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Columnist Kristi O'Harran writes about people in Snohomish County. - Everett HeraldTULALIP - The house comes with a deck on a bluff that overlooks Possession Sound. It has a wood stove, two bedrooms and a small garden on a quiet, dead-end street. All this for just under $220,000. What's the catch? The house is for sale. The land it ...
Something to Crow about Manchester estate sells for record $11.5 ... - Salem NewsMANCHESTER — While foreclosures and the mortgage crisis plague national real estate, the North Shore luxury real estate market continues to thrive. Recently, a record-breaking estate sale was made in Manchester, and other high-end properties are ...
Something to Crow about Manchester oceanfront estate sells for record ... - Gloucester Daily TimesMANCHESTER — While foreclosures and the mortgage crisis plague national real estate, the North Shore luxury real estate market continues to thrive. Recently, a record-breaking estate sale was made in Manchester, and other high-end properties are ...
Coming Soon: SR to Release E-mail Exchanges ... (Not so fast...) - Spokane Spokesman-ReviewUpdate: After reviewing the messages and our options (none good), we've decided not to post the messages. Here's the situation: Of the 50 messages, a few have explicit photos embedded in the message. We can't publish those photos (one shows a toddler ...
Wild Card -- Weekend - Spokane Spokesman-ReviewOnly 3 more days until we get after it again in the new year. I hope you're enjoying yourselves as 2005 comes to an end. If you have some thoughts on the old year or resolutions for the new one, you can post it here. Or start your own thread. Or wait ...
Today's Mortgage Terms starting with P
Payment Cap: A limit on the size of the monthly payment of an adjustable-rate mortgage or other variable rate loan.
Point: A point is equivalent to 1 percent of a mortgage loan. Lenders might charge "origination points" to cover expenses of processing a loan. Some borrowers might pay "discount points" to reduce the loan's interest rate.
Pre-Approval: The process of calculating how much money a potential homebuyer could borrow.
Prepayment Penalty: A lender's charge to the borrower for paying down the loan before the end of its term.
Pre-Qualification: A non-binding process of calculating how much money a potential homebuyer can borrow before applying for a loan. Information submitted during pre-qualification is subject to verification at application.
Principal: It is the amount of money borrowed or owed, excluding interest.
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