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Ford has quietly released a superb new hybrid sedan - Hampton Roads Daily PressA s we know from the literary works of Cormac McCarthy , despair can be kind of gratifying. And yet, as much as I hate to disturb our national mood of decline, I have some good news regarding the auto industry. You may return to your comfort drinking ...
Public service in Driehaus' blood - Cincinnati.comHe comes from a family that has been likened to a West Side version of the Kennedys - large, deeply ingrained in the Democratic Party, serving in the public arena and headed by a family patriarch who wanted to see his children succeed in politics ...
TRUMBULL COUNTY - VindicatorJerry D. Ladd Jr., 32, of 112 Westgate Drive, Newton Falls, and Carol J. Oller, 30, of same. James E. Exline, 25, of 4773 Fifth Ave., Youngstown, and Candina M. Chamberlain, of same. Charles Zajaczkowski, 50, of 186 W. Main St., West Farmington, and ...
NEWS IN BRIEF: Around Downriver - News-HeraldThe Capuchin Soup Kitchen has several suggestions on how to help those in need this holiday season. The Capuchin Soup Kitchen’s Caps, Coats and Kids program provides new caps, coats and gloves to needy children. The Capuchin Soup Kitchen’s ...
The year in review - Evanston ReviewJay Terry (right), former head of Health and Human Services for Evanston, smiles as he receives a plaque from Evanston fire chief Alan Berkowsky during his retirement party. (Jason Brown/Staff Photographer) The rising tide of home foreclosures hit ...
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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