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Gov. Parnell pushes borrowing bill - Fairbanks Daily News-MinerGov. Parnell pushes borrowing billFairbanks Daily News-MinerJUNEAU — It's the best time to borrow money in decades. And borrowing could mean millions of dollars in ...
Request to block Fred Meyer annexation expires - Fairbanks Daily News-MinerRequest to block Fred Meyer annexation expiresFairbanks Daily News-MinerJUNEAU — Thursday marked the end of a request by Rep. Tammie Wilson, R-North Pole, that the full ...
Buffett's 'Dangerous Business' Grips Bond Insurers - BusinessWeekBuffett's 'Dangerous Business' Grips Bond InsurersBusinessWeekAmbac sold the industry's first insurance policy on municipal debt in 1971, for a $650000 bond of the Greater Juneau Borough Medical Arts Building in Alaska ...and more »
Horicon man pleads not guilty to embezzlement - The ReporterHoricon man pleads not guilty to embezzlementThe ReporterJUNEAU — A 43-year-old Horicon man has entered a not guilty plea on charges that he allegedly embezzled more than $100000 from his employer over an 11-year ...
Bargain hunting in desert, mountains - Press-EnterpriseBargain hunting in desert, mountainsPress-Enterprise... and investments who no longer can afford to maintain a second or third mortgage or want to do some belt-tightening. Sharon and Richard Burns, of Juneau, ...

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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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