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Sheafe House demolition OK'd after judge rules time was up - Citizen
Erin Plummer/Staff Photo AN EXCAVATOR with Spears Brothers of Laconia tears apart the second building of the Sheafe Harbor House on Wednesday. The main building was demolished on Tuesday and the remaining building is scheduled for wrecking soon. The ...

Joe the Plumber Meets Sam the Gas Station Guy - Huffingtonpost.com
A few days ago (which is to say, prior to the Wednesday night presidential debate), I met Sam. Joe the Plumber should really meet Sam, too. I was jogging away on the treadmill at my local gym when the guy next to me--who turned out to be Sam ...

Register for FREE - Wall Street Journal
The email address you have entered is already in use. Please re-enter the email address. A high-level endorsement usually gives a presidential candidate a boost…unless the endorsement comes from Dick Cheney . Barack Obama seized on the unpopular ...

Palin Links Obama to Khalidi, Calls on LA Times to Release Tape - Embeds.blogs.foxnews.com
BOWLING GREEN, OH — At a rally at Bowling Green University, Sarah Palin launched into one of her most scathing attacks of the campaign questioning Barack Obama’s support of Israel by linking him to a Columbia University professor who also served ...

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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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