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News about Mortgages:
Decline in new construction takes bite out of Beaver County budget - Beaver County TimesBeaver County TimesDecline in new construction takes bite out of Beaver County budgetBeaver County Times, PA - Jan 4, 2009He said the mortgage crisis and a glut of housing currently for sale on the local real estate market have taken a toll in Beaver County. ...
Census findings: Edina isn't so rich, and other surprises - Minneapolis Star TribuneCensus findings: Edina isn't so rich, and other surprisesMinneapolis Star Tribune, MN - Jan 7, 2009For "Leave It to Beaver" neighborhoods with married couples who have kids, try Andover, Chanhassen, Lakeville and Savage, where more than 40 percent of ...
Grass here a little greener - TMCnetGrass here a little greenerTMCnet - Dec 28, 2008There were still an alarming number of foreclosures in Beaver County and beyond in 2008, and both sales and average prices dropped across the region this ...
Investors returning to Inland housing scene - Press-EnterpriseInvestors returning to Inland housing scenePress-Enterprise, CA - Jan 3, 2009Susan Beaver, 62, owner of a Corona firm that manages homeowners associations, said earlier this year she bought two foreclosure properties in Corona, ...
Village takes over mortgage on hockey arena - Wisconsin Dells EventsVillage takes over mortgage on hockey arenaWisconsin Dells Events, WI - Dec 30, 2008The association players traveled to Beaver Dam, Wisconsin Rapids and Reedsburg to practice indoors, but the association realized it would need an indoor ...
Ski area housing market slides nearly 40 percent - Rocky Mountain NewsSki area housing market slides nearly 40 percentRocky Mountain News, CO - Dec 12, 2008In the ultra-luxury markets, such as the villages at the base of the Beaver Creek and Vail ski areas, brokers say home prices have yet to reflect falling ...
COMMON PLEAS - SalemNews.netCOMMON PLEASSalemNews.net, OH - Jan 4, 2009GMAC Mortgage v. Richard A. Wymer, etc; foreclosure sought against property in East Liverpool. Huntington National Bank v. Michael F. Marczak; Marczak filed ...
The top stories of 2008 - Pittsburgh Post GazetteThe top stories of 2008Pittsburgh Post Gazette, PA - Dec 27, 2008Michael Veon of Beaver County, above, was the most prominent of 10 House Democratic lawmakers or aides indicted on charges they focused on partisan election ...
The year in review for Ballard - Ballard News TribuneThe year in review for BallardBallard News Tribune, WA - Dec 30, 2008Annemarie is very, very talented," said her Ballard Beaver coach Carlos Palacian. By Allison Espiritu Muralist Ryan Henry Ward can be found rolling around ...
Police: No break-in evident at homicide victim’s home - Joplin GlobePolice: No break-in evident at homicide victim’s homeJoplin Globe, MO - Dec 17, 2008Dianna Beaver, the victim’s hairstylist and one of her best friends, said she talked to Hunt by telephone on Monday when she did not show up for a hair ...
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.
View all Terms