for a free consultation? You may be closer to home ownership than you think.

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Q	What is a Balloon Mortgage?
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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Jim Corbin, REALTOR�, real estate agent and broker for Wellington, West Palm Beach and Royal Palm Beach, Florida home listings, property and land for sale - NUMBER1EXPERT

Jim Corbin
Illustrated Properties Real Estate Inc.
11924 Forest Hill Blvd, #18
Wellington, FL 33414
561-798-2224: Direct Line
561-790-0529: Fax
Jim@JimCorbin.com
I champion anything I believe in wholeheartedly. This is never more true than in my real estate career. Combine my energy and determination to champion your buying or selling goals, and you have the formula that will lead you to sucess in your next move.

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