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News about Mortgages:
Truck accident closes Route 60 for two hours - Buffalo NewsA section of Route 60 in Chautauqua County was closed for just over two hours at midday Tuesday, after a tractor-trailer slid into a ditch in wintry conditions, with the trailer blocking both lanes of traffic. Chautauqua County sheriff's officials ...
In Years Past - Post-JournalIn 1908, a bold attempt to burglarize the Randolph post office was frustrated in the morning hours by Deputy Sheriff W.A. Bragg. He engaged in a pistol battle with the burglars, but they escaped. A defective board which formed part of the scaffolding ...
Passenger in parked car shot in arm by two men - Buffalo NewsA Lark Street man told Northeast District police that two men walked up to the parked car he was a passenger in, tapped on the passenger-side window and then shot him in the right arm Wednesday night. Philip Pompey, of the first block of Lark, said ...
Family of missing Chautauqua woman seeks public's help - Buffalo NewsThe family of a missing Chautauqua County mother of three is pleading for the community's help, especially asking any hunters in the woods to be on the lookout for any evidence that could lead to her being found. Corrie L. Anderson, 36, has been ...
Search centers on Ellery property for missing Chautauqua County woman - Buffalo NewsAbout 60 people from the State Police and three other agencies in Chautauqua County this morning launched an intensive search of a Town of Ellery property looking for any evidence connected to the disappearance of Corrie L. Anderson, the missing ...
Borrowers with home ownership counseling do substantially better than ... - Observer Today"The vast majority of mortgages facilitated by CHRIC and other NeighborWorks organizations across the nation are to buyers with low and moderate incomes and less than perfect credit scores, yet by providing quality mortgage advice these homeowners ...
Holt Agent Gets Broker’s License - Post-JournalMAYVILLE - Howard Hanna Holt Real Estate agent Olivia James has earned her New York state license as a real estate broker. ''Securing a broker's license demonstrates extensive real estate experience and completion of the substantial continuing ...
Prospero’s Island? - Inside Higher EdWe reached the island on the morning of Labor Day, as the last of the vacationers were closing up their summer rentals; they caught the afternoon ferry back to New Bedford. At peak times, there may be 300 people on Cuttyhunk. It is a tiny island with ...
Tyranny on Display at the Republican Convention - Common DreamsSt. Paul is a window into our future. It is a future where, as one protester told me by phone, "people have been pepper-gassed, thrown on the ground by police who had drawn their weapons, had their documents seized and their tattoos photographed ...
INDUSTRY NEWS & PEOPLE April 2008 - Business Travel ExecutiveDallas / Fort Worth BTA has recognized Carol Devine, who is retiring and relocating to Kansas City, for her many years in the travel industry and as an active member of DFWBTA for 15 years. Devine served as DFWBTA president for four years, as well as ...
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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