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News about Mortgages:
Damaged properties still taxed - Galveston County Daily NewsOwners still will owe taxes this year on homes and commercial buildings that were destroyed or damaged by Hurricane Ike. Tax bills, which will start arriving next week, won’t reflect changes in property value since the hurricane made landfall a ...
Sarkozy, Segolene, and One Wild Election Night - FOX NewsSarkozy supporters rally in the Place de la Concorde after his victory on Sunday. I almost went swimming in the icy waters of a fountain at Place de la Concorde on Sunday. There were near fisticuffs at our live position outside the French Interior ...
No more happy hour - Watford ObserverHANDS up who else is thoroughly miserable? The financial crisis has well and truly ruined this diarist’s mojo. We have yet to go into a recession and I’m already bored of being in a recession. The credit crunch has been biting for more than a ...
2007 quickest depreciating cars - Shropshire StarAnyone who buys one of these needs their head examining. I personally would never consider buying any brand new car. There are plenty of bargains around in the 6 month - 2 year old bracket. Let some other mug take the hit. spindrift said: Jan 15th ...
Dexter Area Historical Society raising money to raise the roof at ... - MLive.comPaul Bishop and his colleagues from the Dexter Area Historical Society and Museum are raising money to replace the aging roof on Gordon Hall. Bishop, management committee chairman for the hall, says the roof replacement project is a costly endeavor ...
Actor Richard Fitzpatrick pays homage in "Roethke and Me" play at SVSU - MLive.comAs a long-time actor, Richard Fitzpatrick's television movie credits include portraying President Gerald Ford once and John Ehrlichman, President Richard Nixon's assistant, twice. In Stratford, Ont., where he and his wife have lived for 20 years and ...
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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