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All agents are NOT alike! Find out why we are top real estate experts. Call us: 404-441-9699.
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Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!  It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. When you click on any link above, you'll see your chosen site, along with a form at the bottom of your screen. Use this form to request our quick Status Report on any homes or other real estate that interests you. It's free and without obligation. Remember: As top Cascade, Atlanta and South Fulton County area real estate agents, it's our job to know more about a property than any web site. Make sure you have the most current information!
Financing Your Home >Balloon Mortgages
In loan terminology a "balloon" is the unpaid loan balance that must be paid in full on a specified due date. Federal savings and loan associations are permitted to make balloon mortgages with as little as five percent down and monthly payments that are smaller than the amount needed to fully amortize the debt. On the due date, which may be only a few years after the loan was made, the balance must be paid off or the loan must be renegotiated. Balloon borrowers must be cautious and plan carefully to avoid overlooking balloon payment obligations. It is easy to be lulled into complacency by the easy monthly payment terms.
Today's complex economics have produced a wide variety of options for potential borrowers, who are often surprised by how much house they can afford to buy. Loan approval is ultimately in the lender's hands, but your real estate agent can help you to determine your real buying power.
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| Q |
What house is thought to be the first one designed by Frank Lloyd Wright?
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| A |
Charnley House in Chicago, Illinois, is considered to be the first home designed by Wright while at Adler & Sullivan. |
 See More Real Estate Trivia > |
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The Sly Team
The Pinnacle Division
3990 Demooney Road
Atlanta, GA 30349
Tel: 770-703-6906
Fax: 404-963-0393
Cell: 404-441-9699
Email: majasly@NUMBER1EXPERT.com
Maja Sly began working in real estate while in college over 12 years ago as a property manager. With a degree in Finance she has always been fascinated with the "numbers" aspect of everything. After several successful entrepreneurial ventures, she decided to change gears and began working with RE/MAX in 2001, to fill a void for what she thought was a lack of understanding by most agents regarding the mortgage aspect of purchasing a home. Quickly rising to become one the most prosperous and leading realtors in the Atlanta area. She has been awarded the RE/MAX Platinum and Chairman Club honors, and in 2005, she made it into the prestigious RE/MAX Hall of Fame. With her extensive background in mortgages and Finance, Maja formed The Sly Team which includes a Builder Services Department, Relocation Specialist, Residential, Luxury Homes, Town homes, Condos, and Investment Property. Maja has since started the Pinnacle Division which encompases the many facets of this ever-changing real estate market.   
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