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Business Observer - Fayetteville ObserverWilliam Warthon joined Re/Max AllStars West on Raeford Road as a broker associate. The native of Peru currently serves in the Army. He has lived in Fayetteville for seven years and serves Cumberland and Hoke counties. Coldwell Banker Huff & Pennink ...
No increase planned for Essex County budget - Adirondack Daily EnterpriseEssex County's tentative budget for 2009 would leave no tax increase, a decision that residents commended during a public hearing on Monday attended by 20 people. The total county budget increased 16 percent from $82.9 million in 2008 to $92.2 ...
Guthrie preps for new position - Bowling Green Daily NewsAfter a week in Washington, D.C., Congressman-elect Brett Guthrie is back in Bowling Green, wrapping up his work at his family’s business, Trace Die Cast. The Republican, who was elected earlier this month to the 2nd District U.S. House of ...
Ellsberg Calls for Actions to Prevent War with Iran - Common DreamsELIZABETHTOWN, Pa. - The date Aug. 4, 1964 still haunts Daniel Ellsberg, despite the passage of more than 40 years. He was a 33-year-old on his first day at the Pentagon as special assistant to Assistant Secretary of Defense John McNaughton. It also ...
Loan plan for Big 3 introduced in Senate - Louisville Courier-JournalWASHINGTON -- Senate Democrats introduced legislation yesterday to provide $25 billion in loans to the Big Three domestic automakers, a plan that some Republicans oppose. General Motors Corp., Ford Motor Co. and Chrysler LLC are facing cash shortages ...
How to cope with a job loss - Press RepublicanPLATTSBURGH — Given the sinking economy and the fact that Wyeth is leaving the area anyway, the 118 layoffs there this past week may not have been a complete surprise. But to 125 employees at Comfort Inn and Perkins restaurant who find themselves ...
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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