Ask A Real Estate Pro: Balloon Payment Looms - Sun Sentinel

What can I do? Aretha A: This sounds scary, but you have options. It has been very common for mortgage lenders to offer this type of loan modification. The lender requires only that you pay interest and principal on a portion of your loan in order to get you to an affordable payment amount and defers repayment of the remaining portion of the loan -- along with any missed payments -- until the end. On the maturity date, your last payment would be the total of all of this deferred money. If you dont pay this huge last payment, your loan will be in default and you will face foreclosure. Fortunately, you still have time to prepare for this eventuality. The best thing to do is work to clean up your credit and refinance your loan prior to the maturity date. This new loan would pay off the old loan and spread your payments out over many years at a payment that you can afford. For the original version including any supplementary images or video, visit,0,6833458.story

Florida Real Estate Company Now Selling Turnkey Homes at Reduced Rates Online - University Chronicle

At DLD we are aware of the need for tenants, landlords and investors of different nationalities to understand the real estate laws relating to their activities, said Sultan Butti Bin Mejren, Director General, DLD . Based on our commitment to establishing a transparent real estate environment, the updated version of our booklet that details the laws and regulations relating real estate activity in Dubai is now available in English as well as Arabic. Bin Mejren stated that the real estate legislation booklet acts as a useful reference tool for DLD customers wanting to understand their rights and obligations. Among others he said who would benefit from the new English language version are property developers, legal consultants and real estate offices, as well as investment companies and institutions that are looking to enter the market to launch projects in Dubai. For the original version including any supplementary images or video, visit

Dubai Land Department Issues Real Estate Legislation Booklet

The sale prices are designed to make it affordable for any investor to complete a purchase in the real estate market for an investment property. "We're locally based and North Florida and focus on the Jacksonville market due to the enormous rental market that produces our client's returns," said a JWB Real Estate Capital company rep. For the original version including any supplementary images or video, visit