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Aurora propery violations announced - Beacon NewsThe city of Aurora has filed the following property maintenance violation cases, which have been closed through the housing court system. Exterior and Interior Maintenance Violations: At a single-unit rental at 136 Evans Ave., owned by John Lamberti ...
HUD funds to help cities clean up foreclosures - Los Angeles TimesReporting from Los Angeles and Denver -- Terry Ware, head of Denver's housing and neighborhood development office, is a man under siege. The city is due to receive $6 million under an unusual federal program to help cities and counties deal with ...
LA water cops hunt wasteful faucets, sprinklers - Buffalo NewsThe green thumbs who keep lawns lush and flora flourishing in the city have found a new foe among the aphids, white flies and other yard pests - the water police. Just as some scofflaws keep an eye out for black-and-white patrol cars, gardeners have ...
December 2008 - Posts - SlateWell, I end the year with a mea culpa : I should have read the New Republic piece about Holocaust survivor Herman Rosenblat before piping up to defend him. But even after doing so, I agree most with this part of what one of the scholars who initially ...
Today's Mortgage Terms starting with B
Bankruptcy: A legal procedure in a federal court to relieve certain debts of a person or a business that is no longer able to pay its debts. Chapter 7 bankruptcy removes all debts. Chapter 13 lets a borrower with and income to pay bills off over a set period of time.
Bearer: The legal owner of a property.
Bill of Sale: A document that details the transfer of property.
Biweekly Mortgage: A mortgage with payments due every two weeks, totaling 26 payments a year, two payments more than a mortgage with monthly payments. The two extra payments lowers significantly the interest paid over the life of the mortgage.
Blanket Mortgage: A mortgage that includes more than one piece of real estate
Borrower (Mortgager): An individual who makes an application for and receives funds in the form of a loan and is obligated to repay the loan in full under the conditions of the loan.
Broker: An individual who gets buyers and sellers together and helps in negotiating contracts for a client.
Buy-Down Mortgage: A mortgage loan with a lower than market rate for a determined period of time.
Buyer’s Market: Market conditions that favor buyers. When there are more properties for sale than buyers, sellers may be forced to provide price discounts to close the transaction.
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