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Condo foreclosures inundate West Palm Beach area - Palm Beach PostA West Palm Beach condo conversion is home to more foreclosures than any other condo project in South Florida. That's according to Bal Harbour real estate firm Condo Vultures, which says 120 of the 465 units at Ponte Verde at Palm Beach Lakes went ...
Mike Bennett - Fort Lauderdale Sun-SentinelHome loan industry competitors are searching for gimmicks, but Bank of America insists that its "No Fee Mortgage Plus" plan announced May 8 delivers what the name implies -- without raising interest rates to applicants. The new program comes with ...
Sen. Aronberg fights to block Alligator Alley lease - Naples Daily NewsNAPLES — A roadblock has been thrown in front of the state’s controversial plan to put Alligator Alley up for rent. On Friday, state Sen. Dave Aronberg, D-Greenacres, announced that he had filed a bill seeking to prohibit deals like the one under ...
Wild Card/Vacation Day 11 of 12 - Spokane Spokesman-ReviewOnly two more shopping days until I return to the final days of the City Council campaigns. Then, we'll have fun taking apart the campaigns. Any dirt yet? Any mudslinging. You know, the good stuff. Or is everyone behaving? My wife is now looking over ...
Latest Rumors - allhiphop.comAll content within this section is pure rumor and generally have no factual info outside of what the streets have whispered in our ear. Read on. Fonzworth Bentley has a crazy show on reality TV, right – G’s To Gents? And so the show tried to get ...
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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