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Likely Muhlenberg Township budget calls for tax increase - Reading EagleMuhlenberg Township commissioners approved a preliminary budget Monday that calls for increases in the property-tax rate and trash-collection fee. The proposed $11.45 million budget reflects a combination of increased fees, cost cutting and borrowing ...
Losing it all: Subprime loan mess slamming doors on homebuyers in ... - Lynchburg News and AdvanceYou wouldn’t expect a $1 million home on Easy Street on Smith Mountain Lake to end up in the same situation as a $20,000 house from inner-city Lynchburg. One was built as a lakeside mini-mansion in 2006. It has 5,200 square feet, granite ...
Good News! Only $6 B. in Big CMBS Loans To Mature in '09 - New York ObserverPropertyShark. It's extraordinary what passes for good news these days! But here you have it. Commercial Mortgage Alert is reporting that only $6 billion worth of CMBS loans worth $50 million or more each will mature in 2009, a quantity that the ...
Haverhill woman's tale of housing woe offers view into global ... - Eagle-TribuneMarie Martinez rode the real estate wave for a decade, buying property worth, on paper, more than $1 million. Then she hit the rocks and lost everything. Martinez's story mirrors those of millions of Americans caught up in the real estate frenzy that ...
News briefs: County wants land for dredging project - Herald TribuneBRADENTON -- Manatee County intends to ask a judge to decide what is a fair price for a strip of land that engineers say is needed for the Wares Creek dredging project. The county wants to acquire an easement from Bradenton Tropical Palms, a mobile ...
State to hold bond sale for residents - Boston GlobeIntent on replicating the success of a September marketing pitch to individual investors, the state will hold an exclusive bond sale tomorrow and Tuesday for individuals before making its latest offering available to institutional customers Wednesday ...
Stuart Fine Foods owner maintains hope of reopening Palm City store in ... - Fort Pierce TribunePALM CITY — Joe Mazzochi can be found daily in his second floor office atop the Stuart Fine Foods store in Palm City. But rather than helping people find the latest produce or donating to any of the 120 organizations he says the Mazzochi family has ...
Kite Realty Group Trust Q3 2008 Earnings Call Transcript - Seekingalpha.comGood day, ladies and gentlemen, and welcome to the third quarter 2008 Kite Realty Group Trust earnings conference call. My name is Krista and I'll be your coordinator for today. At this time all participants are in listen-only mode. We will be ...
Stuart Fine Foods' Mazocchi battling courts, creditors - Fort Pierce TribunePALM CITY — Joe Mazzochi can be found daily in his second floor office atop the Stuart Fine Foods store here. But rather than helping people find the latest produce or donating to any of the 120 organizations he says the Mazzochi family has ...
School for the blind starts visionary newsroom - Newark Star-LedgerEd Murray/The Star-Ledger Judy Ortman, interim executive director of the Concordia Learning Center, is interviewed by student Indigo Estevez from Newark for the school paper. There's a buzz in the newsroom of a New Jersey start-up newspaper, and not ...
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