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News about Mortgages:
Deed Transfers for Oct. 13-24, 2008 - Star-BannerWarranty deed transfers in excess of $80,000 as recorded at the Marion County Clerk of the Circuit Court's office from Oct. 13-24: Grace Y. Newsum Trust to Mary Ruth Cohey Ammerman. Spruce Creek South: $170,000. Donald Overly to Margeretta Overly ...
In a down market, rent-to-own option becoming popular - Providence JournalMINNEAPOLIS — Like so many people, Kris Weber, 37, never imagined she’d be in this prickly place at this time in her life. Five years ago, the dental office manager was married and living in a seven-bedroom, two-bath family home in Coon Rapids ...
Rent now, own later may work for some - News-PressMINNEAPOLIS — Like so many people, Kris Weber, 37, never imagined she’d be in this prickly place at this time in her life. Five years ago, the dental office manager was married and living in a seven-bedroom, two-bath family home in Coon Rapids ...
Rent-to-own becomes the way to buy for many - Dallas Morning NewsMINNEAPOLIS – Like so many people, Kris Weber, 37, never imagined she'd be in this prickly place at this time in her life. Five years ago, the dental office manager was married and living in a suburban Minneapolis seven-bedroom, two-bath family ...
National gas prices hit 3-year low - Pueblo ChieftainHOUSTON - Only four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 Friday, its lowest point in more than three years. Yet the global economic contrast between then and now could not be ...
US gas prices dip below $2, lowest in 3-plus years - Sioux City JournalHOUSTON (AP) -- Only four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 Friday, its lowest point in more than three years. Yet the global economic contrast between then and now could ...
Oil, gas prices still falling - Arlington Heights Daily HeraldSend To: HOUSTON -- Only four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 Friday, its lowest point in more than three years. Yet the global economic contrast between then and now ...
Gas prices dip below $2 as oil prices waver - MSNBCHOUSTON - Only four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 Friday, its lowest point in more than three years. Yet the global economic contrast between then and now could not be ...
National gas price average dips below $2 a gallon - Delaware OnlineHOUSTON — Only four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 today, its lowest point in more than three years. Yet the global economic contrast between then and now could not be ...
Gas Prices Dip Below $2, Lowest In 3-Plus Years - KDKAOnly four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 Friday, its lowest point in more than three years. Yet the global economic contrast between then and now could not be more stark ...
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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