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The end of Mercy? - News 10 NowWATERTOWN, N.Y. -- Mercy Care Center in Watertown is no longer under Chapter 11 bankruptcy protection laws. That means hospital could close in two years. Mercy has nearly 300 employees and more than 200 beds. The State Health Department will be ...
Deciding what to do with a parent's investments - Daily TerritorialQ: My mother, who I take care of, has her assets in an account with a broker I trust. Should I keep it all in there with the Wall Street crisis? It is diversified with stocks, bonds, and mutual funds. - J.M, via e-mail A: If your concern is the ...
April 2008 - Times Union BlogsThe Capitol. The seat of state government. Where influential politicians craft laws and crafty lobbyists peddle influence. Where hopeful citizens try to get their voices heard. Get a look behind the scenes at New York politics and statewide campaigns ...
2008 (2665) - Dakota Voice► January 16 - January 23 (1) You don't see this kind of courage in a lot of adults, much less a 6-year old. From the Atlanta Journal-Constitution and ABC News comes word of a young boy who rescued his 5-year old friend from drowning. Josiah, who ...
October 12 - October 19 (79) - Dakota Voice► January 16 - January 23 (1) This is the video that was quickly banned from YouTube because of a "copyright infringement." This updated version uses music and video claiming safe harbor under the Fair Use Doctine. To those still confused about ...
Chief reviews work of fire department - Watertown Daily TimesWatertown Fire Chief Henry Butts Monday talked about the current role of the city's fire department Monday during the seventh annual state of the community luncheon sponsored by the Watertown Area Chamber of Commerce. According to Butts, the ...
Even in difficult times, entrepreneurs will emerge - Boston GlobeAmidst dot-com carnage, terrorist attacks, and mortgage-induced financial crises, entrepreneurs blindly continue to do one thing: start and build companies. "What's the other choice?" asks Bob Metcalfe, an entrepreneur-turned-venture capitalist who ...
Amid meltdown, cities slash sports, health, cops - Washington PostPHOENIX -- The palm trees in many Phoenix neighborhoods will be left shaggy this year. The city can afford to prune the trees only on major streets. There's also no money for children's tee ball, or soccer, baseball or flag football. No money for a ...
Amid meltdown, cities slash services - USA TodayThere's also no money for children's tee ball, or soccer, baseball or flag football. No money for a free shuttle service for the elderly. No money for most inner-city "fight back" programs that tackle blight. Around the country, the mortgage crisis ...
Hernando commission race focuses on tax revenue, job creation - St. Petersburg TimesIncumbent District 1 County Commissioner Jeff Stabins' campaign literature states boldly that he "delivers for Hernando County." If that statement ended in a question mark instead, it would summarize how voters will likely decide whether the ...
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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