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Pricing >Comparables 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. See All Tips In The "Pricing" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

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. See More Real Estate Trivia >

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