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Andrews Kurth Elects Seven New Partners for 2009 - MSN MoneyCentralHOUSTON , Dec. 3 /PRNewswire-USNewswire/ -- Andrews Kurth LLP announced today the election of seven of its lawyers to the partnership. Marcus W. Deitz , Tonya M. Gray , Jonathan I. Levine , Kenneth L. Rothenberg , Lisa M. Shelton , Lori Lustberg ...
California Infrastructure Investment to Result in Thousands of New ... - PR NewswireSACRAMENTO, Calif., Dec. 3 /PRNewswire/ -- The developer of the 244-acre Sacramento Railyards project announced today that approximately 3,000 new jobs will be created in 2009 as a direct result of voter passage of Proposition 1C, the $2.8 billion ...
California Infrastructure Investment to Result in Thousands of New ... - CNBCSACRAMENTO, Calif., Dec 03, 2008 /PRNewswire via COMTEX/ -- The developer of the 244-acre Sacramento Railyards project announced today that approximately 3,000 new jobs will be created in 2009 as a direct result of voter passage of Proposition 1C ...
Council OKs plan for FSW brownfield cleanup - Chelsea Standard-HeritageThe Chelsea City Council on Oct. 28 took the next step necessary for the rebirth of the former Federal Screw Works site by approving an environmental cleanup plan. The Downtown Development Authority is amending its development plan to allow for Tax ...
COMMON PLEAS - Salem News OnlineDiscover Bank v. Eric T. Rogers of East Liverpool and Shell Oil; collection sought of $2,281 judgment. Deutsche Bank National Trust v. Joseph and Sherry Cline, etc; foreclosure sought against property on Esther Avenue, Wellsville. CACV of Colorado v ...
Renovate, add artists and create energy - Detroit Free PressPut creative people on blighted blocks and good things start to happen. In post-Katrina New Orleans, for example, young artists are leading a cultural uprising. The KK Projects in the long-neglected St. Roch neighborhood have turned dilapidated ...
A home run for green housing - Guardian UnlimitedIn July 2007, the government set out its plans for 3m new homes by 2020 in the green paper Homes for the future: more affordable, more sustainable . In its latest report Greener homes for the future? the Environmental Audit Committee questioned ...
More of this story» - Edwardsburg ArgusRecently," Taylor said, "as you're aware, our governmental officials have taken on various business functions, including at the national level our banks and, prior to that, the mortgage business in general. "While this is simply our takeover or ...
The good news - house prices will rise again (and then they'll fall) - Times OnlineIn the mid-19th century, big names in the building business were failing. Developers on the Grosvenor Estate in Belgravia, London, such as Thomas Cubitt were in financial trouble and Thomas and Joseph Cundy went bankrupt. A speculative bubble in ...
A town called eco - Guardian UnlimitedInstead of investing in building new "ecotowns", Leo Hickman suggests it would be better to improve the efficiency of the homes we already have. Photograph: Bedzed/Peabody Trust The "eco" tag seems to be fast losing its lustre. There was a time when ...
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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