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Missouri’s 5th Congressional District: Meet the candidates - Kansas City Star
The 5th Congressional District includes that part of Kansas City in Jackson County — rich in Democratic votes. But it also includes large areas where Republican votes are easier to come by: Lee’s Summit, Raymore and Belton. Still, the last time a ...

Homeowners' new reality: You're suddenly poorer - Globe and Mail
Adil Burney from Canada writes: For 2009, CREA is delusional. Suppose we end December 2008 at -9% YoY. To end up a -2% for the full year 2009, we would probably have to bottom in December 2008 and then get to a around 7% by late 2009. CREA is talking ...

Cost of Living, Review of Real Estate in Five Metro Areas - Think & Ask
There was a time in the United States when the cost of living for family of four was about $5 a day -- which included all family expenses plus a mortgage on a three-bedroom house with yard. The salary necessary to afford a life of typical middle ...

Jay Bookman - Atlanta Journal Constitution
The entry titled "U.S. Rep. Paul Broun, R-Crazy," and any of the comments about it. A Georgia congressman, Paul Broun of Athens, has accused Barack Obama of being a Marxist with secret plans to take over the country, abolish all rights and rule as ...

Matter of Record, November 17 - Wichita Falls Times Record News
Jo Nash vs. Kelly Wilson, 2131 Ave. F, $200,000.00, V3305 P885. Gary Writtenhouse vs. Jeff Prine, 1511 Nunneley Pl., #5, $1,248.37, V3306 P576. Workman, Tammy Michele, Wichita County, Chapter 7, Date Filed Oct. 29, Case No. 08-70448. Frazier, Phillip ...

Online Opinion is your chance to tell Keloland what you think. - KELOLAND TV
Click click click—my morning Web surfing leads me to the Sisseton Communities Meeting Place , a fun local blog from our neighbors in northeast South Dakota. I found it through a link on the Watertown Public Opinion's blogroll ... hey! Jon Hunter ...

SUVs Without Wheels - Common Dreams
The financial industry is suffering convulsions because it gave too many people too big an answer to the question, "How much house can I afford?" But in looking over the mess left by the popped housing bubble, another question comes to mind, one of ...

Farmer in Chief - Common Dreams
It may surprise you to learn that among the issues that will occupy much of your time in the coming years is one you barely mentioned during the campaign: food. Food policy is not something American presidents have had to give much thought to, at ...

Wild Card -- Weekend - Spokane Spokesman-Review
Only 3 more days until we get after it again in the new year. I hope you're enjoying yourselves as 2005 comes to an end. If you have some thoughts on the old year or resolutions for the new one, you can post it here. Or start your own thread. Or wait ...

Email Crime Scene KC - Kansas City Star Blogs
Mission playground fire causes $25K in damage Nudists versus wifeswappers! The Michael Vick story can't get any worse, right? UK boy, 12, died from using too much deodorant FL man stabs brother in the chest over a hat, police say As though being a ...

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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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