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Going, going, gone! Delinquent tax sale under way - Beaufort Gazette
With about twice the number of properties to auction off this year at the annual tax sale, Beaufort County deputy treasurer Herschel Evans, who played the part of auctioneer, was making sure his vocal chords wouldn't give out Monday. "I brought some ...

Deals abound as home sales stay in doldrums - Charleston Post & Courier
Real estate agent Julia Cunningham was scouting homes for a California couple on the brink of enjoying a laid-back Lowcountry retirement. But the financial markets crashed those plans, and the would-be buyers called the Coldwell Banker United agent ...

Comments are listed in order posted - Austin Chronicle
We do not need Republicans or Democrats in Austin we need Texans. People who are loyal to Texas not a party. Don Muckleroy 10-09-2008 Five seats. That's what it would take for the Texas Democratic Party to take back the Texas House of Representatives ...

Videos: The Ayers connection; Update: Obama doesn’t read newspapers? - Hotair.com
This morning, we have a series of videos dealing with the intersection of William Ayers, Bernardine Dohrn, and the Obamas. Sarah Palin’s accusation that Barack Obama “palled around with terrorists” has Team Obama attempting to play defense on ...

Chris Satullo: Of Wall Street, moral hazard and our new fortune - Philadelphia Inquirer
The dukes of moral hazard have had a rough few weeks. Some sit dazed and bleeding in the gutters of Wall Street. Some hang on, scared and chastened. As the agonies of financial behemoths grow - venerable Lehman Bros. nearly kaput, bullish Merrill ...

Accountant Allan McFarlane leaves investors $40 million out of pocket - News.com.au
THE sale of the family home of dead accountant Allan McFarlane, who ripped off as much as $40 million from investors, looms as the only hope for creditors. The house, near Stirling, is thought to be worth more than $3 million, and will be put on the ...

One more look at the numbers - Boston Globe
For those interested in data, here’s another look at the real estate numbers from August, according to the Warren Group, a real estate data firm that tracks sales of all properties using records at the state’s registries of deeds. In the first ...

Texas Association of REALTORS(R) Announces Endorsements For November ... - Forbes
AUSTIN, Texas, Sept. 22 /PRNewswire-USNewswire/ -- The Texas Association of REALTORS(R) today announced its endorsements of Texas lawmakers vying for office this November. Listed in the tables below, Chairman Randy Jeffers praised all the candidates ...

All the Day's Political News From Newspapers, TV, Radio, and Magazines - US News and World Report
Media reaction to Sen. John McCain's Republican nomination acceptance speech was generally positive, although it did not elicit the praise devoted to convention addresses by Gov. Sarah Palin or Sen. Barack Obama. Most analysts thought the second half ...

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Today's Mortgage Terms starting with A

  • Accrued Interest: Interest earned but has not been paid
  • Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
  • Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
  • Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
  • Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
  • Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
  • Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
  • Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
  • Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.
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