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Tribal Council told about housing aid - Robesonian
PEMBROKE — The Lumbee Tribal Council learned Thursday that there are millions of dollars available for potential home buyers through a little-known federal loan program. Alex Baker, public information director for the Lumbee Tribe, said the ...

Compelling course at gym - Boston Globe
Bret Bondlow is hoping a course he is offering at his Hanover business, Compelling Fitness, will offer new help to autistic children and adults, and anyone with special needs. The business opened last December, and shortly thereafter, Bondlow, a ...

Paying the price for tax cuts in Broward County - Fort Lauderdale Sun-Sentinel
Weston homeowner Tony Steinbuck fights fires for a living, but even he is incensed by the more than 50 percent increase in fire fees imposed by his city. "It's a big scam," said Steinbuck, 47, a Palm Beach County firefighter whose bill jumped from ...

Officials: Teen commits suicide on webcam as others watch - CNN
MIAMI, Florida (CNN) -- With his webcam trained on him, a Florida teenager died in his bed of a drug overdose while others watched over the Internet, officials said Friday. Some of those watching urged him to take more drugs while others debated ...

Local family moves into Habitat for Humanity home in Quincy - Patriot Ledger
A local woman and her two children are moving into a Habitat for Humanity home on Bower Road in Quincy Center. Nancy Abrams, who has lived in the city for 16 years, passed papers on the house Friday. It is the sixth Habitat home in the city and the ...

When couples split, no one wants the house - Palm Beach Post
During the real-estate boom, couples who divorced would fight over who got the house, betting that the winner could get rich from rapidly escalating prices. Spouses plunked down thousands to buy out their partner. Disposing of the ''marital asset ...

South Florida Foreclosures Up Over 325% From October 2007 - All Headline News
Mt. Pleasant, PA (AHN) - Pre Foreclosure statistical analysis company Default Research says South Florida foreclosures are up 325 percent from October 2007, with Miami-Dade County leading. However, there was a bright side to the news, in that the ...

Fla. teen commits suicide with live Web audience - Las Vegas Sun
A college student committed suicide by taking a drug overdose in front of a live webcam as some computer users egged him on, others tried to talk him out of it, and another messaged OMG in horror when it became clear it was no joke. Some watchers ...

Real estate transfers - Elkhart Truth
58282 S.R. 19, Elkhart, $630,000, Sturgis Iron and Metal Co.; sold to SDI Sub LLC, June 24. 59159 Malibar Court, Elkhart, $148,000, Ronald D. and Sabrina J. Fritz; sold to Dennis J. LeCount, June 20. 4010 Doral Lane, Elkhart, $260,000, Stephen E. and ...

First-timers, retirees buying homes at low prices - Palm Beach Post
First-time buyers are stepping forward, overjoyed at the idea of finally being able to afford places of their own. Retirees paying all cash also are getting into the game, yanking their money out of the volatile stock market and putting it back into ...

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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