The Official Blog


Last updated: June 3, 2021 • Real Estate Investing

Buy or Sell your home in Kings County New York

Whether trying to buy or sell a home in New York’s Kings County, you would be well-served by looking up The Official Real Estate Agent Directory® . A New York real estate agent can smooth and facilitiate buying/selling real estate in the Big Apple.

Buyers can use this real estate agents directory to explore the details of balloon mortgages, homeowners insurance and basis points. These, and many other factors can have a big effect on the financial dynamics and obligations of purchasing and owning a home. Balloon mortgages amortize total mortgage amount as would a fixed rate mortgage. The difference is that after low payments for the first several years, the remainder of the entire mortgage is due. This is the payment that, if not paid in full on time, must be refinanced by the homeowner. Insurance is usually an obligation that protects the homeowner in case of natural disasters, theft and vandalism as well as other unpredictable events. Basis points are units of prepaid interest that, in the case of a long-term commitment to a home, can be worth the initial point payments.

Prospective home sellers are typically concerned with sale price, total costs and charges, associated with the sale as well as prepaying remaining mortgage obligations ahead of due date with some of the sale proceeds. Sellers should look up to find an agent in their area that is familiar with the seller’s local real estate market. Admittedly, in Kings County, that is no small feat. New York City has a dynamic real estate market. Being a critical part of the country in terms of finance, culture and trade has its opportunities and challenges. Real estate agents in Kings County have to know the ins and outs of not only real estate availability, but also the major employment opportunities that buyers and sellers must consider.


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