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LaGrange OKs budget with tax-rate hike - Poughkeepsie Journal
FREEDOM PLAINS - The LaGrange town tax rate will increase 16.9 percent next year but a drop in property values will require most homeowners to pay 6 percent more in town taxes. The LaGrange town board recently adopted a 2009 budget of $7.33 million ...

Humpty Dumpty economy - La Grange Daily News
There is an old nursery rhyme that is eerily applicable to what has happened to the stock market and the nation’s economy. “Humpty Dumpty sat on a wall, Humpty Dumpty had a great fall, and all the King’s horses and all the King’s men, couldn ...

Ramblin' On - Atlanta Journal Constitution
All the entries posted in November. If any Tech fans out there are still holding out to see what Paul Johnson is all about…well, I don’t think they’ll ever be convinced. I’ll admit that I was “cautiously optimistic” going into this season ...

LaGrange reviews budget cuts, maintains 0% spending increase - TriVallyCentral
It was a very difficult process for everybody up here," said Wagner. The town's revenues have dropped considerably. Countywide, mortgage revenues are down 30%. Wagner anticipates a 27% drop in mortgage tax for LaGrange, to $550,000. "We're hopeful we ...

Phillips joins National City Bank - Evening Star
AUBURN — Leo Phillips has joined National City Bank as a mortgage loan originator. Phillips, of Auburn, will serve customers in DeKalb, LaGrange, Steuben and Noble counties from his office in Auburn. Phillips graduated with a business degree from ...

LaGrange man advertises odd jobs to save home - Chronicle-Telegram
LAGRANGE — Fearing foreclosure, LaGrange resident Larry Riddell hopes to find salvation by taking odd jobs. Riddell, 60, said he is about two months in arrears on his mortgage and is willing to do just about anything. He posted a big sign in his ...

LaGrange maintains zero spending increase - Daily Freeman & Sunday Freeman
LAGRANGE - Town Supervisor John Wagner presented the preliminary 2009 budget at the regular town board meeting Oct. 22. The town has not increased spending from 2008, and tax increases are minimal. "This has been made difficult by the national ...

New poll shows tight race between Obama and McCain Save Email Print - WNDU
According to a new Indiana University Fort Wayne study, the presidential election will come down to the wire. The Mike Downs Center for Indiana Politics surveyed 900 registered and likely voters from different parts of Indiana. They asked them who ...

102nd Assembly District - TriVallyCentral
Prior political experience: Assemblyman since 1995. 1) Define the issues important to your constituents. Having lived in Dutchess County for over 30 years and managed my own small business in the Town of Poughkeepsie, I know what it's like having to ...

Woodstock still the longshot - 333-1 to be exact - Atlanta Journal Constitution
For Class AAAAA, it’s a minimum of 6,000 for the SF. But this year, schools may use portable seating to get to 6,000. Before, it was permanent seating. So I think Newnan can get to 6,000 with portable seating. If not, Newnan can move the game to 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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