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Fire damages house among 1st wired for electricity - Buffalo NewsA fire in suburban Detroit has damaged a boarding house built for employees of inventor Thomas Edison that was among the first buildings to get electric lighting. A spokeswoman for The Henry Ford museum complex says Monday afternoon's blaze was ...
Reselling recycled waste not profitable - GazetteFrederick County commissioners gambled in November when they signed a contract to pay $12 per ton to haul recyclables to a processing plant in Howard County. But like many homeowners who took a chance on a risky mortgage, the commissioners' gamble ...
3 condos' closings may offer gauge of area's market - Palm Beach PostPessimists say West Palm Beach's condo market is in for a bloodbath. Optimists say the bleeding is only a boo-boo. To determine which diagnosis is correct, both sides are closely watching closings at the three latest entries into the market - the 467 ...
Jobs, government efficiency top Hoosiers' concerns - Star-PressMUNCIE -- That Hoosiers want the Indiana General Assembly to do more about creating jobs and improving government efficiency comes as little surprise to some East Central Indiana lawmakers. The twist in a new poll conducted by Ball State University's ...
Judge: 'Lying in court has a price tag'; Beatty gets 120 days - Detroit NewsDETROIT -- Christine Beatty "misused" her many talents when she participated in a text-message cover-up with former Mayor Kwame Kilpatrick that hid the details of their affair and ultimately cost the city millions of dollars, Wayne County Circuit ...
Opportunities In The New Year - The BulletinIt’s hard to believe we have almost completed the first decade of the new millennium. In less than a decade, we have seen the promise of the Internet fulfilled, the financial industry grow to epic portions only to blow up like the Hindenburg and ...
2008's top 10 - Daily TribuneNo comments posted. AP photo Clint Eastwood, left, walks out of a Grosse Pointe Shores home July 14 to greet family and friends of the owners of the house where Eastwood will be directing a movie. AP photo Clint Eastwood, left, walks out of a Grosse ...
Developers, agents trying to adapt in tough economy - Knoxville News SentinelOrlando-based development company Land Resource closed its sales office for The Villages at Norris Lake last summer and development work came to a halt on the waterfront project near LaFollette. How long will the pain last? As the calendar turns to ...
Four rescued in early morning Milwaukee fire - Milwaukee Journal SentinelJan. 3, 2009 10:58 a.m. | Four people were removed from a burning apartment building by firefighters climbing ladders early this morning, according to Deputy Chief Jerry Dillard of the Milwaukee Fire Department. None of those assisted from the three ...
Update: Power restored in Shorewood, on east side - Milwaukee Journal SentinelJan. 2, 2009 9:40 p.m. | Power has been restored to about 3,700 We Energies customers in Milwaukee and Shorewood affected by a power failure reported about 5 p.m. today, according to Barry McNulty, a spokesman for the utility. All power was restored ...
Today's Mortgage Terms starting with S
Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
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