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Budgets stretched more every month - Delaware OnlineHer 2000 Hyundai Accent has more than 100,000 miles on it, and she just had it in the shop because it wouldn't go in reverse. She knows it's time to replace it. At the same time, Wertz, 28, wants to move out of her grandmother's house, where she ...
Boy Developer Ben Shaoul Wants to Live Forever - New York ObserverInstead of finishing community college, Ben Shaoul bought up his first building at age 19. Eleven years later, he controls over 1,000 rental units, is finishing up three new condos, and is about to erect his first hotel. A small real estate family ...
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.
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