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News about Mortgages:
Deeds Oct 1st thru 10th 2008 - Cecil WhigSedgrick L. and Lutisha S. Williams to Deutsche Bank National Trust, 221 Bennie Drive, Charlestown, $270,000, October 8. Deutsche Bank National Trust to Christopher B. and Amber L. Cranford, 221 Bennie Drive, Charlestown, $285,000, October 9 ...
Central Jersey homes become even more affordable - MyCentralJersey.comIn August, the statistics showed that home prices had leveled off, and that it was an opportune time to buy a home. But then the economy went into a tailspin in October, and New Jersey home-sale contracts slowed to 28 percent fewer than October 2007 ...
Cranford Family Care feels economic slump during the holiday season - Bridgeton NewsCRANFORD--As the height of the holiday season nears, Cranford Family Care is asking for continued support for township residents struggling in this trying economic time. Founded in 1936, Cranford Family Care is a non-profit organization that assists ...
Township considers adding development fee to Housing Plan - Bridgeton NewsCRANFORD--In an update to the township's affordable housing obligation on Tuesday, the Township Committee considered an ordinance to establish development fees and sent the draft Housing Plan element to the Planning Board for consideration. In a memo ...
Pacific 1 Residential Irvine, CA - PR.comBuilders, Planners and Developers concentrate in building and developing your site, project etc. and leave the headache of selling it to... Paris Be A Part Of It Paris, France Come, see, visit and live in Paris like a Parisian. We help you arrange ...
Real Estate Agents & Brokers - PR.comSouth Florida Real Estate Leading site for preconstruction, waterfront luxury homes and Condos. View 1000's of condos, homes and preconstruction... The Number One Source for Fort Myers Real Estate in Miami, Florida. View the latest condos and homes ...
South Mountain family still stunned by home - Waynesboro Record-HeraldA day after seeing their new home at 12881 Loop Road for the first time, members of the Drumm family were still in shock Saturday. “We really want everyone to know how thankful we are,” Blasia Drumm said with tears in her eyes. The family spent ...
Comments [18] - Arkansas TimesSome bloggers were in on a conference call that the Treasury Department held for analysts on the bailout bill. Hope your gardens were productive and you put up a lot of canned goods. Plus, I hope you have a dep(recession)-proof job and a low credit ...
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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