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Weak economy delaying Felida green home project - ColumbianThe soft economy is delaying the construction of a hyper-green home in Felida. Yet, despite uncertain financing due to the national mortgage meltdown, advocates of the home say they are determined to build a house that generates as much energy as it ...
Great Wolf talking with lenders about mortgage extension - Milwaukee Journal SentinelDec. 1, 2008 11:42 a.m. | Madison-based Great Wolf Resorts Inc. says it remains in discussions with its lenders regarding an extension of yesterday's maturity date on a $76.8 million mortgage loan on its Mason, Ohio, water park resort. Until those ...
Brewers announce spring schedule - Milwaukee Journal SentinelDec. 1, 2008 2:06 p.m. | The Brewers announced their spring training schedule today, including two games against the Los Angeles Dodgers in Dodger Stadium after breaking camp in Arizona. The Brewers' first exhibition game will be Wednesday, Feb. 25 ...
Developers eye vacant Newport school for arts center - Newport Daily NewsA Newport developer is interested in acquiring the abandoned Sheffield School on Broadway and turning it into an arts center. (Jacqueline Marque/Daily News staff) The Newport couple that is converting Lenthal School on Spring Street into upscale ...
Sound off on Vazquez deal - Atlanta Journal ConstitutionThe entry titled "Hampton is gone, while Peavy is ...," and any of the comments about it. Come back … no, good riddance … Please stay, we need you … no, please just go. Does that pretty much summarize the polarizing presence that was Mike ...
Rocket Attack Against U.N. Baghdad Compound Kills 2, Injures 15 - FOX NewsBAGHDAD — A rocket struck near a U.N. compound in the heavily fortified Green Zone Saturday, killing two foreigners and wounding 15, according to U.N. and military officials. The victims were working for a catering company that provides services ...
Toys for Tots Drop-off Sites - WBAY Green BayToys for Tots is collecting toys to make sure children in need get a gift during this holiday season. Toys donated in your area stay in your area. Please contact the webmaster to add, remove, or edit a drop-off site. The deadline for dropping off ...
Cross Lanes developer creating new housing - Herald-DispatchCROSS LANES, W.Va. (AP) — Despite national news of slow home building starts, a developer in Cross Lanes is expanding, creating a gated community called Twin Lakes Estates just off Goff Mountain Road. “There is a need ... a need for a step-up ...
Getting Real on Climate Change - Common DreamsThe wave of optimism that American environmentalists rode into 2008 reached its zenith sometime around April 22 -- Earth Day. Green was everywhere, from the pages of Sports Illustrated to NBC's Green Week to a new cable channel, Planet Green. Armed ...
Home for the holidays - Steamboat Pilot & TodayA pin that belonged to Kathy Foos’ great-grandmother was one of the few things that survived the fire. Photo by Matt Stensland Kathy Foos stands next to what remains of her old home with her grandson, T.J. Larsson. Photo by Matt Stensland Steamboat ...
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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