Define Fixed Rate Mortgages
What are the pro's and con's of fixed rate mortgages?
Define Adjustable-rate mortgages (ARMs)
Why are ARMs attractive to borrowers?
What is seller financing?
There are a couple of mortgages that should make you think twice before obtaining (please define each of the following):
Ballon Loans
Interest Only
When looking for a property, what are some ways that you can evaluate a region?