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News about Mortgages:
"Hope for Homeowners" providing few solutions and little hope - KOAA"Hope for Homeowners" providing few solutions and little hopeKOAA, CO - Dec 17, 2008Six months ago he opened an art gallery in Manitou Springs to indulge his passion and sell his 400-plus paintings. At the same time, he's two months behind ...
Timber lodge owners launching events venue - Colorado Springs GazetteTimber lodge owners launching events venueColorado Springs Gazette, CO - Dec 27, 2008... 20-year career in the hospitality industry as owners of Timber Lodge - 24 cabins on 4 acres along Fountain Creek and US Highway 24 near Manitou Springs. ...
Today's Mortgage Terms starting with S
Second Mortgage: An additional mortgage that has rights that are secondary to the first mortgage.
Seller’s Market: Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.
Settlement Costs: Money paid by the borrowers and sellers to complete the closing of a mortgage.
Settlement Cost (HUD Guide): HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.
View all Terms