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Beverly and James Herdman


Call Beverly and James today at 540-341-8925. Get ready to Come Home to Wine Country.

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You can trust us with your important referrals. We have earned the trust and respect of many realtors through our great track record of success as top producers. We have the experience you are looking for. We are very web-savvy real estate agents which is very important to the majority of today's homebuyers and sellers. Send your referral to our team--we will reflect positively on you. 

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School Reports in Culpeper, Warrenton and Northern Virginia, Virginia
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Real Estate Tips
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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Real Estate Trivia
Q 
What is the most unusual maintenance project done once each year in the United States?

A 
The Niagara Falls is shut down for maintenance every year in the fall by diverting the flow of water for 24 hours using a massive series of pipes constructed in 1837.
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Beverly and James Herdman, REALTOR®, real estate agents and broker for Culpeper, Warrenton and Northern Virginia, Virginia home listings, property and land for sale - NUMBER1EXPERT(tm)

Beverly & James Herdman
"We Bring Wine Country Home"

Re/Max Regency
403 Holiday Ct
Warrenton, VA 20186
Office:: 540-341-8925
Beverly Cell: 703-969-4280
James Cell: 703-969-3812
Fax: 540-937-9002
Email: beverlyherdman@number1expert.com

The Herdmans are absolute professionals. With their outstanding experience and dedication, upbeat personalities, and excellent communication and negotiation skills, they are the ideal team to guide you in discovering, and acquiring, your dream home. We Bring Wine Country Home.

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